Europe’s top copper producer looks to cut gas usage in Germany The Hamburg-based company is looking to switch to alternatives like fuel oil, but is bracing for a potential restriction in gas supply. Bloomberg News | August 5, 2022 | 9:13 am
BeMetals receives $5 million loan from B2Gold BeMetals made its name in the gold sector by acquiring a portfolio of exploration projects in Japan. Staff Writer | August 5, 2022 | 9:06 am
Iron ore price rises as China demand worries ease A recovery in steel margins in China eased concerns over weak demand for the metal. MINING.COM Staff Writer | August 5, 2022 | 9:04 am
Copper price rises on US jobs data US employers added hundreds of thousands more jobs than expected last month, suggesting the economy may not be in a recession. MINING.COM Staff Writer | August 5, 2022 | 8:56 am
Aurubis retains annual outlook as quarterly profit surges 24% The German industry faces an uncertain winter as Russia is cutting its massive gas deliveries to Germany. Reuters | August 5, 2022 | 8:37 am
Gold stocks deeply undervalued Emerging from unsustainable lows fueled by anomalous fear, gold stocks’ upside potential is huge. Adam Hamilton - Zeal Intelligence | August 5, 2022 | 7:58 am
Nutrien says potash will remain tight even as Russia ships more Nutrien has said it will ramp up potash production capability to 18 million tons by 2025, a 40% increase compared to 2020. Bloomberg News | August 5, 2022 | 7:51 am
Rio Tinto not concerned about Chinese ore-buying company China is exposed to international iron ore prices as it must import nearly 80% of its annual consumption. Reuters | August 5, 2022 | 7:47 am
One of mining’s top female leaders vows change after abuse shame “The process of publicly airing these matters has built trust and accelerated the momentum for change,” said Kellie Parker, Rio Tinto's chief executive for Australia. Bloomberg News | August 5, 2022 | 7:43 am