Magna Gold says three employees dead after Mexican mine collapse
"Three mine employees were in the fine ore storage area when a cave-in occurred," the company said.
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Gold price highest since June as concerns over Ukraine continue
Rising geopolitical tensions and expectations surrounding a US rate hike drove investors to havens like bullion.
Aluminum price nears 13-year high on tight supply
The metal rose to near the strongest level since 2008 as traders assessed the possible impact of a potential easing of geopolitical tensions over Ukraine.
Explained: How interest rate hikes affect gold’s price
While rising interest rates bring macroeconomic headwinds for equity valuations, gold has had a special relationship with interest rates in recent hikes.
Cobalt powerhouse doubles down on nickel
Umicore says the burgeoning electric-vehicle industry is switching to high-nickel batteries far faster than expected.
China scientists discover huge lithium deposit in Everest region
The hard-rock resource has the potential to host the third-biggest mine of its kind in China, according to ScienceNet.cn.
Aurubis CEO upbeat as metals demand, prices high
Aurubis posted an 85% rise in quarterly profits and reiterated increased 2021/22 earnings estimates.
First Quantum hopes for speedy Cobre Panama contract renewal
The document, which has yet to be approved by Congress, will see First Quantum pay $375 million a year plus a royalty of 12% to 16% of the mine's gross profits.
FLSmidth expects higher 2022 sales, driven by green transition
"The outlook for the mining industry remains positive," the company said in a statement.
