Aluminum price steady as China auto sales drop, power crunch eases
Aluminum is heading toward a bear market as China’s efforts to boost power output from fossil fuels set the stage for an easing of industrial curbs.
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Polymetal ups capex forecast due to project speed up
Miner has now raised its capex estimate to $610 million in 2022 and $590-million in 2023 compared with a previous forecast of around $500-million in each year.
AngloGold posts 8% rise in cash flows for third quarter
The miner recorded a cash flow of $342 million in the third quarter of 2021, compared to $318 million in the second quarter.
Eramet relaunches lithium project in Argentina with China’s Tsingshan
The agreement with Tsingshan covers the construction of a lithium processing plant from the first quarter of 2022.
Sumitomo doubles annual profit forecast on surging metal prices
Sumitomo has raised its copper price forecast to $9,071 a tonne for the year from its May estimate of $7,800.
Spanish Mountain secures First Nation support for gold project in British Columbia
The miner and Xatśūll First Nation signed an engagement protocol agreement in October.
Poland waiting for Czech response in Turow talks, says minister
Turow, a 30 square kilometre area, is one of Poland's largest lignite mines.
Tin ticks all the commodity supercycle boxes
Tin remains the superstar of the LME industrial metals pack, writes Andy Home.
Gemfields finds largest emerald ever at Zambia mine
The 7,525-carat gemstone was named Chipembele, which means “rhino” in the local dialect of Bemba.
