Russia’s mining giants rush to sell metal after LME green light
The decision not to ban Russian metal from LME warehouses has triggered a rush to conclude contracts with the country’s two big producers.
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Wallbridge completes nickel asset sale to Archer; stock rises
In July 2022, Wallbridge announced that it would be selling its portfolio of nickel projects to Archer to focus on its core gold mining assets.
Copper price set for weekly drop on demand concerns, stronger dollar
Asian stock markets were cautious and the dollar was set for a weekly gain.
China to strengthen supervision of lithium battery supply chain
Most Chinese EV makers are registering losses despite rapid sales growth because of rising battery costs.
China’s October aluminum imports drop 34% amid rising supply, weak demand
The country brought in 196,460 tonnes, including primary metal and unwrought, alloyed aluminum, last month.
Indonesia faces difficult task to create OPEC-like group for nickel
The proposal to "coordinate and integrate nickel policy" was made this week by Indonesia's investment minister in talks with Canada.
Nativ Carbon completes largest reforestation project ever in Australia
The Moora project included the use of more than 40 biodiverse species and over 1.2 million seedlings.
Mining People: Inventus, Liberty Gold, Star Diamond
Key moves in the mining sector.
Mali forms new state-owned miner
The company, Société de Recherche et d'Exploitation Minière du Mali (Sorem SA), will be fully funded by the state.
