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Key moves in the mining sector.
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EMP Metals, University of Regina to research sources of subsurface lithium
EMP has agreed to support the work of the university’s geologist Dr. Leslie Robbins by providing C$30,000 in financial support over two years.
Tin price rises on confirmation of mining ban in Myanmar
The Wa region is estimated to have accounted for over 70% of Myanmar's tin production in 2022.
Mongolia, Rio Tinto have resolved nearly all copper mine tax issues – PM
The partners spent years mired in a tussle over development of the Oyu Tolgoi mine which is the country's biggest foreign investment.
China nickel producers look to London exchange in dash for profit
Chinese companies likely to apply to the LME include Tsingshan Group, China's largest nickel producer.
Metals traders are leaving hedge funds as markets disappoint
Despite the personnel moves, there aren’t yet signs of permanent retrenchment among hedge funds in metals.
Typhoon’s devastation brings respite to China’s coal market
Torrential rains are dousing Chinese coal prices as power consumption drops in flood-hit cities and industrial areas.
Iron ore price slump widens as China demand concerns mount
Flooding in Hebei from record rainfall added to market worries about local steel production.
Global copper smelting ticked higher in July, but China slid
Apart from Asia and Oceania, all other regions outside China recorded increasing levels of activity.