Sabina Gold goes ahead with Nunavut mine construction
Construction of the $463 million Goose gold mine is planned to fully start in 2023, with first gold production expected in 2025.
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Aluminum price lowest since April 2021 on strong dollar and demand outlook
The price of the metal has lost 20% this year.
Gold price near ‘danger zone’ as dollar, treasury yields surge
Bullion had dropped below $1,700 an ounce as central banks globally raise interest rates to combat inflation.
Billionaire Adani adds more detail on $70 billion green push
The world’s third-richest person wants to build major facilities to manufacture electrolyzers for making green hydrogen, wind power turbines, and solar panels.
Saudi Arabia awards Moxico Resources and Ajlan & Bros Khnaighuiyah mining licence
Khunaygiyah's zinc and copper deposits are estimated at around 26 million tonnes.
Indonesia president says likely to lose WTO nickel dispute against EU
The ban has boosted Indonesia's export revenues, with $20.9 billion worth of exports of nickel-based products in 2021.
Great Panther to delist from TSX, NYSE as it seeks creditor protection
The cash-strapped Canadian miner is likely to default on several material debtor agreements owing to liquidity constraints.
EU, US step up Russian aluminum, nickel imports since Ukraine war
EU and US imports of Russia's main base metal products aluminum and nickel during March-June increased by as much as 70%.
Global aluminum producers offer Q4 premiums of $115-$133/t
The lower premium offers reflected weak demand from automakers amid a global supply chain crunch.
