Vale posts best week in 20 months on metals rebound, nickel plans
Shares in the world’s No. 2 iron ore producer and major nickel supplier surged 11% this week, outpacing peers.
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Escondida mine workers agree to suspend planned work stoppage
Workers at Chile’s Escondida, the largest copper mine in the world, agreed to temporarily suspend a work stoppage planned for next week to meet with local regulators.
BMW touts ‘technology leap’ of longer-range, faster-charging batteries
BMW will partner with CATL and Eve Energy to source the round cells in Europe and China, with the search for partners in North America still ongoing.
Futures still dogging gold
Gold continues to languish near major lows after a rough summer, deeply out of favor with traders.
Copper price up on lower-than-expected inflation in China
Copper consumption in China is expected to be stronger in the fourth quarter.
Mitsubishi Materials to buy out Onahama copper smelter partners
Mitsubishi, Japan's third-largest copper supplier, also plans to construct a new pre-processing facility for recycled materials at the Onahama plant.
Osisko Gold acquires NSR royalty on Marimaca copper project in Chile
The newly created royalty covers approximately 1,310 hectares of existing resource and prospective, near-resource targets.
Gold price rises on expectations of super-sized Fed rate hike
Gold advanced to the highest since late August with markets expecting a super-sized interest rate increase.
Polyus wins bondholder approval to switch currency for Eurobond payments
Polyus had previously asked bondholders to accept payment in a currency other than the US dollar.