China’s green Belt and Road push leaves plenty of grey areas
Developers asked to proceed with “caution” when it comes to BRI coal power projects currently under construction.
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No trace of missing workers from Trevali’s flood-hit mine, three weeks later
Eight underground miners went missing on April 16 at its Perkoa zinc mine in Burkina Faso after flooding caused by heavy rainfall disrupted operations.
Gold Fields eyes South America expansion despite populist policies
The company is considering buying mid-sized gold assets in Chile and Peru.
Sinosteel signs $690 million deal for Cameroon iron ore mine
The Chinese company signed a 50-year contract with the central African government to exploit the Lobe deposit, which contains an estimated 632.8 million tonnes of iron ore.
US lifts tariffs on Ukrainian steel in symbolic move
The duties being suspended were put into place by former President Donald Trump, who in 2018 imposed a 25% tariff on all steel imports.
Nickel price back to where it started before March chaos
Nickel futures finally tumbled back below the level where the London Metal Exchange market closed March 4.
Inflation eating into Gold Fields’ Chile project, CEO says
The Salares Norte gold project, the company's largest, is set to start producing in the first quarter of next year.
Gold price extends decline as dollar rallies to 20-year high
Coming off a run of three straight weekly losses, gold prices declined another 1%.
Copper price near 8-month low on tightening lockdowns in China
Investors are awaiting China’s April trade data due later in the session to gauge the scope of disruptions from covid-19 lockdowns.