Auxico plans to build $116 million rare earth refinery in Colombia
Auxico’s plant will incorporate standard metallurgical processes plus innovative extraction technologies
Latest Stories
Glencore’s Australian coal mine revealed as methane super-emitter
The Hail Creek coal mine leaked an estimated 230,000 tonnes of methane a year in 2018 and 2019, according to researchers.
Lundin Energy exploring sale of $10 billion Nordic oil producer
The sale could rank as one of the largest European oil and gas deals in years.
Copper price rises as markets assess omicron variant impact
The World Health Organisation warned that deciding the severity level of the covid variant could take "days to several weeks".
Vale lowers production guidance in boost to iron ore rebound
It now expects to produce 315-320 million tonnes this year, compared with previous guidance of 315-335 million tonnes.
Iron ore price back above $100 despite omicron variant fears
CITIC said that commodity prices could be pressured by the pandemic situation in the short term but would be supported by easing property policy in China in the long run.
Vale sees spinoff hope in tapping waste for building materials
Vale is starting to extract sand from material left over from iron ore processing to supply civil construction projects in Brazil.
Singapore adds to gold pile for first time in decades
Singapore increased its gold reserves by about 20% earlier this year.
Gold price eases off as markets weigh omicron impact
Until we get more news about the Omicron and its potential, the market will continue to trade with uncertainty, one analyst said.