Cobalt’s star fades for Glencore traders as customers renege
From riding high on cobalt’s boom, Glencore Plc traders are feeling the heat as falling prices and reneged contracts put a dent in profit.
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China copper premiums slump to 18-month low as demand wanes
The premiums, paid on top of benchmark three-month London Metal Exchange (LME) prices, fell 10.7% from Friday's levels to $62.50 a tonne, the lowest since June 2017.
ISS backs Detour Gold board proposals in Paulson proxy fight
Detour is under pressure from two other investors, investment company Coast Capital Management L.P.and hedge fund Livermore Partners, to overhaul its board and consider a sale.
Congo triples levy on cobalt with strategic-minerals decree
Congo is Africa's top copper producer and mines more than 60 percent of the world's cobalt
Nautilus setting JV to secure support vessels for Solwara 1 project
The support ship will be used at the company's Solwara 1 gold, copper and silver project, off the coast of Papua Guinea, set to be the world’s first commercial deep-sea mine.
Congo state miner in production-sharing deal with Chinese firm
Production sharing agreements align the interests of the two partners because the risk now weighs more on the investor than on Gecamines.
Big lithium riches lure first-time miner to Bolivia’s salt flat
ACI Systems Alemania employs just 20 people and was created solely to focus on building a lithium mine in Bolivia.
Fiore Gold reports additions to resource estimate of Pan mine
The Toronto-based miner reported that the updated resource estimate has resulted in the addition of approximately 38,000 gold ounces in the Inferred category.
Boreal completes drill campaign at Norway copper-gold project
The campaign was carried out at the Burfjord project, located near Kåfjord, in northeastern Norway.
