Iron ore price back above $130 as China pledges support
Iron ore led gains among industrial metals as China vows to use more monetary policy tools to spur the economy.
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Copper price rises on stimulus hopes in China
The Chinese central bank cut its policy interest rate for the first time in almost two years, signaling the beginning of an easing cycle.
Newcrest closes in on Pretium as shareholders vote looms
The $2.8 billion acquisition is likely to be approved on Thursday, boosting the Australian miner's presence in the Americas.
Centamin gold production jumps 58% in December quarter
The company last month said a review of its Sukari gold mine in Egypt indicated the largest reserve growth in a decade.
Polish minister says Czechs to drop Turow complaint if deal signed
The two European Union neighbours have been locked in a dispute over Poland's extension of mining at Turow, which feeds an adjacent power plant important to Polish energy supply.
Trafigura signs $600m financing deal with Congo cobalt miner Chemaf
The funds will help Chemaf complete the mechanisation of its Mutoshi cobalt and copper mine and solvent extraction- electrowinning processing plant in Kolwezi.
Copper plays a role in ozone depletion –research
New research by UC Berkeley geochemists shows that copper in soil and seawater acts as a catalyst to turn organic matter into both methyl bromide and methyl chloride, two potent halocarbon compounds that destroy ozone.
Barrick’s Q4 gold output rises 10% sequentially
The Canadian miner reported total preliminary gold output of 1.20 million ounces in the quarter ended Dec. 31, from 1.09 million ounces a quarter ago.
Antofagasta says Chile water shortage to hit 2022 production
The company, which saw 2021 copper production drop by 1.7% to 721,500 tonnes, anticipates churning out 660,000 to 690,000 tonnes this year.
