Chicago is coming for London’s metal trading after LME stumbles
As the London Metal Exchange wades through the fallout of this year’s nickel crisis, its American rival is gaining ground.
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Codelco proposes 33% price hike for Chinese copper buyers for 2023
Last month, Codelco raised its premiums for sales to Europe to a record $234 a tonne for 2023, up 83% from 2022.
Zimbabwe’s new mineral royalty policy comes into force
The government plans to start collecting half of the royalties from gold, diamonds, platinum group metals, and lithium.
Harmony Gold reports mine fatality at Tshepong North mine
The accident took place on Nov. 7 and internal investigations are underway.
Scientists understand how to better study iron, other minerals
Researchers at Osaka Metropolitan University have investigated the status of iron ions in monoclinic pyroxenes, an endeavour that is key for the future analysis of iron and other minerals’ flakes.
Agnico Eagle, Pan American to buy Yamana Gold in $4.8bn deal
Gold Fields has terminated its agreement with Yamana after deciding not to raise its offer for the Canadian gold miner.
Newcrest approves $140 million expansion of Telfer gold-copper operation
The West Dome Stage 8 cutback should start producing ore in the current quarter and extend Telfer operations into early 2025.
American Eagle reports first drill result from NAK copper project; stock soars
Shares of American Eagle shot up nearly six-fold at Monday's close following the new drill results.
Enbridge to spend $4 billion expanding natural gas pipelines in British Columbia
Should the planned expansion receive the necessary regulatory approvals, the company said the expanded pipeline would be in service sometime in 2028.
