Saudi mining vehicle shifts strategy away from global M&A
Manara Minerals Investment Co. now plans to pursue joint ventures or partnerships with trading firms and make debt investments.
Latest Stories
Gold price halts two-day decline with US-Iran ceasefire extended
The current positioning in gold is significantly cleaner than before, said Darwei Kung, head of commodities and portfolio manager at DWS Group.
World’s No. 6 uranium miner starts new output in Uzbekistan
Navoiyuran has started commercial production at its Qizilkok project in the country’s central Navoi region.
Panama counts steep cost of First Quantum’s copper mine closure
Fresh report by a local private sector group reveals deep economic fallout after Cobre Panamá mine shutdown.
Copper king Chile faces acid supply crunch as China exports dry up
Chile does not produce enough acid of its own and depends on imports, 37% of which come from China, according to HSBC.
Trilogy to seek FAST-41 inclusion for Alaska copper project
Ambler has filed an application for a Clean Water Act Section 404 permit with the US Army Corps of Engineers.
Copper price: Goldman maintains year-end forecast, Traxys sees $15,000
Analysts at Goldman Sachs have maintained their average copper price forecast to $12,650 per tonne this year.
Sandvik’s orders surge as signs of industrial recovery appear
Sandvik’s orders grew 23% on an organic basis — the most in four years — and came in ahead of the average analyst expectation of 14% growth.
Norway’s government takes over planning for Europe’s largest rare earth deposit
The Fen deposit was estimated last month to hold 15.9 million metric tons of rare earth oxide in indicated and inferred resources.