Iron ore price heads for weekly fall on profit-taking ahead of key China meeting
Iron ore prices are expected to remain under pressure from dwindling demand in the short term.
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Gold stocks breaking out
Gold miners’ stocks are surging again, breaking out from recent months’ consolidation.
Copper bull market buoyed by aging legacy mines, says analyst
As grades get lower, companies will have to increase their capital intensity to pull that production forward, said the VP of Stifel Financial.
Congo offers own cobalt from joint ventures for first time
Gecamines has requested bids for the firm’s portion of cobalt output from CMOC Group’s giant Tenke Fungurume mine.
BHP and Vale reach agreement over Mariana dam collapse proceedings in the UK
The miners will equally share the cost of any damages related to proceedings in Britain over the 2015 disaster.
Weak market for critical minerals seen dampening Western efforts to counter China
Lithium price has tumbled by more than 80% since the beginning of 2023.
Nornickel to restart furnace at key smelter in early August
Nornickel will re-launch one of the two furnaces at its flagship Nadezhda Smelter in early August.
Zinnwald lithium project is now Europe’s 3rd largest
Zinnwald now expects to churn out 16,000tpa to 18,000tpa of battery grade lithium at the project in Germany — a 50% increase.
Mining People: Barksdale Resources, EnviroMetal Technologies, TVI Pacific
Key moves in the mining sector.
