Copper price crashes 5% on talk China will release strategic reserves
Beijing may dump state metal stocks on overheating markets and is cracking down on speculation as producer inflation hits 12-year high.
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Members of Vale Sudbury nickel miners’ union reject new offer
Vale was obliged to halt the mine after the workers rejected its initial offer.
Teck Resources on track to double copper output by 2023
The company has a growth initiative in place at each of its core copper operations comprising four operating mines.
Voisey’s Bay underground expansion delivers first ore
Mine in Northern Labrador has started the production at its Reid Brook deposit.
Karora aims to be a carbon neutral junior gold miner
The company owns the Beta Hunt underground gold mine in Western Australia.
Yamana expands Wasamac land package ahead of updated feasibility
The gold miner also expects to release an updated feasibility study for Wasamac by late July.
Iron ore price up after mine closures in Brazil and China
Vale is considering the use of remote-controlled trains near the Xingu dam for the flow of its production.
‘Diamond rush’ grips South African village after discovery of unidentified stones
The mines department said it was sending a team comprising of geological and mining experts to the site to collect samples and conduct an analysis.
USDX: the cleanest shirt among the dirty laundry
With the Fed poised to come clean and scale back its asset purchases in September, the USD Index should shine over the medium term.
