Trader buys $36m of copper and gets painted rocks instead
The saga unfolds like a gangland thriller, with the Swiss trading house saying it’s been the victim of cargo fraud.
Latest Stories
Energy Fuels to start rare earth recovery in Utah
The first shipments of natural monazite ore have arrived at the White Mesa mill in Utah.
Sphinx buys former New Calumet zinc-lead-silver mine
The historical resource estimate made in 1996 (not NI 43-101 compliant) included “reserves” in two zones above the 600-foot level of 61,326 tonnes grading 217 grams silver and 6.3 grams gold.
Discovery Harbour partners with Newcrest on Nevada gold project, stock jumps
The companies have entered an option and earn-in agreement for the early-stage Fortuity 89 gold property.
Copper price rises on demand hopes
Copper futures advanced in London and New York on Wednesday on hopes of rising demand, but prices in Shanghai fell on fears of policy tightening by top consumer China.
Neo Performance eyes expansion of European rare earth processing plant
European officials expect the continent's demand for specialized minerals to jump as much as tenfold by 2050.
China metals body chief warns of speculation risk amid volatile prices
China's copper and aluminum smelting capacity will remain relatively stable over the next five years.
PDAC: Exploring 30 years of global gold endowment with Flydentity’s Douglas Silver
What happened to the gold deposits of 1989?
Zimbabwe says China’s Tsingshan to build iron ore mine, steel plant from May
Tsingshan signed a $1 billion outline agreement with Zimbabwe in June 2018 to build a 2 million tonne-per-annum steel plant.
