Copper price falls on demand worries in China
China's central bank unexpectedly cut key interest rates for the second time this year in an attempt to revive credit demand to support growth.
Latest Stories
Billionaire behind big nickel short plans to sell steel assets
Tsingshan Holding Group is in advanced talks to sell some of its stainless-steel assets in Indonesia.
Bill Gates’ TerraPower raises $750m for cheaper nuclear
South Korean SK will invest $ 250 million to add a stake in the technology developer.
LME nickel volumes plunge with exchange still hostage to March trading fiasco
Traders say many previous participants of the market worry they may be buffeted by price volatility again.
S.African coal exports to Europe surge, shipments to Asia decline
South Africa's coal sales to Europe rose eight-fold during the first half of 2022 compared with last year.
Vale fined $17m for Brumadinho tailings dam disaster
Brazil's comptroller general decided the miner failed to present reliable information on the conditions of the tailings dam prior to the 2019 disaster.
Lundin weighs sale of $1 billion copper-zinc mine in Portugal
The Neves-Corvo mine produced 7,867 tonnes of copper and 20,647 tonnes of zinc in the April-June period this year.
Taseko granted draft permit for Florence copper project in Arizona
The US Environmental Protection Agency has issued a draft underground injection control licence for the project.
Giga Metals, Mitsubishi to jointly develop Turnagain nickel deposit in Canada
The partners have created a new company, Hard Creek Nickel Corp, to develop the nickel-cobalt deposit in northern British Columbia.
