China’s Western Mining to launch Qinghai copper smelter next month -chairman
Qinghai, which involved investment of 2.4-2.5 billion yuan, is undergoing test production and output will ramp up gradually after commercial launch.
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Viceroy says it’s shorting Canadian miner Pretium
Arguing the company has artificially inflated the value of its Canadian gold mine, which risks being taken over by creditors in coming months.
South African miner Assore reports profit fall on stronger rand
Assore reported a 1.9 percent fall in annual profit on Thursday as a strong rand currency offset favourable commodity prices and higher sales.
Norsk Hydro working to convince Brazil to resume full output at Alunorte refinery
Hydro was ordered to slash output by half at Alunorte after the company admitted to making unlicensed emissions of untreated water during severe rains.
Rusal’s August aluminium exports up 7 percent from July – Ifax
MOSCOW, Sept 6 (Reuters) – Russian aluminium producer Rusa , under U.S. sanctions since April, increased its aluminium exports by 7 percent […]
Dalian coking coal extends gains as smog crackdown tightens supplies
Chinese coking coal futures rose their most in a month on Thursday, buoyed by firm physical prices.
ArcelorMittal reaches Ilva deal with unions, opening way for takeover
ArcelorMittal signed a preliminary agreement last year to buy Ilva, which has the largest steel-producing capacity in Europe.
Embattled Acacia Mining lets partner up stake in Nyanzaga gold project
Acacia — Tanzania's No.1 gold miner— will retain a net smelter return production royalty over the project, capped at $15 million.
Uranium supply crunch may be just around the corner — experts
Decade-low prices have had a negative effect on the profitability of existing mines and on the capacity of early-stage projects to raise necessary funding to be mine-ready when demand picks up.