Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Research shows that Canada’s eight largest pension funds hold some $2.1 trillion in assets but only a quarter was invested in the country.
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What to expect in 2024 after diamond sector’s price plunge
Going into 2024, it is likely that miners will release into the market at least some excess stock they hold on any sign of a demand recovery.
Mexico nationalizes salt producer ESSA, buys Mitsubishi’s stake
ESSA owns the world’s largest salt mine and is one of the biggest producers of salt in Latin America.
Consultation starts in Guatemala over future of Pan American Silver’s Escobal mine
Operations were halted in 2017 when a claim brought by a human rights group alleged local Indigenous people’s right of consultation were violated in advance of granting the mining license.
Russian metals aluminum, nickel escape new US sanctions
Aluminum retreated as much as 1.1% on Friday, while nickel pared an earlier advance of as much as 1.2%.
Hudbay Minerals shares rise on record revenue for 2023
The miner reported record annual revenue of $1.69 billion.
Gold futures reloaded
Gold has drifted out of favor in recent months, overshadowed by the glitzy AI stock-market bubble.
Some Australian ports reopen with cyclone to miss iron ore hub
Operations have resumed at Cape Preston West and Varanus Island, according to a statement from Pilbara Ports Authority.
Column: Funds amass record bear bets on zinc as LME stocks jump
Fund managers have been scaling up short positions on zinc, betting that this year's weakest base metals price performer has further downside.
