Mexico says trade deal does not apply in Grupo Mexico mine labor dispute
A Mexican court ruled in favor of the workers' union in June, ordering Grupo Mexico to pay back wages and benefits.
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Caterpillar soars to record as profit beat allays slowdown fears
Its stock rose as much as 8% Tuesday after the heavy-machinery maker posted earnings and revenue that both exceeded the highest analyst estimates in a Bloomberg survey.
Equinox calls Greenstone 85% complete, first gold pour in 2024
The project will be one of Canada’s largest gold projects, producing more than 5.0 million oz. of gold over its initial 14-year mine life.
China’s metals and mining investment overseas to hit record in 2023 – report
Chinese investments and new contracts in the metals and mining sector topped $10 billion during the first half of 2023, a 131% growth year-on-year.
Central bank gold buying hits H1 record, says WGC
Quarterly demand from central banks is in line with the longer-term positive trend, according to the World Gold Council.
Uranium price edges higher after Niger coup, further gains anticipated
Niger was the second-largest supplier of natural uranium to the EU last year.
Chinese investment in coal-based steel mills still running hot
Steelmakers received approvals from provincial authorities to invest about $100 billion in new coal-based mills over the past two-and-a-half years.
Rio Tinto looking at possible lithium deals, Stausholm says
The company would like to buy an asset in Canada, according to its CEO.
Li-Cycle starts battery recycling operations at German plant
The facility in Magdeburg has the capacity to process 10,000 metric tons of battery parts annually.
