Copper price down on rate hike fears
Also undermining copper was news of a possible labor deal in a mandatory mediation process to avoid a strike at Los Pelambres.
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Aura Minerals advances Matupá gold project in Brazil closer to production with FS release
The Matupá FS outlined an after-tax net present value of $96 million and an internal rate of return of 27.5%.
Engine parts makers must cross ‘valley of death’ to reach EV era
Auto engine parts makers eyeing the promising electric-vehicle market are dealing with a severe case of delayed gratification.
Column: Australia sees longer commodity boost from Russia’s Ukraine war
Australia expects a boost to its commodity export earnings caused by Russia’s invasion of Ukraine to last into 2024.
Ukraine opposes Belarus bid to lead conflict diamond organization
Ukraine has accused Russia of trying to push its ally Belarus to the top of an international diamond certification body.
Glencore to place Nordenham zinc smelter on care and maintenance
The smelter produces around 165,000 tonnes of zinc and zinc alloys per year, according to its website.
Vale hires advisors as it assesses ‘value-unlocking alternatives’
Financial Times reported that Vale was in talks to sell a $2.5 billion minority stake in its metals business.
Gold price slides ahead of US jobs data
Bullion is holding the key $1,700 price level, however.
Coal revival threatens to push power sector emissions to record
Global carbon emissions from power plants may be headed for a record high this year.
