Southern Copper says it is close to sealing deal for Cuajone mine restart in Peru
The Cuajone copper mine suspended operations on Feb. 28, after four communities in southern Peru shut down water access to the company.
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Goldman bids for nickel off-exchange about 32% below LME price
The bank has been offering to trade contracts in commodity index products, such as the S&P GSCI, whose constituents include nickel.
Severstal at risk of default over coupon non-payment
The company said it had received permission by the Russian government to pay in dollars, but believed Citigroup, the paying agent, would block the payment.
Canadian Exploration Snapshot: Seven juniors exploring the country
Canada is among the world’s premier jurisdictions for mineral exploration and mining and has become a go-to destination for the industry.
LME boss says banks are partly to blame for nickel short squeeze
Banks last year lobbied against efforts to increase transparency in metals markets, LME chief executive Matthew Chamberlain said in an interview.
Waybridge, Mercury Group partner on supply chain logistics for raw materials
Joining forces will improve the resiliency of the raw materials supply chain in the wake of disruptions, the companies said.
The world’s biggest commodities markets are starting to seize up
Prices of materials like crude, gas, wheat and metals have become alarmingly erratic as a gulf emerges between buyers and sellers who are facing big financing strains.
NioBay suspends exploration at James Bay project on First Nation objections
The niobium project is located in the district of Cochrane on the traditional territory of the Moose Cree First Nation.
Centerra halts gold bar production at Öksüt after mercury detected in recovery plant
Centerra will be evaluating the impact of this suspension on its 2022 guidance, which was raised to 400,000-450,000 oz earlier in the year.
