Nornickel examining impact of latest US sanctions
The US imposed sanctions on several Nornickel subsidiaries as well as on the Bystrinsky copper and gold project.
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Congo wants Trafigura partner Chemaf’s deal with Norinco halted
Chemaf put itself up for sale last year due to a cash crunch that was stalling the expansion of its Etoile and Mutoshi projects.
Canada to hit China with tariffs on electric vehicles, steel
The government announced a 100% levy on electric cars and 25% on steel and aluminum.
Iron ore price rebounds past $100 after Chinese stockpiles shrink
A tentative sign that a period of severe oversupply is starting to ease.
Pilbara Minerals’ annual profit falls on weaker lithium prices
The lithium miner posted underlying profit after tax of A$318 million for fiscal 2024.
Global refined copper surplus swells in first half of 2024 — report
New data from the ICSG indicated a preliminary surplus of about 488,000 tonnes, which is significantly higher than the 115,000 tonnes for H1 2023.
KCGM — from unloved asset to Northern Star’s crown jewel
A former non-core asset of majors Barrick and Newmont, KCGM, also known as the Super Pit, is set to become Australia’s largest gold operation under the ownership of Northern Star Resources.
Eagle cleanup focuses now on site’s water after PwC takes over Victoria Gold
PwC and mining environmental management services firm Parsons are installing five groundwater monitoring wells at the site.
Peru’s gold exports to India set to hit record high, says official
In 2023, India became the second biggest buyer of Peru's gold and it should invest in new gold mining projects in the South American country.
