Union at BHP’s Cerro Colorado calls on workers to reject contract offer
Union leader said BHP had used the regulatory issues it faces as an excuse to lowball workers with an inadequate contract proposal.
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Gold price retreats past $1,800 as dollar halts slide
The dollar steadied off a one-week low, limiting appetite for bullion from those holding other currencies.
Copper price rises as Chinese buyers come back to the market
Indicators in the physical market suggest the country’s appetite for copper is picking up rapidly.
Aluminum price near 3-year high after Jamaica refinery blaze
The metal has surged 32% this year, second only to tin among the six base metals traded on the LME.
China coal approvals seen adding to confusion on climate action
Local authorities approved 24 plants with a combined capacity of 5.2 gigawatts, a 79% decline from the same period in 2020.
CEZ aims to decide by year-end on ‘gigafactory’ consortium
Czech Republic is also hoping to start lithium mining from deposits on the north-western border with Germany.
Petra sells two rare diamonds for $13.5 million
The buyer is a partnership between Petra itself and the South African subsidiary of Stargems Group, which will cut and polish the stones locally.
Australia’s Star Minerals nearing IPO
The Perth-based company wants to go public to fund the development of the Tumblegum South gold project.
Codelco breaks ground at $1.4bn Salvador copper mine expansion
Project will extend the productive life of the aging operation by 47 years and increase copper output by almost 50%.