Venezuela acting government sends mining reform bill to legislature
The law, which must be subject to two debates before it can pass, is likely to be approved given the ruling socialist party's control of the legislature.
Latest Stories
Endeavour Mining reports fatality at Burkina Faso mine
Mining and processing activities at the Mana mine site remain uninterrupted, the company said.
Argentina says Taca-Taca copper project represents $5.25B investment
First Quantum is preparing to apply for the government's RIGI investment incentive scheme for the project.
LME to consider replacing warehouse rent caps with fixed daily load-out rates
Under the current system, rent is lowered to zero if a warehouse fails to load out the required metal within 80 days.
Mideast-bound bauxite, alumina vessels divert due to Hormuz blockage
The Middle East accounts for around 9% of global aluminum supply.
Gold price fades on inflation concerns, silver price rebounds
Spot gold fell much as 3% to around $5,015 an ounce, while silver rose above $85 an ounce.
Aluminum price slips from multiyear high as market turmoil hits metals
Aluminum rose as much has 1.6% to $3,499.50 a ton, the highest since April 2022.
La Mancha builds $313M interest in G Mining
The subscription raises La Mancha’s interest to 19.9% from 16.7%.
Indonesian nickel plants halt output after deadly landslide
Four high-pressure acid leaching plants operated by China’s GEM Co. have halted production.