ArcelorMittal Temirtau to suspend hot-rolled steel coil exports to Iran – adviser
ArcelorMittal Temirtau, will suspend the export of hot-rolled steel coils to Iran due to the re-imposition of U.S. sanctions
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Smelting constraints make zinc’s price plunge look overdone
Expectations for a rise in zinc concentrate supplies in coming years have driven down the metal price to one-year lows, but smelting capacity constraints suggest the sell-off is premature.
China’s top steel city extends pollution curbs until July 21
Tangshan, China's top steelmaking city, has extended recent emergency pollution control measures until July 21 because of a possible major smog alert.
Strong demand powers Sandvik Q2, but inventory concerns weigh on shares
Swedish Sandvik, which makes metal-cutting tools and mining gear, reported record-high quarterly earnings and orders on Tuesday on the back of a broad rise in demand, with its mining unit a particular stand-out
South Africa’s Solidarity union to agree wage deal with Eskom
South Africa's Solidarity trade union will accept a three-year wage offer from state-run power utility, Eskom.
Lakes, rivers near abandoned mine sites likely source of antibiotics
Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites.
World’s biggest miners want more copper but nobody’s selling
Nobody who owns a copper mine wants to give it up. Even when Glencore and Anglo American Plc were crippled by debt during the 2015 commodity slump, neither was willing to entertain an offer from Rio for their holdings in the giant Collahuasi deposit in Chile.
LME to launch monthly ‘implied pricing’ for base metals
Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
South Africa’s Amplats, PIC create venture fund to lift PGM industrial demand
The world's no. 1 platinum producer has spun off an internal fund and invested $100 million in a new venture capital fund