Franco-Nevada backs Scottie with $7 million royalty, share purchase
The company plans to use the proceeds primarily at its Scottie gold project in British Columbia.
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Green River Gold to begin placer mining on Wabi claims near Quesnel, BC
Green River holds six contiguous placer mining claims straddling the Swift River, which has a significant history of placer mining dating back to the Cariboo gold rush.
Tullett Prebon launches battery metals trading desk
Tullett currently trades base metals such as copper, aluminum and zinc listed on the London Metal Exchange.
Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal
Teck has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal.
Senators raise concerns over Nippon Steel’s China ties amid US Steel takeover bid
Democrat Sherrod Brown has urged President Biden to investigate Nippon Steel’s business dealings in China, according to the Financial Times.
Lithium trading hits record on CME as funds seize budding market
The drop in lithium prices has flipped the market into a contango, creating opportunities for funds.
Iron ore’s reset to $100 heralds China’s new economy shift
Iron ore’s weakness comes amid tentative signs that the wider economy is beginning to heal.
Shanghai exchange to work on nickel futures internationalization
The Shanghai exchange will look to take advantage of restructuring in the global nickel pricing system, its deputy general manager said.
Deutsche Bank says Glencore may weigh listing move to US
The firm’s primary listing could come into focus due to a lack of shareholder support for a plan to split off its coal business and list it separately in New York.
