MINING.COM MINUTE: Biggest stories of the week
Resource nationalism surge spells rough times for miners; Rio Tinto, Mongolia reach new Oyu Tolgoi expansion plan deal; Copper price crashes through $4.00, down 7%.
Latest Stories
Gold price: 3… 2… 1… Let the corrective rally begin
Gold has a bright future ahead, but not before it goes through a medium-term decline after this corrective rally is over.
Activist investor Pentwater takes aim at Turquoise, Rio boards over CEO exit
Pentwater is Turquoise Hill's largest shareholder after Rio with a 9% stake.
Gold’s momentum selloff
The relentless selling since early January had nothing to do with gold’s strong fundamentals; instead it was purely momentum-driven.
Alphamin sees record tin production in Q4, shares up
The Q4 output exceeded its previous guidance of 2,600-2,800 tonnes.
Bank of America, Morgan Stanley win dismissal of metals spoofing litigation
US District Judge said the 2019 lawsuit over alleged spoofing in gold, silver, platinum and palladium futures from 2007 to 2014 was filed long after the two-year federal statute of limitations had run out.
Nickel price slumps as electric dreams are rudely disturbed
The metal has endured its worst week in almost ten years, with the London Metal Exchange (LME) price collapsing by 16% in the space of two days.
LME’s plan to end open outcry meets growing resistance
The London Metal Exchange’s proposal to end 144 years of open outcry trading is running into opposition from both brokers and industrial users.
China to “strengthen management” of strategic mineral resources, eyes green upgrade of steel
China aims to complete ultra-low emission upgrade for 530 million tonnes of steel capacity.
