China’s copper premium spikes on demand from renewables industry
The Yangshan copper premium, or the fee traders pay for imported cargoes over benchmark prices on the LME, extended to its highest level in a year.
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Codelco extracts first ore from Rajo Inca project
Rajo Inca, which is more than 60% built, is set to formally kick off operations next year.
Fourteen informal miners killed in Suriname tunnel collapse
The incident occurred on a concession belonging to a subsidiary of Chinese state miner Zijin Mining.
Geopolitical tensions, seasonal buying push gold demand higher – but is now the right time to invest?
Gold has had a surprisingly strong run through much of the year, rallying further in October as the conflict between Israel and Hamas escalated.
Indonesia aims to start collecting levies from coal miners in January
The proceeds will be used to compensate miners who supply to the state-owned power firm at the capped price.
Brazil Potash’s Autazes project halted on permitting suspension
Lower court decision does not cancel the permits already granted to the Canadian miner, but it prevents it from moving forward.
Sibanye shares plunge on convertible bond sale
The stock sank as much as 25% in Johannesburg, wiping out about 15.2 billion rand ($824 million) of its market value.
Uranium price over $80 for the first time in 15 years
According to Sprott, there is some additional room for prices to move in the short term.
Fortescue shareholders vote against remuneration report
The board had approved special remuneration payments of A$1.98 million to former chief executive Elizabeth Gaines and A$1 million to CFO Ian Wells.
