Congo-UAE gold export deal raises ‘great concerns’
A 25-year deal published this week by the Congolese government hands a little-known UAE firm exclusive rights to export artisanal gold at preferential rates.
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GM, POSCO Future M to boost investment at Canada battery materials plant
The new investment in their Ultium CAM plant will be used to set up additional facilities for local on-site processing of critical minerals.
Gold’s Fedspeak pullback
Gold’s latest pullback in May short-circuiting strong seasonals frustrated plenty of traders.
Copper price rises as China’s factory activity accelerates
The Chinese manufacturing activity unexpectedly swung to growth in May.
St Barbara backs Genesis bid for Leonora despite revised Silver Lake offer
Providing Silver Lake with access to due diligence would potentially expose St Barbara to a termination of the binding deal with Genesis, it said.
Iron ore price up on China stimulus hopes
Market commentators continue to speculate about China rolling out additional stimulus to support its economic recovery.
Filo Mining upsizes private placement, shares rise
The company has decided to increase the placement from C$100 million to C$130 million due to strong demand.
Column: London Metal Exchange renews stocks transparency drive
Restoring trust in exchange stocks reporting is a key step in winning back the broader confidence of the market.
Rio Tinto’s Boron mine in California becomes first to switch to renewable diesel
Swap from conventional to renewable diesel brings an anticipated CO2 reduction equivalent to axing annual emissions of about 9,600 cars.