Nickel price extends slump on Indonesian glut as metals hit by Fed
Prices of nickel on the London Metal Exchange have almost halved over the past year.
Latest Stories
Fission raising $55 million to advance PLS uranium project in Athabasca Basin
A feasibility study produced for the project was filed in March 2023 outlining a construction period of three years at a cost of $1.16 billion to develop a mine with a 10-year life.
Rio Tinto unit faces criminal case in Canada over injured worker
The accident took place on Jan 26, 2023 at the Diavik mine, which is located about 200 km (125 miles) south of the Arctic Circle in the Northwest Territories.
Cornish Metals shares rise on new drill results from tin project in Cornwall
The company reported results from the first six drill holes of the ongoing 9,000 metre Carn Brea drill program.
Seabridge updates Kerr, Iron Cap inferred resources
An extra 5.9 million oz. of gold, 3.3 billion pound of copper, 55.4 million oz. of silver and 51 million lb. of molybdenum were added.
Fire damage, sanctions delay start of new Russia zinc mine
The Ozernoye zinc mine, which would be Russia's largest, has been hit by the Western sanctions.
Anglo CEO says he can run sprawling miner better than any activist
Anglo’s production pullback has led some investors and analysts to call for more action.
France extends New Caledonia nickel rescue talks
High costs and political tensions in the French-controlled Pacific territory have left its three processing plants on the verge of collapse.
China’s copper plants consider cuts after years of breakneck growth
Stung by disappearing profits, the country’s top industry body last week put forward a menu of options to limit oversupply.
