Column: Metal markets brace for a downturn of a different kind
The spectre of recession has hung heavy over this year's LME Week festivities.
Latest Stories
Greatland Gold to extend Havieron study on “promising” drilling results
The miner has pushed back completion of the feasibility study for the project in the Paterson province of WA.
Opening up protected areas in the Amazon to mining may lead to massive forest losses
A model developed by Brazilian researchers shows that opening up protected areas in the Amazon to mining projects would lead to massive losses of forest coverage.
Teck exits oilsands with C$1bn sale of Fort Hills stake to Suncor
The all-cash deal, effective Nov. 1, will boost Suncor’s aggregate share in the northern Alberta operation to more than 75%.
Freeport in talks to buy Arizona copper smelter
Executives from Phoenix-based Freeport recently toured the Hayden smelter -- owned by Grupo Mexico unit Asarco -- to appraise the operation.
Japanese Tesla supplier to take on Chinese rivals to tap EV boom
Sumitomo wants to start making materials for a cheaper type of battery -- containing no nickel -- that’s poised for global popularity after storming the world’s top EV market, China.
Newcrest quarterly gold output falls 17% sequentially on planned shutdowns
The company's quarterly copper output also declined.
Barrick CEO says Zambia’s Lumwana mine life could be extended to 2060
Speaking at a media briefing, Mark Bristow said since 2019 Lumwana’s fortunes had been turned around, making it one of Zambia’s largest copper producers.
Inflation-hit miners are seeing early signs of cost relief
The financial chiefs of First Quantum Minerals and Lundin Mining noted a shifting trend on costs for mine supplies during their third-quarter earnings calls.
