Glencore cuts off Chinese trader caught up in missing copper scandal
Huludao Ruisheng's storage site in Qinhuangdao is reportedly holding about one-third of the 300,000 tonnes of copper concentrate it should have.
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Mining People: American Copper, Battery Metal Royalties, Elevation Gold, Nevada Vanadium
Key moves in the mining sector.
Stanmore Coal pays Mitsui $380m for full control of Queensland coal mines
Stanmore is buying the remaining 20% stake in the metallurgical coal venture BHP Mitsui Coal in Australia.
BHP, Pan Pacific Copper and Norsepower partner to reduce emissions on shipping routes
Aim is to reduce greenhouse gas emissions on routes between BHP’s mines in Chile and PPC’s smelters in Japan.
Prismo Metals prepares to drill-test at Palos Verdes gold project in Mexico
The company received an extension to its environmental permit in late July.
Gold price slips as traders weigh Fed rate path over easing inflation
Gold gave up early gains as traders assessed the Federal Reserve’s path of monetary tightening after another report showed US inflation easing.
Monarch Mining increases M+I resource base by 39% at Croinor gold project in Quebec
The Croinor project has measured and indicated resources of 903,600 tonnes at an average grade of 6.47 g/t gold.
Stolberg lead plant to reopen when sale to Nyrstar approved
The plant, in the west of Germany, was sold to commodities group Trafigura in July.
Adani plans $5.2 billion alumina mill in growing metal ambitions
The flagship company of the Adani Group got the approval to build the refinery and a captive power plant in Rayagada.