Copper price rallies as Chinese scrap shipments sink by 50%
China's war on foreign waste sees shipping lines refusing to transport scrap, fearing a liability for return shipment if cargoes are rejected by customs.
Latest Stories
First Majestic gets $59 million investment from Sprott
Billionaire Eric Sprott has now become a shareholder in the Mexico-focused silver producer.
MAG Silver to acquire Deer Trail project in Utah
The carbonate replacement deposit was intermittently mined for high-grade silver, gold, lead, zinc and copper sulphides until 1985, when the mine closed leaving faces in massive sulphide.
Albemarle locks horns with Chile over reserves data
Regulators are demanding extra information on reserves Albemarle holds in the lithium-rich Atacama salt flat.
Rio Tinto exits seen reverberating across boardrooms
CEO Jean-Sebastien Jacques and two deputies resigned on Friday after weeks of shareholder pressure.
Tesla in talks to buy low carbon nickel from Canada
The company is in discussions with Canadian miner Giga Metals about helping to develop a large mine.
De Beers sales hint diamond market has bottomed out
Improved sales show the diamond market may have bottomed out and be on the slow road to recovery, say analysts.
No fear over Brazil meeting iron ore export demand – secretary
IBRAM projects that the country will export 310 million tonnes in 2020.
MINING.COM MINUTE: Biggest stories of the week
Barrick CEO faces stark test; Definitive feasibility study for Kakula confirms giant mine; Freeport’s Grasberg go-go days back.
