Skeena Resources seals Essay Creek royalty sale to Franco Nevada
Net proceeds of the sale will be used to fund exploration and development activities at Eskay Creek gold-silver project in British Columbia.
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Ferrexpo owner Zhevago steps down from board after arrest
Zhevago was arrested last week for allegedly embezzling and money-laundering linked to the disappearance of $113 million from his former bank.
Panama president says final contract to First Quantum has been presented
President Laurentino Cortizo said on Monday the government has presented a final contract to regulate operations.
Panama rejects First Quantum’s legal bid to avoid halting operations
First Quantum had notified the country about two arbitration proceedings days after the order to halt operations.
Supreme dollar rules the roost in gold market
The US currency's climb to 20-year peaks this year eroded demand for dollar-priced bullion.
Battery metal binge outweighs cost hikes at PolyMet copper-nickel project in Minnesota
Developing the first phase of the NorthMet open-pit operation about 100 km north of the Lake Superior port of Duluth is forecast at $1.2 billion.
China’s covid U-turn lifts iron ore after wild swings in 2022
The most-traded May iron ore on China's Dalian Commodity Exchange, DCIOcv1, ended the session up 2.8% at $124.14 a tonne.
Chile copper production down 5.5% in November
The drop in copper output was partly due to lower ore grades and operational problems affecting major companies in the sector.
Platinum price on pace for 20% quarterly gain, biggest since 2008
According to Reuters data, platinum is by far the best-performing precious metal in 2022.