Copper price rebounds as weaker dollar spurs short-covering Copper has lost nearly 30% since hitting a record high of $10,910 a tonne in March. MINING.COM Staff Writer | August 4, 2022 | 9:13 am
Zinc price highest since March as energy crunch threatens smelters Glencore warned that Europe’s energy crisis poses a substantial threat to supply. MINING.COM Staff Writer | August 4, 2022 | 8:54 am
Copper worth nearly half a billion dollars goes missing in China A group of companies is investigating why a commodities storage site is holding only one-third of the copper concentrate they were financing. Bloomberg News | August 4, 2022 | 8:22 am
Petropavlovsk to sell Russian assets for $600m to UMMC Petropavlovsk went into administration in July after sanctions on Gazprombank, its main lender and the sole buyer of its gold, left it unable to repay loans. Reuters | August 4, 2022 | 7:54 am
Condor Gold shares jump on La India test results Final tests results indicate a metallurgical recovery of 91% over the life of the open pit gold mine in Nicaragua. Cecilia Jamasmie | August 4, 2022 | 6:54 am
Albemarle studying ways to recycle lithium in North America The world's largest lithium producer is evaluating just how it can partner, invest and develop a battery recycling business. Reuters | August 4, 2022 | 6:32 am
New ways to deal with arsenic in Chile’s copper mines Chile is encountering a growing number of sulfur-based ore layers containing toxic arsenic in its copper mines. Staff Writer | August 4, 2022 | 5:05 am
Ten Mexican miners remain trapped in coal mine after three rescued Some 92 soldiers were working at the scene, as well as specialists and rescue dogs. Reuters | August 4, 2022 | 4:00 am
Glencore profit more than doubles thanks to soaring coal price The firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared. MINING.COM Editor | August 4, 2022 | 3:53 am