Iron ore price retreats as China vows to cut steel output in 2022
China will reduce crude steel output this year, after slashing production in 2021 in line with its goal to control carbon emissions.
Latest Stories
Yamana wants banks to improve terms after S&P upgrade
S&P raised Yamana to its lowest investment grade last week, citing an expectation that the company will maintain low debt leverage ratios over the next several years.
Libero shares jump on lengthy copper intercepts from Mocoa project in Colombia
The company released partial assay results from its first diamond drill hole at the Mocoa porphyry copper deposit in Putumayo.
Tesla gets 8,000 workers back at Shanghai plant, report says
Plant was closed for about three weeks due to a covid-19 outbreak.
Canada climate goals set high hurdle for Suncor oil sands mine extension
Suncor's proposed 225,000 barrel per day (bpd) extension to its oil sands Base Mine unlikely to pass a federal environmental review.
Copper Fox’s Schaft Creek JV preparing for 5,000m summer drilling
The Schaft Creek deposit, located in northwestern BC, is one of the largest undeveloped porphyry copper deposits in North America.
Namibian cuprous oxide gemstone could hold key to quantum computers
Researchers found that a naturally mined cuprous oxide gemstone from Namibia can help produce Rydberg polaritons.
Commodity stocks oust financials as Canadian market heavyweights
Energy and materials companies now constitute about 31.07% of the S&P/TSX Composite Index, surpassing Canada's banks, insurers and asset managers.
Mexico’s lower house backs lithium nationalization plans
The proposed law, now in the hands of the Senate, bans all private participation in the exploration and mining of the battery metal.
