Iron ore price rally slows as China moves to cool speculative flows
The Dalian Commodity Exchange vowed to “severely punish” unspecified violations in iron ore trading.
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Copper price hits new high on declining scrap supplies
Chinese refined metal imports have been trending lower since the start of the year and continued doing so in April.
Grupo Mexico plans $3.1bn Baja, refining spend
The six-year investment blueprint includes a $2.3bn expansion to existing smelting capacity in Sonora and $815m for major new electricity lines for the Baja California peninsula.
First Cobalt doubles land position at Idaho project
The Iron Creek project is one of the few primary cobalt deposits in the world.
Gold price shrugs inflation news, holds near 3-month high
Inflation expectations jumped to highest since 2006 raising spectre of earlier rate hikes, a negative for gold.
Seafloor mining fever drives $2.9 billion merger
Canada's DeepGreen Metals among the companies planning to mine oceans for battery metals.
China’s coal futures hit record as exchange tries to cool rally with fee hike
Prices have rallied 34% so far this year as miners struggle to meet robust demand from the nation’s economic rebound.
Mystery of sanctioned tycoon’s assets in Zimbabwe revival plan
In December, the government announced a multibillion-dollar project that would hold some of the nation’s most valuable gold, platinum, chrome and nickel mines.
Coeur takes 17.8% stake in Victoria Gold
After the transaction, Orion Mine Finance will still be Victoria’s largest shareholder.
