Royalty bill will put Chile’s private miners out of business, trade group says
The bill would slap a 3% royalty on sales of copper that would increase sharply alongside rising prices.
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Codelco says to ignore copper’s gyrations, remains bullish on demand
“Fundamentals remain intact and there will be growing copper demand ahead," Codelco chairman Juan Benavides said.
Iron ore price up amid signs of resilient demand in China
Base metals have rebounded this week as Beijing’s success in containing a sprawling covid-19 outbreak shored up confidence in the demand outlook.
Green steel? Look to hydrogen as the answer, BNEF says
While making green steel with hydrogen requires a price premium now, the process will likely be cheaper by mid-century.
Peru wants mining companies to help build railway to Pacific coast
Peru's southern Andean region has large mines such as MMG's Las Bambas and Grupo Mexico's Los Chancas.
Union at BHP’s Cerro Colorado calls on workers to reject contract offer
Union leader said BHP had used the regulatory issues it faces as an excuse to lowball workers with an inadequate contract proposal.
Gold price retreats past $1,800 as dollar halts slide
The dollar steadied off a one-week low, limiting appetite for bullion from those holding other currencies.
Copper price rises as Chinese buyers come back to the market
Indicators in the physical market suggest the country’s appetite for copper is picking up rapidly.
Aluminum price near 3-year high after Jamaica refinery blaze
The metal has surged 32% this year, second only to tin among the six base metals traded on the LME.