Giant new iron ore mine may aid China’s push to cool prices
Iron ore futures are trading below $200 a ton after China’s cabinet called for tougher oversight of commodity markets.
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Copper price rebounds, commodity demand signals “firing on all cylinders”
Recent weakening "still consistent with noise,” TD Securities analysts say.
Nouveau Monde gets nod for NYSE listing, trading begins May 24
Shares of Nouveau Monde surged 9.4% on the TSXV.
Copper cupboard remains bare as discoveries dwindle — S&P study
South America was the top location for copper discoveries in the past 10 years.
Covid-19 lops 8% off mining capex spend in 2020 — report
Mining capital spending forecast of $176 billion is up 18% from 2020 and 2019 spends.
Gold price shakes off tapering concerns from Fed minutes
Gold rebounded to a near four-month high despite signals of taper talks from the Fed.
China’s largest jewellery retailer backs mined diamonds
Partnership between diamond miners and Chow Tai Fook aims to boost demand for mined rocks in China, particularly among young consumers.
Codelco says its copper is 100% traceable amid sustainability drive
The announcement comes amid a broader push by the company to reduce water consumption, recycle industrial waste and scale back carbon dioxide emissions by 2030.
Triple Flag shares flat after Canada’s biggest mining IPO in 9 years
Led by former Barrick Gold Corp executive Shaun Usmar, Triple Flag provides up-front financing to miners in exchange for a share of future revenue or production.
