Copper price down on China’s move to cool coal market
On-warrant LME stocks, those not earmarked for delivery, have tumbled by over 90% since mid-August.
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China coal prices notch worst week since May on govt intervention
China has been pushing coal miners to ramp up output and hiking imports so power stations can rebuild stockpiles before winter.
London Metal Exchange has to restrain disorderly copper
The London copper contract has been sucked into a stocks vacuum after the amount of available metal in warehouse system sank to the lowest since 1974, writes Andy Home.
Boliden profit misses forecasts hit by production disruptions
Boliden said costs had increased due to major planned maintenance shutdowns, higher energy prices and wage inflation.
Liquid metal helps convert CO2 into battery, manufacturing resources
A group of scientists discovered that liquid gallium can help transform carbon dioxide into oxygen and a high-value solid carbon product.
Anglo American to resume mining at Grosvenor by year-end
The underground mine was closed in May 2020 after a methane explosion left five workers seriously injured.
Codelco reaches union agreement with Salvador mine
Codelco said it had reached a 36-month agreement that will not include salary adjustments.
Wallbridge hits gold on first drill hole at Casault in Quebec
The first reported hole of thirteen drilled this summer into exploration targets on the Casault property in northwestern Quebec returned 2 metres […]
Top 10 cobalt operations outside of China and the DRC
There is currently a solid global project pipeline, due to the rise in cobalt prices and the expected demand boom amidst battery manufacturing projects, Fitch writes.