Home: Shanghai aluminum soars as China’s production stalls
Shanghai aluminum prices last week hit their highest since 2010 as the Chinese market gears up for a seasonal demand peak.
Latest Stories
Palladium shoots to new records as deficit fuelled rally reignites
Expectations of a deeper deficit have pushed up prices 20% since mid-March, with palladium touching a new all-time peak of $2,891.20 on Wednesday.
Metso Outotec profit beats forecast on aggregates rebound
Company said there was strong demand for its equipment in Europe and North America.
Debswana to sink $6bn into Jwaneng underground mine
The expansion will produce as much as 9 million carats per year, extending the current diamond mine’s lifespan by 20 years.
Foran Mining wants to develop world’s first carbon-neutral copper project
The miner will record emissions and purchase offsets for the carbon emitted from exploration activities over the past decade at the McIlvenna Bay deposit.
McAra deposit mineral resource surpasses 1m pounds of cobalt
Owner Battery Mineral Resources said this is the first new cobalt-dominant mineral resource delineated in the Sudbury region in the past 50 years.
Anglo American restarts Queensland coal mine amid union backlash
The underground mine had been closed since a methane explosion last year left five workers seriously injured.
Miners seek gold under the desert sands after Egypt changes rules
Country is banking on high gold prices and amended mining laws that scrap red tape and a profit-sharing rule to lure interest.
Bureaucratic delays force layoffs at Taseko’s Gibraltar copper mine in BC
Almost a year has gone by since the company first informed the government of its plans to move a mine shovel from one pit to an older adjacent pit, and it still hasn’t gotten permission.
