Copper price surges toward $10,000 as bulls bet on global rebound
Bulls are swarming in to profit as stimulus measures, vaccine rollouts and climate pledges fuel a global recovery from the pandemic.
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Vale mulls base metals spinoff to tap EV market
The move could help the nickel and iron ore giant take advantage of an increasing demand from electric car manufacturers.
Investors love copper but not the price of building a new mine
As copper bulls pushed prices to decade highs, the end of a six-month corporate spat showed that some investors were still reluctant to back a long-term bet on the metal.
BHP likely to approve long-delayed Jansen potash project
Scotiabank analyst says there’s a 90% chance that BHP finally greenlights the first phase of its Jansen potash project in Saskatchewan.
Lawmakers in biggest copper nation ratchet up tax proposal
The worst-case scenario for Chilean copper producers in a debate over a new royalty system just got bleaker.
Australian state commission approves extension of Glencore’s Mangoola coal mine
The decision comes ahead of a byelection for the Upper Hunter seat in the NSW state parliament, in which the future of coal mining in the region is likely to be a key issue.
Nordgold repays $325 million in debt
Nordgold’s total debt now comprises solely of a five-year $400 million Eurobond.
Diamond stash worth billions sold off after demand roars back
It’s been a rapid turnaround as cutting centers in India and Antwerp rushed to replenish supplies they’d been unable to buy during the worst of the crisis.
Chile settles dispute with Albemarle over lithium reserves data
Chilean regulators have settled a high stakes dispute, defusing a spat that may have led to the suspension of the company's permit to expand its operations.