Turquoise Hill CEO quits on Rio Tinto meddling
Ulf Quellmann has resigned after top shareholder Rio Tinto told the Canadian miner it plans to vote against his re-election.
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Green revolution gets more expensive as copper price rallies
Copper is a vital part of green infrastructure from grids to wind turbines, and a recent price surge threatens to make decarbonization more costly.
Resource nationalism surge spells rough times for miners
Resource nationalism has been on the rise over the past year, but Verisk Maplecroft believes the worst is yet to come for miners as governments try to claw back the financial losses of the pandemic.
Electric car battery cobalt prices are rocketing
Soaring demand in China, ongoing logistics issues along the Congo-South Africa-China route lift prices over 30% in single month, says Benchmark.
Energy storage boom to propel zinc battery demand, industry association says
Annual demand for zinc in batteries was only 600 tonnes in 2020 but that figure is projected to rise to 77,500 tonnes in 2030
Co-operation between artisanal miners and companies gains momentum
Artisanal mining is considered the main source of global mercury pollution.
Rare earth, uranium miners benefit from EV mania and dash of ESG
Uranium sector supply/demand balance is the tightest we’ve seen since pre-Fukushima, analyst says.
Aluminum price surges to 9-year high on Chinese supply concerns
Investors were jittery ahead of China’s annual meeting of parliament, where the country will announce goals for 2021.
Gold price touches 9-month low, pressured by firm yields
Gold is expected to struggle until the Fed curbs higher yields, one analyst says.