Scotiabank compliance failed to stop gold spoofing, US says
The bank agreed to pay $127.4 million to settle allegations that its traders manipulated precious metals markets.
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KGHM says Sierra Gorda may not need support from next year
The mine posted a 150% leap in second-quarter core profit despite risks related to coronavirus in Chile.
BHP and Rio Tinto show the swings and arrows of China commodity exposure
It may be a bit of an oversimplification, but in the current situation the world of commodities is effectively split between China and the rest.
SQM posts record sales, boosts output despite weak market
The world’s second largest lithium miner saw sales jump almost 50% and boosted output, but low prices hit profits.
Eric Sprott slashes stake in Gran Colombia
Sprott has reduced his stake in the company to just 0.2% from 11.24% earlier this year.
Gold miners keep operating in Mali despite coup
Barrick, B2Gold, Resolute Mining, AngloGold Ashanti, Roscan, Hummingbird Resources and Cora Gold said operations and staff were unaffected.
Rio Tinto cuts 2020 copper targets on Kennecott delay
The world’s second largest miner said a two-month delay in restarting the smelter at the US mine prompted the revision.
Kazatomprom to maintain uranium output cuts through 2022
Company will extend its current 20% output cut through 2022 to help the market for the metal recover.
China plans to boost cobalt reserves as virus spurs supply risks
Cobalt prices have climbed 10% in the past month amid concerns that shipments could be affected by anti-virus measures in parts of Africa.
