Vale Base Metals chair Cutifani to step down; Pimenta tapped for role
Mark Cutifani will step down as chairman of the copper and nickel spin-off.
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PwC to sell disaster-hit Eagle gold mine in Yukon
A PwC report from last year estimated the total value of Eagle’s assets at $600 million.
Copper price: Chinese smelters ramp up exports, potentially squeezing home market too
Exports at these levels would bring renewed pressure and could potentially tip the Chinese market into backwardation as well.
Some Japan buyers agree to pay aluminum premium 41% below current level
The Japanese aluminum buyers agreed to pay a $108-per-metric-ton premium.
Prime Minister says Canada’s mines to help pay $110 billion NATO bill
Mark Carney said country can meet a steep expected increase in its NATO spending obligations spending partly by leaning on the country’s bounty of critical minerals.
China’s state-owned miner joins ‘gold rush’ to raise capital
Shandong Gold Group is the latest miner looking to cash in on the rally in gold. It is currently seeking to raise as much as $600 million in loans.
Gradiant to build lithium production plant in Pennsylvania’s Marcellus Shale Formation
The site, the company said, is the world’s first to extract, concentrate and convert lithium in a fully integrated, end-to-end process from oilfield produced water.
Uranium miner’s Russian routes unnerve potential bond investors
Money managers are raising red flags about a planned $300 million bond sale by Uzbekistan’s NavoiYuran.
Central banks eye gold, euro and yuan as dollar dominance wanes
According to a report by the Official Monetary and Financial Institutions Forum, one in three central banks plan to increase exposure to gold over the next one-to-two years.