April 5, 2023

Saudi quest to become a nuclear player is coming up short

Saudi Arabia has spent more than $37 million since 2017 searching for deposits but only managed to identify reserves that would be “severely uneconomic” to mine.

April 4, 2023

Harita Nickel sets IPO price at $670 million

The pricing was set at the higher end of the initial indicative offering range.

April 4, 2023

Companies can vie to mine the deep sea starting in July

The Metals Company expect to file an application in H2 2023 and to receive a mining license in 2024.

April 3, 2023

FPX Nickel and Japan agree to explore globe for ‘disruptive’ awaruite  

JOGMEC is to cover as much as $483,000 annually for two years in the search for deposits of the nickel-iron alloy at the Klow project in British Columbia.

April 3, 2023

Copper price back below $9,000 on weak China industrial activity

Metal price was also impacted by the rise in oil prices and fears about inflation and higher interest rates in the US.

April 3, 2023

Sumitomo Metal plans 11% cut in full-year copper output

The decline comes as it plans to conduct two-month maintenance at its Toyo Smelter & Refinery in Ehime, western Japan.

April 3, 2023

Mitsui Mining expects H1 zinc output falling 4.7% y/y

Mitsui Mining and Smelting Co Ltd plans to produce 107,000 tonnes of refined zinc in the first half of the 2023/24 financial year.

April 2, 2023

OPEC+ makes shock million-barrel cut in new inflation risk

The new reduction is significant for a market where — despite the recent price fluctuations — supply was looking tight for the latter part of the year.

April 2, 2023

Barrick Gold replaces gold reserves, remains on track to execute 10-year business plan

Barrick Gold’s executive chairman John Thornton said the company more than replaced the gold reserves it mined in 2022.

March 31, 2023

Column: Tin’s bull flames doused by weak electronic goods demand

Tin may not stay off the radar for too long.