March 6, 2024

China’s copper smelters to discuss production cut as fees slump

Smelters compete to treat concentrate but overseas mine disruptions are curbing supply, forcing them to drop their fees.

March 6, 2024

Jervois Global blames Chinese overproduction for job cuts

The cobalt and nickel producer has axed or made part-time 30% of its senior corporate management roles.

March 6, 2024

Canada plans scrutiny of Chinese offtake deals, minister says at PDAC

Government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on critical mineral…

March 6, 2024

US imposes preliminary duties on aluminum extrusions from China, Indonesia, Mexico, Turkey

The duties range from 1.45% to 169.66%, varying by country.

March 6, 2024

China’s top coking coal miner calls on state to control supply

Beijing should control mining activity, limit output and consolidate smaller producers into state-owned firms to “reduce disorderly competition,” Shanxi Coking Coal Energy Group Chairman Zhao Jianze said.

March 5, 2024

Chinese money can’t be solution for cash-strapped Canadian miners, minister says

Chinese investors will all have to go through a national security review, Natural Resources Minister Jonathan Wilkinson said Tuesday.

March 5, 2024

SRG Mining scraps $12.5m deal with China’s C-ONE as Canada tightens scrutiny

C-ONE last year signed a C$16.9 million deal for a 19.4% stake in SRG.

March 5, 2024

Gold price sets new record on Fed pivot, geopolitical risks

On Tuesday, spot gold rose as much as 1.3% to hit a new record of $2,141.60 per ounce.

March 5, 2024

China’s copper processing fees could recover from 2nd quarter, analysts say

The falling charges have threatened to cut output in the world's top producer of refined copper.

March 5, 2024

Ganfeng Lithium plans to buy 15% stake in Pastos Grandes project

The deal would give Ganfeng more access to resources in Argentina.