June 5, 2018

About 75,000 jobs to go in Germany’s auto industry because of EVs — study

The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.

June 4, 2018

GO GOLD! Inflationary tariffs could supercharge the yellow metal

"What I can say with full confidence, though, is that prices will rise—for producers and consumers alike—which is good for gold but a headwind for continued economic growth."

June 4, 2018

US-China need new trade framework, says former negotiator

The world’s two biggest economies need to agree on a new framework that will allow both of their economic systems to co-exist.

June 4, 2018

Metals merry-go-round: hiring picks up as prices recover

More hires are expected as brokers eye opportunities from China’s mainland exchanges opening to investors abroad.

June 4, 2018

China’s Chinalco starts $1.3bn expansion of Peru copper mine

The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually.

June 3, 2018

Judge orders Chinese company to stop mining activities in Ecuadorian town

A judge from the Ecuadorian province of Cuenca ruled that Ecuagoldmining South America S.A violated article 57 of the country’s Constitution.

June 3, 2018

World’s No. 4 iron ore miner wants to diversify its portfolio

The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.

June 3, 2018

Talks end with China warning trade benefits at risk if U.S. imposes tariffs

China says implementing tariffs will void agreements.

June 1, 2018

China’s COSCO to build $2 bln shipping port in Peru

China is Peru's top trade partner and imports most of the minerals the South American country produces.

June 1, 2018

China’s Shandong Xinhai told to cut nickel pig iron output for summit -official

Shandong Xinhai has annual nickel pig iron production capacity of around 1.2 million tonnes.