November 8, 2021

Chile cuts forecast for mining investments to $69 billion through 2030

Some 27.8% of the pipeline's value will be focused on state-owned miners Codelco and Enami.

November 8, 2021

Aluminum price steady as China auto sales drop, power crunch eases

Aluminum is heading toward a bear market as China’s efforts to boost power output from fossil fuels set the stage for an easing of industrial curbs.

November 8, 2021

Polymetal ups capex forecast due to project speed up

Miner has now raised its capex estimate to $610 million in 2022 and $590-million in 2023 compared with a previous forecast of around $500-million in each year.

November 8, 2021

AngloGold posts 8% rise in cash flows for third quarter

The miner recorded a cash flow of $342 million in the third quarter of 2021, compared to $318 million in the second quarter.

November 8, 2021

Eramet relaunches lithium project in Argentina with China’s Tsingshan

The agreement with Tsingshan covers the construction of a lithium processing plant from the first quarter of 2022.

November 8, 2021

Sumitomo doubles annual profit forecast on surging metal prices

Sumitomo has raised its copper price forecast to $9,071 a tonne for the year from its May estimate of $7,800.

November 8, 2021

Poland waiting for Czech response in Turow talks, says minister

Turow, a 30 square kilometre area, is one of Poland's largest lignite mines.

November 8, 2021

Tin ticks all the commodity supercycle boxes

Tin remains the superstar of the LME industrial metals pack, writes Andy Home.

November 8, 2021

Alcoa to restart long idled capacity at Australian aluminum smelter

The company's aluminum production lines in Australia have been mothballed since 2009.

November 7, 2021

Twitter has spoken: Musk should sell $21 billion Tesla stake

A majority of 3.5 million Twitter users said they’d support the move in a poll that Musk launched Saturday when he floated the idea of selling the stock.