A key measure of Chinese copper demand just sank to zero, another indication that global prices are not balanced with what buyers in the biggest market are prepared to pay.

Wednesday, April 24, 2024 - 19:09:04

Visit: 31

Interros, Nornickel’s largest shareholder, on Monday called allegations by fellow shareholder Rusal about undervalued asset sales unfounded, the latest step in a long-running dispute between two of Russia’s biggest metals firms.

Monday, April 22, 2024 - 22:40:24

Visit: 44

Mining News Pro - Russia’s Nornickel will pay $18 million to pass its 50% stake in Nkomati nickel mine in South Africa to its partner African Rainbow Minerals (ARM), ARM said on Friday, ending years of Nornickel’s attempts to exit Africa.

Friday, November 24, 2023 - 22:03:38

Visit: 108

Mining News Pro - One of the world’s top bullion banks is bringing blockchain to the antiquated London gold market.

Thursday, November 2, 2023 - 22:57:03

Visit: 177

Mining News Pro - Zimbabwe earned $209 million from lithium exports in the first nine months of 2023, nearly treble last year’s earnings, Mines Minister Zhemu Soda said on Wednesday, as Chinese-driven mining and processing projects take off.

Thursday, November 2, 2023 - 22:53:16

Visit: 218

Mining News Pro - Citigroup Inc. has been buying large volumes of physical aluminum and zinc on the London Metal Exchange, in a bold metal-financing trade that’s made it one of the biggest players in the market in recent months.

Tuesday, October 10, 2023 - 22:52:54

Visit: 159

Mining News Pro - MMC Norilsk Nickel PJSC has established an office in Dubai, becoming the largest Russian metals and mining firm to set up in the United Arab Emirates following the Kremlin’s war in Ukraine.

Thursday, August 24, 2023 - 17:31:40

Visit: 183

Mining News Pro - MMC Norilsk Nickel PJSC has established an office in Dubai, becoming the largest Russian metals and mining firm to set up in the United Arab Emirates following the Kremlin’s war in Ukraine.

Wednesday, August 23, 2023 - 21:11:47

Visit: 136

Mining News Pro - The CEO of Chilean lithium miner SQM expects prices for the key battery metal to hold steady in the third quarter from the previous one, he said on Thursday, while predicting demand would keep growing.

Thursday, August 17, 2023 - 22:29:42

Visit: 93

Mining News Pro - Automaker Stellantis said it would invest more than $100 million in California’s Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the global hunt for new sources of the electric vehicle battery metal.

Thursday, August 17, 2023 - 22:24:48

Visit: 150

Mining News Pro - The nickel market is at a “turning point” with a wave of supply of the battery metal about to hit the London Metal Exchange and push down prices, according to strategists at Macquarie Group Ltd.

Sunday, July 23, 2023 - 22:27:25

Visit: 140

Mining News Pro - McKinsey & Co. joined the growing chorus warning that metals considered key to the clean-energy transition face shortages in coming years, potentially suppressing the adoption of electric cars, wind turbines and solar panels.

Thursday, July 6, 2023 - 13:55:55

Visit: 245

Mining News Pro - Australian gold miner Newcrest Mining Ltd. is installing filters in the vent shafts at one of its largest mines, after this week being told by authorities to immediately address the “unacceptable” levels of dust being emitted from the site.

Saturday, June 24, 2023 - 00:04:46

Visit: 141

Mining News Pro - The board of Russian mining group Norilsk Nickel has recommended not paying dividends on its 2022 results for the first time in 14 years, citing “negative geopolitics”, but may consider paying interim dividends, the company said on Friday.

Sunday, April 30, 2023 - 00:33:35

Visit: 243

Mining News Pro - First Quantum Minerals’ earnings in the first quarter of the year fell by more than 80% to $75 million from the $385 million recorded in the same period last year after a series of issues affecting the company’s top three operations.

Wednesday, April 26, 2023 - 18:55:55

Visit: 179

Mining News Pro - Gold set a new one-year high on Thursday as more weak US economic readings bolstered bets for a pause in interest rate hikes, with prospects of a mild recession also sending investors scurrying for safe haven.

Friday, April 14, 2023 - 15:32:30

Visit: 130

Mining News Pro - Iron ore price fell on Monday after China’s state planner issued another warning against speculation in the market and fresh production curbs were imposed in major Chinese steel cities.

Monday, March 20, 2023 - 18:21:26

Visit: 105

Mining News Pro - Nucor Corporation (NYSE: NUE) announced today that California Steel Industries, Inc. (CSI) will build a continuous galvanizing line at its mill in Fontana, California.

Tuesday, December 20, 2022 - 11:30:55

Visit: 262

Mining News Pro - At least 10 countries that are members of an international body regulating ocean mining want to pause the practice because of a lack of scientific data on its environmental impact.

Tuesday, November 8, 2022 - 10:07:41

Visit: 380

Mining News Pro - A recent study published in the Journal of Geophysical Research: Solid Earth, presents two novel machine learning techniques to identify new, deeply buried porphyry copper deposits by characterizing magma fertility.

Monday, September 5, 2022 - 14:38:54

Visit: 580

Mining News Pro - Using a global data set of zircon trace elements, new research demonstrates the power of machine learning algorithms to accurately identify and locate porphyry copper deposits.

Wednesday, August 31, 2022 - 09:00:00

Visit: 676

Mining News Pro - Gold has long dominated the Western Australian city of Kalgoorlie, born in a late 19th Century prospecting rush and home to one of the world’s largest open pit mines, nestled right next to residential streets. Blasts to dislodge precious-metal laced rock from the more than two-mile-long Super Pit still frequently rattle the main street.

Tuesday, August 9, 2022 - 14:03:25

Visit: 573

Mining News Pro - Gold Field’s intended acquisition of Canada’s Yamana Gold remains in limbo, though the South African miner has gained backers and says its shareholders are starting to understand the strategy.

Wednesday, August 3, 2022 - 16:24:13

Visit: 415

Mining News Pro - Some investors want Russian gold off their books but it’s not that easy to remove.

Tuesday, August 2, 2022 - 14:00:27

Visit: 568

Mining News Pro - Shares in Canada’s uranium major, Cameco, gained nearly 10% on Wednesday after the company reported higher core profit than expected amid an uptick in uranium prices.

Friday, July 29, 2022 - 14:05:31

Visit: 362