Livent on Tuesday forecast a drop in Chinese lithium sales for the year because of uncertainty about the country’s electric vehicle subsidies, a worrisome sign for other producers of the key battery component.
The Philadelphia-based company, among the…
Livent’s lithium woes in China cloud industry outlook Read More »
A group of international non-governmental organisations on Tuesday demanded that Brazilian miner Vale be excluded from the United Nations’ corporate responsibility pact, after a mining dam burst that killed an estimated 300 people.
A letter signed by …
NGOs push to expel Brazil miner Vale from UN pact over dam disaster Read More »
Cobalt’s near year-long price slide is finally coming to an end, but high inventories of the battery metal will stop prices quickly re-claiming 2018’s 10-year highs.
London Metal Exchange prices have crashed to two-year lows of $32 000/t compared with…
Cobalt’s price crash bottoming out, stocks to hinder quick rally Read More »
Southern Copper Corp said on Monday that a key plant it uses to produce copper in Peru would not fully restart for another three to five days while work is done on its tailings and railway infrastructure following heavy rains.
Peru’s environmental reg…
Southern Copper says Peru plant to be partially suspended 3 to 5 days Read More »
Russia’s central bank will pay less than an industry benchmark for gold that it buys on the domestic market, it said on Monday.
The central bank said that from May 1 it would add a discount to a purchase price currently based on the daily London Bulli…
Russia’s central bank to pay less for domestic gold from May Read More »
Greenland could start to export sand in a rare positive spinoff from global warming that is melting the island’s vast ice sheet and washing large amounts of sediment into the sea, scientists said on Monday.
Mining of sand and gravel, widely used in th…
As ice melts, Greenland could become big sand exporter – study Read More »
Russia’s largest gold producer, Polyus, on Monday reported a 20% jump in fourth-quarter adjusted net profit to $291-million compared with last year, lifted by increased production and rising sales of the metal.
Adjusted net profit for the full year ro…
Polyus reports jump in profit on rising gold sales Read More »
China iron-ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country’s second-largest ore supplier, may decline after a fatal dam accident at a Vale mine.
The most-ac…
China iron-ore rises to record on concerns over Brazilian supply Read More »
Chilean State miner Codelco said on Saturday it hoped to soon restart operations at its northern Chuquicamata copper mine a day after heavy rains forced its suspension.
Codelco said operations at its smaller Ministro Hales mine restarted late on Frida…
Codelco plans to resume Chuquicamata mine operations after rains Read More »
Peru’s environmental watchdog said on Sunday it was investigating a tailings spill from a unit of Southern Copper Corp, one of the world’s largest copper producers, into a river in an area that has been inundated by heavy rains.
The Agency of Evaluati…
Peru’s environmental watchdog reports tailings spill from Southern Copper mine Read More »
