METALS

Sherritt International, whose executives were once known as Fidel Castro’s favourite capitalists, proposed an out-of-court recovery plan that includes a reduction of 50% in the value of its bonds.

The Canadian miner, which has significant assets in Cu…

The community of Chilloroya has formally approved a surface rights agreement with TSX- and NYSE-listed miner Hudbay for the Pampacancha satellite deposit, located near the Constancia mine, in Peru, paving the way for mining to commence from the deposit…

Fitch Solutions Country Risk and Industry Research, a unit of Fitch Group, has published its ‘Outlook for Metals’ report, which maintains its core view for metal prices to head slightly higher this year in general compared with 2019. It expects to see …

The Trump administration imposed new sanctions on Iran on Friday, including penalties on the Islamic Republic’s metals and some senior leaders, following Tehran’s attack on US military bases.

The sanctions target steel, aluminum, copper and iron, as w…

France’s Eramet on Friday lowered its guidance for second-half profit blaming a sharp fall in prices for nickel and manganese, the miner’s two main products.

Eramet now expected earnings before interest, tax, depreciation and amortisation (Ebitda) for…

Dual-listed Jubilee Metals Group says there continues to be interest from small to medium-sized mining operators that are keen to have their copper material refined at Jubilee’s Sable Refinery, in Zambia. This aligns well with the AltX- and Aim-listed …

Nyrstar has restarted production at its Port Pirie lead smelter in Australia, the Belgian-headquartered metals and mining company said on Thursday.

The smelter halted output on May 28 due to an unplanned outage at the blast furnace.

The backdrop for miners is ready to brighten in the second half of this year. They just need a resolution of the trade war between the US and China to light a fire under their stocks. Metal prices and mining equities have been at the mercy of trade hea…

Palladium and tin are both entering into periods of constrained supply, attendees of the Junior Mining Indaba – hosted at the Country Club Johannesburg in Auckland Park – were told on Wednesday. In his presentation, titled ‘We need more palladium’, Iva…

Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said on Saturday, a day after the United States agreed to lift tariffs on Canadian steel and aluminum.

US President Donald Trump had imposed the g…