Battery metal binge outweighs cost hikes at PolyMet copper-nickel project in Minnesota

Developing the first phase of the NorthMet open-pit operation about 100 km north of the Lake Superior port of Duluth is forecast at $1.2 billion.

Staff Writer | December 30, 2022 | 10:26 am

Chile copper production down 5.5% in November

The drop in copper output was partly due to lower ore grades and operational problems affecting major companies in the sector.

Reuters | December 30, 2022 | 10:04 am

Coal, gas lead 2022 commodities rally

Industrial metals and iron ore are on track to finish in negative territory.

Reuters | December 30, 2022 | 8:59 am

Global Battery Metals to discontinue nickel-copper exploration in Michigan

The Vancouver-based miner said exploration activities at Sawyer Camp have not generated enough encouragement to justify the continued allocation of budget and effort.

Staff Writer | December 30, 2022 | 8:40 am

China’s metal factories cut production on poor outlook

Factory activity is expected to have extended declines in December, a Reuters poll showed on Friday.

Reuters | December 30, 2022 | 8:29 am

LME ends chaotic year with metal stockpiles perilously low

The London Metal Exchange will enter 2023 with the smallest available warehouse stockpiles in at least 25 years.

Bloomberg News | December 30, 2022 | 8:17 am

Copper Mountain shuts BC mine after ransomware attack

The shutdown is a preventative measure as Copper Mountain assesses the extent of the attack on its systems at the mine and its corporate offices in Vancouver.

Staff Writer | December 30, 2022 | 7:54 am