Ferrexpo owner Zhevago steps down from board after arrest Zhevago was arrested last week for allegedly embezzling and money-laundering linked to the disappearance of $113 million from his former bank. Cecilia Jamasmie | January 3, 2023 | 3:47 am
Panama president says final contract to First Quantum has been presented President Laurentino Cortizo said on Monday the government has presented a final contract to regulate operations. Reuters | January 2, 2023 | 9:31 am
Shareholders at Russia’s NLMK vote against nine-month dividend payout Like many other Russian commodities companies, NLMK had scrapped its dividend plans earlier in 2022. Reuters | January 2, 2023 | 2:59 am
Panama rejects First Quantum’s legal bid to avoid halting operations First Quantum had notified the country about two arbitration proceedings days after the order to halt operations. Reuters | January 2, 2023 | 2:54 am
Supreme dollar rules the roost in gold market The US currency's climb to 20-year peaks this year eroded demand for dollar-priced bullion. Reuters | December 30, 2022 | 9:36 pm
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
China’s covid U-turn lifts iron ore after wild swings in 2022 The most-traded May iron ore on China's Dalian Commodity Exchange, DCIOcv1, ended the session up 2.8% at $124.14 a tonne. Reuters | December 30, 2022 | 10:21 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
Platinum price on pace for 20% quarterly gain, biggest since 2008 According to Reuters data, platinum is by far the best-performing precious metal in 2022. Staff Writer | December 30, 2022 | 9:37 am