Copper price rises on growing optimism for an end to Fed’s rate hikes Investors have been adding to bets that the Fed’s tightening cycle has ended after a series of US data points showed the world’s biggest economy is slowing. Staff Writer | November 20, 2023 | 10:12 am
Coeur fills ‘strategic gap’ at Palmarejo complex with purchase of Fresnillo concessions Once complete, Coeur's landholdings outside the gold stream-encumbered areas will increase by nearly 20%. Staff Writer | November 20, 2023 | 9:27 am
Column: Indonesia’s American EV dreams shunted into the slow lane Chinese companies have been the drivers of Indonesia's ascent to the world's top nickel producer. Reuters | November 20, 2023 | 8:50 am
Canada’s support for EV battery plants to cost 16% more than announced, watchdog finds The total cost of government support for three projects is estimated to be C$43.6 billion over ten years. Reuters | November 20, 2023 | 8:26 am
Rio Tinto to pay $28 million fine to settle US SEC fraud case The defendants had been accused of deceiving investors about the value of Rio Tinto Coal Mozambique. Reuters | November 20, 2023 | 8:19 am
BHP train drivers to start ‘restrained’ industrial action on Friday Worries about a strike had lent support to iron ore prices, which are trading at the highest levels since February. Reuters | November 20, 2023 | 8:10 am
Kremlin, facing diamond ban, says EU sanctions have ‘boomerang effect’ EU diplomatic sources said last week the proposal under discussion was to ban direct diamond imports from Russia from Jan. 1. Reuters | November 20, 2023 | 8:04 am
Union set to strike at Peru’s Las Bambas copper mine next week The workers union said the strike would last 48 hours with the union demanding a better distribution of profits for workers. Reuters | November 20, 2023 | 7:57 am
Franco-Nevada cuts guidance on Cobre Panama mine woes The Canadian firm has a streaming deal with First Quantum’s local unit Minera Panama covering the giant Cobre Panama copper mine. Cecilia Jamasmie | November 20, 2023 | 7:17 am