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Metso and Almalyk MMC sign frame agreement for major copper smelter delivery in Uzbekistan

The frame agreement is a continuation of Metso’s and Almalyk MMC’s contract signed at the end of 2022 for the design and basic engineering work for the copper smelter.

Metso | April 2, 2024 | 12:08 pm

Franco-Nevada backs Scottie with $7 million royalty, share purchase

The company plans to use the proceeds primarily at its Scottie gold project in British Columbia.

Staff Writer | April 2, 2024 | 10:41 am

Green River Gold to begin placer mining on Wabi claims near Quesnel, BC

Green River holds six contiguous placer mining claims straddling the Swift River, which has a significant history of placer mining dating back to the Cariboo gold rush.

Staff Writer | April 2, 2024 | 10:40 am

Tullett Prebon launches battery metals trading desk

Tullett currently trades base metals such as copper, aluminum and zinc listed on the London Metal Exchange.

Reuters | April 2, 2024 | 10:07 am

Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal

Teck has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal.

Reuters | April 2, 2024 | 9:43 am

Senators raise concerns over Nippon Steel’s China ties amid US Steel takeover bid

Democrat Sherrod Brown has urged President Biden to investigate Nippon Steel’s business dealings in China, according to the Financial Times.

Staff Writer | April 2, 2024 | 9:17 am

Lithium trading hits record on CME as funds seize budding market

The drop in lithium prices has flipped the market into a contango, creating opportunities for funds.

Bloomberg News | April 2, 2024 | 8:10 am

Iron ore’s reset to $100 heralds China’s new economy shift

Iron ore’s weakness comes amid tentative signs that the wider economy is beginning to heal.

Bloomberg News | April 2, 2024 | 7:41 am

Shanghai exchange to work on nickel futures internationalization

The Shanghai exchange will look to take advantage of restructuring in the global nickel pricing system, its deputy general manager said.

Reuters | April 2, 2024 | 7:04 am

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