Nornickel examining impact of latest US sanctions The US imposed sanctions on several Nornickel subsidiaries as well as on the Bystrinsky copper and gold project. Reuters | August 26, 2024 | 6:54 am
Congo wants Trafigura partner Chemaf’s deal with Norinco halted Chemaf put itself up for sale last year due to a cash crunch that was stalling the expansion of its Etoile and Mutoshi projects. Reuters | August 26, 2024 | 6:50 am
Global refined copper surplus swells in first half of 2024 — report New data from the ICSG indicated a preliminary surplus of about 488,000 tonnes, which is significantly higher than the 115,000 tonnes for H1 2023. Staff Writer | August 25, 2024 | 8:35 am
Scramble for critical minerals spurs an African rail revival From Angola on the continent’s west coast to Tanzanian on the east, governments and investors are readying to revive decades-old rail lines that have fallen into disrepair. Bloomberg News | August 24, 2024 | 3:58 pm
Lundin copper miners accept new offer, ending Chile strike A breakthrough would enable a resumption of normal operations at a mine that churned out 137,100 tons last year. Bloomberg News | August 24, 2024 | 3:58 pm
Train turmoil unresolved in Canada as new labour action looms Canada's rail disruption that Ottawa ordered to binding arbitration has new wheels a day later. Henry Lazenby - The Northern Miner | August 23, 2024 | 10:12 am
BHP’s return to Argentina marks new hope for untapped copper mines A new incentive regime for mining in Argentina is attracting major players. Reuters | August 23, 2024 | 7:50 am
Gold Fields slumps after cutting output target for second time Gold Fields' profit slumped to $320.7 million in the first half of this year, compared with about $458 million last year. Bloomberg News | August 23, 2024 | 7:40 am
Societe Generale leaves London Metal Exchange’s open-outcry trading floor The SocGen move leaves seven members operating in the LME ring, down from about 30 at its peak in the late 1980s. Reuters | August 23, 2024 | 7:36 am
