Zijin Mining sees increasing threats to M&A ambitions
Zijin has already slowed acquisitions due to higher project valuations and geopolitical tensions.
Latest Stories
China’s gold demand expected to rebound as economic jitters spur buying
A revival of demand in the world's top consumer of the precious metal could further support the rally in global gold prices.
Harmony Gold sees profit surge as prices rally
Harmony Gold said on Monday it will report an increase in profit of at least 64%.
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.
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.
Canada to hit China with tariffs on electric vehicles, steel
The government announced a 100% levy on electric cars and 25% on steel and aluminum.
Iron ore price rebounds past $100 after Chinese stockpiles shrink
A tentative sign that a period of severe oversupply is starting to ease.
Pilbara Minerals’ annual profit falls on weaker lithium prices
The lithium miner posted underlying profit after tax of A$318 million for fiscal 2024.
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.
