Iron ore price extends losses on China’s lower steel output
Metal prices dropped further on Friday on weak sentiment amid Beijing’s crackdown on coal prices and lower steel production.
Metal prices dropped further on Friday on weak sentiment amid Beijing’s crackdown on coal prices and lower steel production.
While construction at the QB2 copper project is two-thirds done, costs are poised to be up to 5% higher than the original $5.3bn estimate.
Drilling has returned the highest-grade Cu-Au interval ever intersected at the Kwanika deposit in BC.
Sigma Lithium is advancing among the largest hard-rock lithium deposits in the Americas at its Grota do Cirilo project, applying an environmental, social, and governance (ESG)-centric strategy.
The company reported a net profit of $11.63 billion in the first nine months of this year.
The acquisition of Atlantic Nickel and Mineração Vale Verde from Appian is Sibanye’s fourth battery metal investment this year.
The South African company may soon add to its portfolio the Santa Rita nickel-copper mine and the Serrote copper-gold project.
Coal continues to dominate the world’s total electricity generation mix by a large margin.
Millions of workers at repair shops, gas stations, oil fields and farms could find their jobs affected by an economic dislocation of historic proportions.
There is currently a solid global project pipeline, due to the rise in cobalt prices and the expected demand boom amidst battery manufacturing projects, Fitch writes.