China stainless steel mogul fights to avoid a second collapseA debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.Bloomberg News | July 16, 2024 | 5:37 pm
Zijin Mining to take 9.9% stake in Montage GoldAs part of the deal, the Lundin Family Trust also…Reuters | July 16, 2024 | 8:30 am
Ganfeng Lithium plans to build $1.1 billion trading deskDerivatives will be used to lower the risks of cross-border…Bloomberg News | July 16, 2024 | 7:04 am
China’s top coking coal miner calls on state to control supply Beijing should control mining activity, limit output and consolidate smaller producers into state-owned firms to “reduce disorderly competition,” Shanxi Coking Coal Energy Group Chairman Zhao Jianze said. Bloomberg News | March 6, 2024 | 3:35 am
Chinese money can’t be solution for cash-strapped Canadian miners, minister says Chinese investors will all have to go through a national security review, Natural Resources Minister Jonathan Wilkinson said Tuesday. Bloomberg News | March 5, 2024 | 1:40 pm
SRG Mining scraps $12.5m deal with China’s C-ONE as Canada tightens scrutiny C-ONE last year signed a C$16.9 million deal for a 19.4% stake in SRG. Reuters | March 5, 2024 | 10:08 am
Gold price sets new record on Fed pivot, geopolitical risks On Tuesday, spot gold rose as much as 1.3% to hit a new record of $2,141.60 per ounce. Staff Writer | March 5, 2024 | 9:11 am
China’s copper processing fees could recover from 2nd quarter, analysts say The falling charges have threatened to cut output in the world's top producer of refined copper. Reuters | March 5, 2024 | 7:35 am
Ganfeng Lithium plans to buy 15% stake in Pastos Grandes project The deal would give Ganfeng more access to resources in Argentina. Reuters | March 5, 2024 | 7:27 am
Indonesia and China killed the nickel market Cheap Indonesian nickel, controlled by China and dumped on the market, has collapsed nickel prices and forced global mine closures. Rick Mills - Ahead of the Herd | March 4, 2024 | 2:03 pm
Huayou Cobalt chief proposes battery material policy to tackle overcapacity China's LFP capacity will reach 5.75 million metric tons in 2025, while global demand is estimated to be about 2.67 million tons that year. Reuters | March 4, 2024 | 6:46 am
AI, 5.5G networks to take mines to new “smart” level The sector has embarked on a quest to transform operations by integrating connectivity, automation and artificial intelligence. Cecilia Jamasmie | March 4, 2024 | 5:21 am