Newmont hands $70 million to Peñasquito mine workers

The uncapped profit-sharing bonus of up to 10% supports the continued operation of Peñasquito, Newmont said.

Cecilia Jamasmie | July 5, 2022 | 6:15 am

Earth’s mineral diversity 75% greater than previously thought

Two papers published in American Mineralogist and sponsored in part by NASA help reconstruct the history of life on earth and guide the search for new minerals and ore deposits.

Staff Writer | July 5, 2022 | 6:06 am

Hecla Mining acquires Alexco Resource

Hecla Mining will buy all shares of Canadian Alexco Resource it doesn't already own, at 47 cents each share.

Cecilia Jamasmie | July 5, 2022 | 3:43 am

Metals melt down as recession fears overwhelm supply woes

Industrial metals have gone from boom to bust in the space of only three months, writes Andy Home.

Reuters | July 4, 2022 | 1:07 pm

Nevada Copper arranges $70m loan to maintain Pumpkin Hollow underground mine operations

Pumpkin Hollow was the first copper mine to come online in the US over the past decade.

Staff Writer | July 4, 2022 | 12:36 pm

Banks step up trade finance in global commodities boom

Commodity trading houses have seen earnings climb as they capitalize on wild swings in prices and arbitrage opportunities.

Bloomberg News | July 4, 2022 | 12:06 pm

Phoenix Copper launches novel bond linked to copper price

Phoenix is raising cash to revive production at the Empire copper mine in Idaho.

Reuters | July 4, 2022 | 11:41 am

Aluminum ‘on steroids’ may be copper’s next competitor

PNNL researchers are working to increase the conductivity of aluminum, making it economically competitive with copper.

Staff Writer | July 3, 2022 | 6:39 am

Commodities hit July storm with Putin and Powell stirring fear

Energy crises and central bank moves to crush inflation present powerful headwinds across markets, underscored by copper’s collapse Friday below $8,000 a ton.

Bloomberg News | July 2, 2022 | 1:46 pm

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World Gold Council: What drives the shiny metal’s price?

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