WebNews
Please enter a web search for web results.
NewsWeb
Chile's copper output and manufacturing production fall in March
20+ hour, 8+ min ago (118+ words) Copper output in Chile fell 9. 04% year-on-year in March while manufacturing production in the Andean nation declined 4. 5%, statistics agency INE said on Thursday. Chile, the world's top producer of the red metal, saw its copper output sank to 434, 314 metric tons from…...
Argentina court lifts suspension on Vicuna copper project
1+ day, 18+ hour ago (311+ words) A court in Argentina's San Juan province on Tuesday allowed the Vicuna copper project, operated by Australia's BHP and Canada's Lundin Mining, to continue operating after a judge in neighboring La Rioja ordered a temporary suspension. Vicuna is among the…...
Malawi sells domestic gold reserves to cover rising fuel costs
2+ day, 21+ hour ago (276+ words) (Kitco News) - The ongoing war in Iran and the resulting global energy crisis continues to force central banks to monetize their gold reserves. On Friday, the Reserve Bank of Malawi said that it sold 590 kilograms of gold, more than half…...
US firm in key Congo minerals deal overstated its mining experience, documents show
1+ week, 1+ day ago (1020+ words) A US firm central to the Trump administration's push to secure critical minerals from Congo overstated its mining experience, Reuters has found. Virtus, which "bought Chemaf's mines in March for $30 million from the miner's shareholders, stated on its website that…...
Iron ore price up despite China-BHP dispute resolution
1+ week, 1+ day ago (312+ words) Iron ore prices ticked up on Wednesday, as a flurry of pre-holiday restocking by Chinese steelmakers countered concerns of rising supply following the resolution of a months-long contract dispute between BHP Group and China. BHP, the world's third-largest iron ore…...
Gold price stuck in range: What breaks it out?
1+ week, 2+ day ago (309+ words) KITCO Gold price stuck in range: What breaks it out? CPM Group is a commodities research, consulting, financialadvisory and commodities management firm providing independent research, analysis and advisory services related to commodities markets, corporate andproject finance, and the financial management…...
Iron ore price extends gains as Chinese steel mills restock
1+ week, 2+ day ago (302+ words) Dalian iron ore futures extended gains on Tuesday, as Chinese steel mills procured feedstock ahead of the May Day holiday and fuel shortages in major exporters Australia and Brazil raised concerns about supply disruptions. The most-traded September iron ore contract…...
Agnico Eagle moves to consolidate Finland's gold district in nearly C$4 B deal
1+ week, 4+ day ago (231+ words) KITCO Agnico Eagle moves to consolidate Finland's gold district in nearly C$4 B deal Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is…...
Gold doing its job: LBMA's Crowell makes case for HQLA status
2+ week, 1+ day ago (231+ words) KITCO Gold doing its job: LBMA's Crowell makes case for HQLA status Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help…...
Indonesia nickel smelter group says new ore pricing formula would hurt industry
2+ week, 1+ day ago (197+ words) Indonesia's nickel smelters group, FINI, said on Wednesday that a new formula to calculate nickel ore price will pile more pressure on the sector, which is already struggling to cope with rising production costs. A new nickel ore pricing formula,…...