Tesla announcement surprises cobalt, nickel bulls
Cobalt bulls were dealt another blow this week after reports that the world’s largest electric carmaker is shifting some production of its most popular model away from batteries that contain…
Asia
Editorial: China must ban wildlife trade to prevent new viruses
When the coronavirus that caused Severe Acute Respiratory Syndrome (SARS) became a worldwide health emergency between November 2002 and July 2003, I was the bureau chief for The Far Eastern…
Coronavirus to hit demand for commodities, economists say
Uncertainty over the coronavirus outbreak — which has sickened 43,103 people in 25 countries and left 1,018 people dead (all but two of them in mainland China) — has economists…
Malaysia reverses production ban on bauxite
Malaysia is set to begin issuing bauxite mining licenses in early 2020, four years after it imposed a ban in response to environmental concerns. The Southeast Asian nation produced very…
Update: Chinese GDP estimates decline on coronavirus
Uncertainty over the coronavirus outbreak — which has sickened 37,251 people in 25 countries and left 813 people dead (all but two of them in mainland China) as of Feb….
Iron price falls on coronavirus
Benchmark iron ore prices fell on Jan. 29 as China — responsible for more than 70% of the world’s seaborne iron ore trade — struggles to control the deadly coronavirus…
TSX Venture dips, Jan. 20-24: Abitibi Royalties, New Pacific, Camino, K92
The S&P/TSX Venture Composite Index fell 0.47% to 581.76 and spot gold finished at US$1,571.60 per oz., up US$14.90 per ounce. Abitibi Royalties posted the largest value gain, jumping $1.45…
Lynas faces environmental lawsuit in Malaysia
Australian rare earths miner Lynas (ASX: LYC) said Friday that three individuals in Malaysia had filed a lawsuit challenging the government’s decision to renew the company’s operating licence last year….
Iron price gains as Chinese imports surpass 1 billion tonnes
Benchmark iron ore prices climbed on Tuesday after trade data showed Chinese imports of the steelmaking raw material topped 1 billion tonnes for the third year in a row as…
Editorial: Glencore in the crosshairs
Glencore CEO Ivan Glasenberg said in 2018 that he expected to retire within three or four years. But during an investor day in London on Dec. 3, the South African…
Snapshot 2020: Eight companies making waves in the year ahead
The past year was a time of growth and transformation for many mining and exploration companies. Here’s a list of eight companies with milestones to hit next year. Barrick Gold…
US markets rise, Dec. 9-13: Rio Tinto, Newmont Goldcorp
The Dow Jones Industrial Average rose 0.43% to 28,135.38 and the S&P 500 Index gained 0.73% to 3,168.80. Spot gold climbed US$16 per oz. to finish at US$1,475.70 per ounce….