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

World-beating mining stock turns big loser thanks to China slump

Iron ore behemoth Fortescue is tipped for the greatest earnings slowdown over the next year compared with peers.

Bloomberg News | March 3, 2024 | 2:58 pm

Solar power becomes coal’s greatest competitor in Asia-Pacific – report

A Wood Mackenzie report shows that the cost of electricity generated from renewable sources reached an all-time low in 2023 in the Asia-Pacific region.

Staff Writer | March 3, 2024 | 4:40 am

First

Last

The big lithium short gets ‘dangerous’ on lower supply outlook

Copper price soars to 7-month high on China’s plans to cut output

China’s copper smelters vow capacity controls after fees plunge

China’s top copper smelters agree on rare joint production cuts

One metal’s slump shows China’s new economy is in favor

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