Mining News
- Centerra ups the ante as it accuses Kyrgyzstan of high-grading Kumtor September 27, 2021Canadian gold miner seeks ‘urgent interim measures’ to address critical Kumtor operational and safety problems.
- Cordoba raises $11.8m for Alacran PFS September 27, 2021The Alacran deposit is part of the San Matias development.
- Kirkland Lake Gold shares up over 8% on M&A rumour September 27, 2021A single report drives Kirkland Lake Gold sale speculation.
- Iamgold pledges net negative GHG emissions by 2050 September 27, 2021By the end of 2022, Iamgold will complete an external verification of its emissions reporting.
- Greenland-focused Greenroc Mining IPOs on the AIM September 27, 2021GreenRoc issues 111.2 million shares at 10p each and expects a market capitalization of £11.1 million upon AIM admission.
- Dynasty Gold exercises option on Teck’s Thundercloud project September 27, 2021Potential discoveries for Thundercloud include bulk-tonnage orogenic gold mineralization or high-grade deposits.
- Appian Capital in talks to sell Atlantic Nickel for $1bn September 27, 2021Teck Resources has been cited as one of the likely buyers for the Santa Rita open pit nickel-cobalt mine.
- Iron ore price up despite Chinese power curbs September 27, 2021China’s massive industrial base has been wrestling with sporadic jumps in power prices and usage curbs since March.
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Metal news
- This Morning in Metals: Rio Tinto, BC Works union reach agreement in principle September 27, 2021This morning in metals news: Rio Tinto said it had reached an agreement with the union representing workers at its BC Works; the Census Bureau reported new orders for manufactured durable goods... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Automakers see 2022 steel price contract negotiations looking brutal September 27, 2021Just over a year ago, MetalMiner commented on the acquisition of most of ArcelorMittal USA’s assets by Cleveland-Cliffs (including potential impacts on steel prices). At the time, the MetalMiner... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- US steel imports dip in August; steel prices continue gains September 27, 2021U.S. steel imports totaled an estimated 2.5 million metric tons in August, the Census Bureau reported Friday, as U.S. steel prices continue to post gains. The August total marked a decline from 2.7... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Week in Review: China’s property market and steel prices; Alcoa to restart aluminum smelter; Ford to collaborate on battery supply chain September 24, 2021Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Cut-to-length adders. Width and gauge adders. Coatings. Feel... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: Mercedes-Benz, Stellantis take stakes in battery cell manufacturer September 24, 2021This morning in metals news: Mercedes-Benz, Stellantis and TotalEnergies will each take a 33% stake in Automotive Cells Company; meanwhile, the Semiconductor Industry Association offered its reaction... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Single-family housing starts slump in August September 23, 2021U.S. housing starts overall picked up in August, the Census Bureau reported this month. Request a 30-minute demo of the MetalMiner Insights platform now. Housing starts overall rise, but... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: Alcoa announces restart of aluminum smelter idled since 2015 September 23, 2021This morning in metals news: Alcoa said it plans to restart its Alumar aluminum smelter in Brazil; meanwhile, the Energy Information Administration forecasts hydropower generation will fall by 14%... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Evergrande crisis — and China’s property market in general — could have significant impact on metals prices September 23, 2021Anyone following the financial papers cannot have failed to read lurid reports regarding China’s Evergrande construction company, which appears on the brink of collapse. Volatility is the name of the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- US steel capacity utilization dips to 84.9% September 22, 2021The U.S. steel capacity utilization rate fell slightly but remained at a healthy 84.9% for the week ending Sept. 18, the American Iron and Steel Institute reported this week. Volatility is the name... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: Ford, Redwood to collaborate on closed-loop battery recycling, supply chain September 22, 2021This morning in metals news: Ford Motor Co. is collaborating with Redwood Materials on a closed-loop battery recycling and building out the domestic electric vehicle battery supply chain; Norway will... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]