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As the cold weather moves in and temperatures drop, base metals have followed suit, with most dropping in price this week. Nickel took a hit, falling from US$16,585 per tonne on Monday (November 4) to US$16,300 on Thursday (November 7), decreasing by 1.72 percent. Nickel’s pri...
Woodside Petroleum ( OTCPK:WOPEF ) raises its gas resource estimate at its Scarborough project by 52%, increasing hopes the development will help drive the company's growth in the next decade. More news on: Woodside Petroleum Ltd, BHP Group, Woodside Petroleum Ltd, Energy stocks news, ...
Despite the protests that have shook the country to its core, Chilean copper miners have maintained production at a consistent rate even in the wake of walk-offs and attacks. Protests broke out in Chile in early October in response to a 4 percent transit fare increase, which has now become...
The Brazilian government may annul major miner Vale’s (NYSE: VALE ) acquisition of iron ore producer Ferrous Resources if the company does not provide sufficient environmental compliance documents within the next 30 days. Vale purchased Ferrous Resources on August 1 ...
BHP's ( BHP +0.3% ) Australian shareholders vote against a resolution to end the company's membership in industry groups that advocate policies said to counter to Paris climate change treaty targets, backing the board's call as well as the vote taken by BHP investors in London. More ne...
The Samarco mining joint venture between Vale ( VALE +0.1% ) and BHP ( BHP +2.3% ), inactive since 2015 following a fatal tailings dam collapse, is expected to resume talks to restructure $8.7B in defaulted debt in the coming weeks, Reuters reports. More news on: Vale S.A., BHP Group...
This article first appeared in Trend Investing on September 5, 2019; therefore all data is as of that date. Indonesia has declared that they will ban nickel ore exports as of January 1st, 2020 (previously scheduled for 2022). However, on Monday, September 2, 2019, Indonesia’s Ener...
As the price of gold climbs, now may be the perfect time for investors to enter the gold space. Australian market participants may want to turn their attention to their own backyard. Australia is currently the second largest gold-producing country in the world, and its western r...
Antofagasta ( OTC:ANFGF ) says all its mines in Chile are now back in operation following civil unrest in the country but it lowers its production forecast for the year. More news on: Antofagasta plc, BHP Group, Commodities news, Read more ...
This week was a mixed bag for base metals, with some making leaps and bounds while others took a nosedive. Nickel ’s price increased significantly this week, following the news of Indonesia’s nickel export ban taking full effect. On October 31, the metal closed the ma...
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Anglo American (OTCQX:AAUKF) plans to sell some of its legacy assets, notably its diamond business, De Beers, South Africa-based Anglo American Pla...
Anglo American (OTCQX:AAUKF) rebuffed BHP‘s (NYSE:BHP) advances again. What Happened: The London-based mining company rejected the Australian...
Mining leader BHP (NYSE:BHP) has partnered with Ivanhoe Electric (NYSE:IE, )) to explore copper and other critical minerals in the United States. T...