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LME ($US) 3-month closing prices, Mar 19 –
Copper 8,612.00
Aluminium 2,276.35
Zinc 2,933.00
Nickel 23,580.00
Lead 2,089.00
Tin 22,700.00
NASDAQ ($US) closing prices, Mar 17 –
Palladium 1,386.10
Platinum 980.90
Copper 3.8925
Silver 22.462
Gold 1,990.20
NYMEX ($US) 62% Fe CFR China, market close, Mar 17 –
Iron ore 130.00
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Mar 20: Azerbaijan, Kyrgyzstan, Tajikistan, Uzbekistan (Persian New Year)
Mar 20: Colombia (Saint Joseph’s Day)
Mar 20: Iran (Oil Nationalisation Day)
Mar 20: Mexico (Benito Juarez’s Birthday Memorial)
Mar 20: Tunisia (Independence Day)
Mar 21: Japan (Spring Equinox)
Mar 21: Namibia (Independence Day)
Mar 21: South Africa (Human Rights Day)
Mar 21: Syria (Mothers Day)
Mar 21-23: Observing Countries (Nowruz/Persian New Year...
Canadian miner Minto Metals is exploring alternative logistical solutions after redevelopment work and the value of tourist dollars have cut its access to Skagway port for shipping copper-gold concentrate produced by its Minto mine in the Yukon.
Minto mine production has been trucked across the US border to the Alaskan port since 2008. With a major redevelopment under way, the local authorities have closed the ore terminal while...
The death toll from a series of subterranean methane gas explosions in a network of coal mining tunnels in Colombia has risen to 21, with rescue teams continuing to search for more victims.
The explosions in a rural area about 75km N of Bogota late on March 14 spread through several adjoining mines and their ventilation systems, Reuters reports.
The prospect of a lengthy shutdown of its Century zinc mine due to intense rainstorms has forced Australian miner New Century Resources to turn to its now-controlling shareholder Sibanye-Stillwater for up to $A30M in short-term support.
The hydraulic mining operation at Lawn Hill in NW Qld has been confined to essential safety and maintenance activities for over a week due to site conditions and blocked access roads....
Six years after the anti-mining policies of the former government forced its closure, Australian-based miner Kingsgate Consolidated has gained departmental approval to reopen the large-scale Chatree openpit gold mine in central Thailand.
Chatree produced more than 1.8Moz gold and 10Moz silver since commercial operations began in Nov 2001.
Kingsgate announced updated ore reserves of 1.3Moz gold and 12.2Moz silver at Chatree last...
Graphite developer Volt Resources will push forward with development funding talks for its Bunyu project in Tanzania after signing a binding offtake agreement for 10,000tpa fine natural flake product over an initial 5 years with major spherical graphite producer Graphex Group.
After formalising the Graphex agreement, which can be extended for a further 5 years, CEO Prashant Chintawar says Volt is also progressing...
South Australian developer Hillgrove Resources has engaged specialised contractors to commence early works including geotechnical remediation of the pit walls, haul road preparation and pit dewatering to start underground development of its 100%-owned Kanmantoo copper-gold project in the Adelaide Hills.
The $A25M capital development 55km SE of Adelaide is targeted at producing 43,500t Cu and 11,5000oz Au at AISC of $8,051/t Cu over its...
World top 5 zinc producer Nexa Resources has suspended production at its 83.48%-owned Cerro Lindo zinc-copper-lead-silver-gold mine in Peru after heavy rainfall and river breaches resulting from cyclone Yaku caused partial flooding of its underground workings.
Nexa says its pumps could not prevent flooding in some lower levels of the mine. Road access to the site 270km SE of Lima has also been affected.
The company aims to resume...
Company - Nexa Resources SA
Global zinc mining and smelting company headquartered in Luxembourg with six mines and three refineries in Brazil and Peru. An investee company of Brazilian investor Votorantim