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Kinross in discussions to sell Russian mines
Canada's Kinross Gold Corp has entered into exclusive negotiations with an unidentified third-party mining company after receiving several proposals to sell all of its Russian assets. As part of the exclusivity agreement, Kinross' Russian subsidiaries will continue to...
Iron ore: Fortescue keeps positive outlook
Leading iron ore producer Fortescue Metals is optimistic about the outlook for iron ore prices. Fortescue chief operating officer Dino Otrano told delegates at the Global Iron Ore and Steel Forecast conference, in Perth, that global market conditions continue to...
Copper: Antofagasta forecasts high prices for the next 12 months
According to Antofagasta CEO Ivan Arriagada, the copper market has solid fundamentals despite the current market volatility and will maintain high prices for at least the next 12 months. During the CRU-CESCO World Copper Conference in Santiago, Arriagada also reported...
Aluminium: an overview of the Chinese market
The continued decline in China's primary aluminium stockpiles due to a recovery in demand, coupled with the slow recovery of new capacity for the new COVID19 outbreak, pushed up the price of A00 aluminium ingots by RMB 90 per tonne to RMB 22,990 per tonne on Tuesday,...