Copper and gold: Barrick restarts Reko Diq project
Barrick Gold has ended a long-standing dispute with Pakistan and will now begin developing one of the world's largest gold and copper mining projects. The Reko Diq project in southwest Pakistan, which hosts one of the world's largest undeveloped copper and gold...
Copper: Southern Copper close to restarting Cuajone mine in Peru
Southern Copper Corp reported on Saturday that it was close to finalising an agreement with a group of communities to revoke a protest that had led its Cuajone mine to suspend operations, pending ratification of the agreement by local community assemblies. The Cuajone...
Aluminium: Australia bans alumina exports to Russia
Australia has imposed an immediate ban on exports of alumina and aluminium ores, including bauxite, to Russia. Russia relies on Australia for almost 20% of its alumina needs. The move will limit Russia's ability to produce aluminium, which is a critical export for...
Steel: POSCO raises prices for Q2 sales of HRC and wire rod
POSCO has begun offering hot-rolled coils (HRC) and wire rod for Q2 (April-June 2022) sales in Japan, with a price increase of JPY10,000/tonne (t) ($84/t). Meanwhile, cold rolled coils (CRC) have not yet been offered, but a similar price increase is expected. Another...
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