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New mining permits boost Peru’s coffers
Following the approval of several mining permits that had been pending, in some cases for years, Peru's coffers have received $600 K. According to a release from EESI (Specialized Investment Monitoring Team), an agency of the Ministry of Economy and Finance, Teck...
Aluminum: LME prices rise as premium falls in Midwest
Although aluminum prices have begun to rebound in the short term, they have not yet broken through the directional ranges that would signal the start of a new trend. In fact, prices continue to create an uncertain environment for the aluminum market due to a lack of...
Aluminium: Rio Tinto calculates production costs for the green model
Rio Tinto is discovering how difficult it is to produce low-carbon aluminium. In its second quarter results, the company reported a $1.175 billion write-down of its two Australian alumina refineries. This was partly due to what Rio Tinto called 'difficult market...
Tin: prices rebound thanks to Myanmar mining ban
Tin prices rebounded Thursday following the mining ban in Myanmar, the world's third-largest tin miner, but most other industrial metals fell due to the strong dollar and concerns about global demand. Three-month tin surged 3.8 percent on the London Metal Exchange...