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Tin: prices rebounding but for how much longer?
Tin's roller-coaster ride has come to a halt as the market goes through a period of weak demand and improving supply. Since early May, three-month tin on the London Metal Exchange (LME) has hovered between $23,700 and $26,900/mt. Global stocks are back above 10,000...
Copper: Codelco’s CEO resigns
The CEO of Chilean state mining giant Codelco is resigning after only a year in office, citing personal reasons and 'complexities' in running the world's largest copper producer. Andre Sougarret, a respected engineer who came to prominence for leading the rescue of 33...
Nickel: Panoramic suspends production in Savannah
Mining company Panoramic Resources has suspended ore processing and nickel concentrate production at its Savannah nickel project in Western Australia, while also revising production forecasts. The company said that a crack was discovered in the filter press pressure...
Zinc: Boliden suspends operations at Irish mine, sees setback in Q2
Swedish mining company Boliden said on Tuesday it will suspend production at Europe's largest zinc mine in Ireland and lay off its 650 workers within the next month due to "unsustainable financial losses". The company also said it expects a negative impact of SEK700m...