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Lithium: Sibanye Stillwater plans to spend $616 million on project in Finland
Sibanye Stillwater's board of directors has approved 588 million euros ($616.22 million) in capital expenditures to advance its Keliber lithium project in Finland, seeking a foothold in the European battery metals market. The South African diversified company took...
Copper: workers at Chilean Escondida mine avert strike
Workers at Chile's Escondida mine have accepted a new offer from BHP Group Ltd and will not proceed with a strike that had been planned for Tuesday and Wednesday. Workers represented by Syndicate No. 1 at the Australian company's mine in northern Chile, the world's...
Gold: prices surpass one-week highs on dollar weakness effect
Gold prices rose to a more than one-week high Monday, boosted by a softer U.S. dollar and some demand for safe-haven assets following protests in several Chinese cities over the country's strict limits on COVID-19. Spot gold rose 0.48 percent to $1,759 an ounce (53.98...
Copper: Freeport sets higher charges with Chinese smelters
Mining company Freeport-McMoRan has agreed with Chinese smelters on treatment and refining (TC/RC) charges of $88 per ton and 8.8 cents per pound for the supply of copper concentrate in 2023. The fees, paid by miners to smelters to process ore into refined metal, are...