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China Moly’s H1 cobalt production down 24%
China Molybdenum Co., one of the world’s biggest cobalt producers, saw its output of the battery metal fall 24% year-on-year in the first half, according to Reuters calculations based on company filings. China Moly, which operates the Tenke Fungurume mine in the...
Global gold production to grow 2.5% by 2029
A report by Fitch Solutions forecasts that the global gold production will increase from 106moz in 2020 to 133moz by 2029, averaging 2.5% annual growth. According to the report, this result would be an acceleration from the average growth of just 1.2% over...
Lme closed for holidays – Summer Bank Holiday
Lme closed for holidays - Summer Bank Holiday. Trading will resume regularly tomorrow September 1, 2020. You are unauthorized to view this...
Freeport to ease lockdown in bid to end protest at Grasberg
The Indonesian unit of Freeport-McMoran Inc said on Thursday it would ease a lockdown at its Grasberg gold and copper mine after a protest this week by workers angry over not being able to leave the mountain-top mining complex for months. Mining operations have been...