US-China tensions boost prospects for Mexico copper smelter plan

Mining News Pro - US-China tensions are boosting the prospects of a Mexican copper smelter project proposed by Southern Copper Corp.

Gold price hits one-month high on rising US-China tensions

Mining News Pro - Gold prices continued to rise on Thursday as geopolitical tensions between the US and China intensified, boosting global demand for the safe haven metal.

Copper price falls as Taiwan tensions spark risk-off selling

Mining News Pro - Copper prices fell on Tuesday, as traders and investors sold risky assets amid escalating China-US tensions.

MMG exploring annuity payouts as Las Bambas tensions continue

Mining News Pro - Chinese miner MMG Ltd is exploring giving annuity-type payments to communities, as opposed to one-time payouts, as part of a strategy revamp following longstanding protests at its massive Las Bambas mine in Peru, executives said on Tuesday.

Centamin shares jump on potential Sukari gold mine extensions

Mining News Pro - Centamin said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit within the concession as well as extensions of the underground orebody.

LME nickel price limps back but tensions are not going away

Mining News Pro - London Metal Exchange (LME) three-month nickel is currently trading at $35,150 per tonne.

Gold price moves past $1,900 as tensions mount in Ukraine

Mining News Pro - Gold prices rose above the key $1,900 an ounce level on Wednesday as tensions continue to mount in Ukraine following reports that several government and bank websites were hit by cyberattacks.

Nickel price hits decade high as Ukraine tensions fuel supply concerns

Mining News Pro - Nickel rose to $25,000 a ton for the first time since 2011, extending a rally driven by dwindling global inventories and concerns that Ukraine tensions could disrupt supplies from key producer Russia.

Oil surges as Ukraine tensions mount and market giants bullish

Mining News Pro - Oil jumped as tensions mounted between Russia and the West over Ukraine, adding to bullish sentiment as leading market participants said they expect global demand to continue its powerful recovery from the pandemic.

Gold price closing in on $1,900 as tensions escalate in Ukraine

Mining News Pro - Gold prices jumped to an eight-month high on Thursday, closing in on the key $1,900 /oz mark, after reports of mortar fire in eastern Ukraine drove investors toward safe haven assets.

Chile tensions over lithium contracts show scope of clean energy task

Mining News Pro - Mounting opposition to new lithium contracts in Chile is the latest indication of just how difficult it will be for the world to churn out the building blocks of the clean-energy transition.

Hochschild shares tank after Peru nixes key mine extensions

Mining News Pro - London-based Hochschild Mining says it will fight what it claims are “illegal” efforts by Peru to close and block extensions of its Pallancata and Inmaculada silver mines on environmental grounds.

Chinese tensions costing billions

Mining News Pro - A new report from the University of Adelaide’s Institute for International Trade (IIT) has found that Australia had lost an estimated $4.9-billion in revenue to the Chinese market between July 2020 and February 2021, as a result of China’s restrictions on Australian goods.

Lithium supply chain threatened by East-West geopolitical tensions

Mining News Pro - Geopolitical risks and the US-China tensions pose threats to the global lithium supply chain, a new report by Fitch Solutions Country Risk & Industry Research states.

Australia-China trade tensions escalate

Mining News Pro - China’s National Development and Reform Commission (NDRC) has suspended economic communications with Australia, emphasising Beijing’s move away from Australian commodities.

Trade tensions rise between China and Australia

Mining News Pro - Advisory firm WoodMackenzie (WoodMac) has warned that the escalation in the geopolitical dispute between China and Australia is likely to have an impact on the resources sector.

US, China trade tensions cause rare earths price surge

Mining News Pro - Heavy rare earth producers are enjoying significant price gains brought about by global trade tensions between the United States and China.

BHP urges Australia to maintain trade with China amid tensions

Mining News Pro - BHP CEO Mike Henry has urged the Australian government to maintain its trade relationships amid tensions with China.

Sedgman scores $166m of contract extensions with QCoal

Mining News Pro - Sedgman has received two contract extensions from QCoal to continue to operate and maintain the processing plants at the Sonoma and Byerwen mines in Queensland.

Gold passes $US1900/oz as US-China tensions escalate

Mining News Pro - Gold’s uphill momentum has persisted for the sixth consecutive week, soaring above $US1900 ($2675) an ounce on Friday last week.

Labor tensions add to copper’s steady drumbeat of supply threats

Mining News Pro - The steady stream of supply news fueling copper’s rally continued on Monday, with one Chilean mine reportedly cutting its workforce and another facing a strike.

Zambia Chamber of Mines says govt tensions with power firm CEC bad for investment

Mining News Pro - Zambia`s attempt to force Copperbelt Energy Corp (CEC) to open up its infrastructure to other power producers has dented the country`s image as an investment destination, the Chamber of Mines said on Friday.

Rising US-China tensions halt copper price rally

Mining News Pro - Industrial metals fell back on Friday as warnings about rising tensions between the world’s two largest economies overshadowed a massive economic stimulus announced by Beijing, the world’s top commodities consumer.

Geopolitical tensions to burnish gold’s allure in 2020

Mining News Pro - Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, metals and mining research and consultancy group Wood Mackenzie said Tuesday.

Copper price unlikely to rebound even if trade tensions subside

Mining News Pro - The copper price is unlikely to rebound in 2020 even if trade tensions between the United States and China subside, the head of Chile mining trade union Sonami said on Tuesday.

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