Page 104 - Min News Today

Communities in Peru's Ayacucho region say they will resume protests against the mining sector if the government of leftist President Pedro Castillo breaches what they call a signed agreement to shutter mines, local leaders told Reuters.

Opposition lawmakers in Peru, including from the party of narrowly defeated right-wing presidential candidate Keiko Fujimori, presented a motion in Congress on Thursday seeking to remove leftist President Pedro Castillo.

The World Platinum Investment Council (WPIC) said on Wednesday the global platinum market would see a much larger surplus this year than it previously forecast and another big oversupply in 2022.

Indonesia may stop tin exports in 2024 as part of efforts to attract investment into the resource processing industry and improve the country's external balance, President Joko Widodo said on Wednesday.

Gold prices edged higher on Wednesday, though the strength in the U.S. dollar and bets that the Federal Reserve could raise interest rates sooner than anticipated kept the safe-haven metal below the key $1,800 mark.

Hundreds of dredging rafts operated by illegal miners have gathered in a gold rush on the Madeira River, a major tributary of the Amazon, floating hundreds of miles as state and federal authorities dispute who is responsible for stopping them.

State-owned Israel Aerospace Industries (IAI) (ISRAI.UL) is likely to sell 25% of the company on the Tel Aviv Stock Exchange in the first half of 2022, its chief executive said on Wednesday.

Democratic Republic of Congo's government said on Wednesday it would push to develop domestic battery manufacturing capacity to add value to its exports of minerals such as cobalt and copper.

Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese fintech company by 15% to below $200 billion due to risks from a restructuring at the Hangzhou-based firm, a source with direct knowledge of the matter said.

Restrictions on scrap metal imports into China, Malaysia and other countries present a golden opportunity for recyclers in India, an industry official said on Wednesday.