Page 106 - Min News Today

Almost half a tonne of meteorites declared as pyrite ore on import have been seized by authorities in the southern city of Shenzhen, China's customs agency said on Monday.

Shanghai zinc prices jumped 4.6% on Tuesday to their highest in nearly three weeks amid global supply concerns after miner and commodity trader Glencore floated plans to put its zinc sulphide operations in Italy on hold for maintenance.

Rising prices of commodities needed for renewable energy will increase the costs of setting up new green power projects, but this will be balanced by better access to funds and economies of scale, policy advisers and an investor said.

A Western Australian Indigenous group is in talks with Woodside Petroleum over obtaining a stake in its $12 billion Scarborough and Pluto LNG expansion to help secure the future of the local traditional owners, a senior Indigenous official told Reuters.

Employees at Tesla's huge new factory near Berlin will elect a works council to represent their interests, a German trade union said on Tuesday.

Swedish activist fund Cevian has nearly halved its stake in Thyssenkrupp , it said on Tuesday, paring back its holding at a loss after a far-reaching overhaul it had long demanded arrived too late.

Thousands of miners halted work at Bosnia's seven coal mines on Tuesday in support of colleagues protesting in Sarajevo against what they said were government violations of work and pay regulations.

Mexico announced the temporary reinstatement of 15% import tariffs on some types of steel to begin in the next year, aimed at boosting the industry after a slump brought on by the coronavirus pandemic.

Shares of Hochschild Mining were down around 8% on Tuesday, after collapsing 27% a day earlier after Peru's government indicated that it would not approve operational extensions for its flagship Inmaculada silver mine.

Brazilian miner Vale has restarted the process of acquiring environmental licenses for its Apolo iron ore project in the state of Minas Gerais following a major revision of the original plan, the company said in a presentation on Tuesday.