An eye-watering squeeze in copper ore is firing up the bullsAn index of deals compiled by CRU shows the discount for copper ore – known as treatment and refining charges – has fallen to a record low in data going back to 1989.Bloomberg News | April 12, 2024 | 12:05 pm
The big crunch is here as copper decouples from market cycles, Bank of America saysThe tension between demand and supply, coming as capital costs…Henry Lazenby | April 12, 2024 | 8:26 am
Safe-haven demand lifts gold price to $2,400, silver price to 3-year highBloomberg analyst says that investors find gold to be a…Staff Writer | April 12, 2024 | 6:08 am
Panama orders First Quantum’s copper mine closure President Laurentino Cortizo said "the orderly and safe closure of the mine" would begin as soon as top court ruling became official. Cecilia Jamasmie | November 29, 2023 | 11:57 am
Electric car makers can stop worrying so much about lithium Lithium’s price slump over the past year has been as dramatic as its climb — and it’s probably not finished yet. Bloomberg News | November 29, 2023 | 7:54 am
LME triumphs in lawsuit over cancelled nickel trades Hedge fund Elliott Associates and market maker Jane Street Global Trading brought the case after LME cancelled $12 billion in trades in 2022. Reuters | November 29, 2023 | 7:43 am
India launches first part of critical minerals auction worth $5.4 billion India will also announce the acquisition of lithium blocks in Australia and Argentina in a month or two. Reuters | November 29, 2023 | 7:38 am
Deep sea mining company sues Greenpeace amid standoff at sea The Metals Company said the protest was costing it $1 million a day. Bloomberg News | November 28, 2023 | 3:22 pm
Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024 If the Cobre Panama mine was to be permanently shut, then the market could easily move into deficit in 2024, a Macquarie analyst said. Reuters | November 28, 2023 | 10:15 am
Chile mining body says new lithium projects needed beyond SQM, Albemarle The head of one of Chile's top mining associations on Tuesday urged the government to speed up efforts to expand the lithium industry. Reuters | November 28, 2023 | 10:06 am
Iron ore price poised to hit $150 in 2024 on Chinese stimulus, analysts say The price outlook compares with earlier estimates of $130 per ton, and Monday's level of $135 per ton. Reuters | November 28, 2023 | 9:54 am
Tanzania plans new $5.6 billion rail to iron ore, coal-rich area The Mtwara-Mbamba Bay railway with spurs to Mozambique, Zambia and Malawi was first proposed two decades ago. Bloomberg News | November 28, 2023 | 8:22 am