Intelligence Top Stories

Trafigura denies knowing that nickel deals with Gupta were fake

One of the world’s largest commodity traders revealed it had lost more than half a billion dollars after buying cargoes of nickel from Gupta’s companies, only to discover that they contained much lower value materials.

Bloomberg News | October 25, 2023 | 2:37 pm

G7 announcement on Russian diamond ban expected by end of month

The G7 held a technical meeting last week to discuss…

Reuters | October 25, 2023 | 10:11 am

Protests continue in Panama against First Quantum’s 20-year deal on Cobre Panama

Since Monday, protests against the contract have led to clashes…

Staff Writer | October 25, 2023 | 9:55 am

International Energy Agency predicts fossil fuel demand decline after 2030

“The ‘Golden Age of Gas’, a term coined by the…

Nelson Bennett - Business in Vancouver | October 24, 2023 | 4:33 pm

Cochilco says large-scale copper mining costs keep growing

The direct cost reached 198.8 cents per pound, a year-on-year…

Reuters | October 24, 2023 | 11:25 am

Column: Tin’s bull flames doused by weak electronic goods demand

Tin may not stay off the radar for too long.

Reuters | March 31, 2023 | 8:12 am

Chinese lithium producers set price floor as demand evaporates – sources

The move would come as prices plunge on a significant slowdown in demand for EVs in China.

Reuters | March 31, 2023 | 7:46 am

Barrick Gold, PNG ink new deal to restart Porgera mine

Through the New Porgera Progress Agreement all parties have committed to resume operations as soon as possible.

Cecilia Jamasmie | March 31, 2023 | 3:43 am

Rio Tinto, First Quantum partner to move La Granja copper project in Peru to development

First Quantum will acquire a 55% stake in the project for $105 million, making it the majority owner.

Staff Writer | March 30, 2023 | 3:11 pm

EU’s Vestager optimistic for battery minerals deal similar to Japan’s

The European Commission Executive Vice President said on Thursday she is optimistic that the trade agreement can soon be reached.

Reuters | March 30, 2023 | 12:29 pm

CHART: Demand is soaring, but global mining is not expanding

Mining companies have to run just to stand still, but expansion capex in the global mining sector as a percentage of profits has halved in a decade.

Frik Els | March 30, 2023 | 10:56 am

Brazil to require electronic tax receipts for buying and selling gold

Currently, gold is sold with paper receipts based on the "good faith" of the seller, making it impossible to trace its origin.

Bruno Venditti | March 30, 2023 | 10:27 am

Mali to review and renegotiate mining contracts

Mali is one of Africa's largest producers of gold, which is its top export.

Reuters | March 30, 2023 | 10:04 am

Peru copper mines aim for output boost in 2023 after protest impact fades

Power data from Peru's private power sector body COES shows activity at Peru's top mines has stabilized since early March.

Reuters | March 30, 2023 | 9:59 am

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