Intelligence Top Stories

Rich Asian investors are hot on gold, offsetting jewelry slump

In the April to June period, purchases in the difficult-to-track OTC market totaled 329.2 metric tons, WGC says.

Bloomberg News | July 30, 2024 | 10:08 am

Funds cut copper bets by $20 billion as bull trade unravels

Mounting worries about Chinese demand are helping to spark a…

Bloomberg News | July 30, 2024 | 7:08 am

Saudis see Codelco as good option for lithium partnership

Codelco is navigating one of the most challenging periods in…

Bloomberg News | July 29, 2024 | 3:09 pm

Uranium contract prices soar on uncertain supply, AI-led power demand

Term prices are now around $79 per pound, the highest…

Reuters | July 29, 2024 | 9:53 am

The future of deep sea mining hinges on a contentious election

International Seabed Authority head incumbent Michael Lodge faces Leticia Carvalho,…

Bloomberg News | July 29, 2024 | 8:31 am

US miners push Washington to revive long-dormant Bureau of Mines

The push to resuscitate it and add new responsibilities would, supporters argue, allow Washington to craft a unified critical minerals policy.

Reuters | July 5, 2024 | 10:45 am

Copper price surpasses $10,000, expected to rise further, says Citigroup

Longer term, the metal has a chance to reach $12,000 due to the onset of rate cuts.

Staff Writer | July 5, 2024 | 8:27 am

Key China copper premium climbs above zero as orders pick up

Copper’s surge to a record on wave of speculative money has run out of steam in recent months.

Bloomberg News | July 5, 2024 | 7:30 am

Canada sets high bar for approving large M&A deals in critical minerals

Some of the country's largest mining companies are copper producers, which means any foreign investment involving those miners would face intense scrutiny.

Reuters | July 4, 2024 | 5:39 pm

Gold, copper equities to rise, metals flat: analysts

Investors are moving into gold equities from bullion, and the gold price may increase while central banks increase purchases as the US election approaches, BMO analysts said.

Colin McClelland - The Northern Miner | July 4, 2024 | 7:51 am

Column: Tin outperforms as broader base metals rally falters

LME tin, trading around $33,250 per ton, is up by 31% on the start of the year.

Reuters | July 4, 2024 | 7:37 am

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

Cecilia Jamasmie | July 4, 2024 | 5:57 am

India’s Jammu and Kashmir lithium block gets no bids in second attempt

The government in February 2023 found its first lithium deposits in Jammu and Kashmir with estimated reserves of 5.9 million metric tons.

Reuters | July 3, 2024 | 10:04 am

UAE’S IHC unit withdraws offer for Vedanta’s Zambian copper mines over price

International Resources Holding had wanted a majority stake in Konkola Copper Mines to consolidate its position in Zambia after buying a 51% stake in Mopani.

Reuters | July 3, 2024 | 8:16 am

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