Iron ore’s $100 price floor at risk of collapse from jump in supplyA wave of cheap supply starts to build in West Africa.Bloomberg News | July 10, 2024 | 8:26 am
Indonesia considers reopening bauxite exportsIndonesia banned exports of bauxite in mid 2023 to encourage…Reuters | July 10, 2024 | 8:17 am
Czech gold holdings rise as central bank diversifies reservesGold has become increasingly popular in central and eastern Europe.Bloomberg News | July 9, 2024 | 11:30 am
Gold price falls most in two years on jobs data, China buying pause After surging to a record above $2,450 an ounce, bullion has traded in a fairly narrow range amid the uncertainty over the Fed’s rate trajectory. Bloomberg News | June 7, 2024 | 10:02 am
Zambia sees KoBold spending $2.3 billion on giant copper mine The Bill Gates-backed company aims to produce more than 300,000 metric tons per year at Mingomba. Bloomberg News | June 7, 2024 | 7:50 am
China May rare earth exports jump 36% y/y on restocking China accounts for 70% of rare earths mining globally and 90% of refined output. Reuters | June 7, 2024 | 7:28 am
China’s central bank paused gold purchases in May after 18 months of buying The People's Bank of China was the largest official sector buyer of gold in 2023. Reuters | June 7, 2024 | 7:24 am
Codelco targets 2030 start at Maricunga lithium project Construction at the project, dubbed “Paloma”(dove), is expected to start in early 2027, with Codelco's partner to be announced in early 2025. Cecilia Jamasmie | June 7, 2024 | 3:52 am
Government regulation top threat facing British Columbia mining industry — report Regulatory factors need to be addressed as province “primes itself to become one of the most reliable and sustainable suppliers of critical metals in Canada and globally,” says PWC. Staff Writer | June 6, 2024 | 4:57 pm
Opening of new mines boosts Ivory Coast 2023 gold output Gold output has been climbing steadily for several years and is expected to reach 56 metric tons this year. Reuters | June 6, 2024 | 9:29 am
Copper’s spike isn’t justified by fundamentals, Trafigura says Trafigura has long been one of the copper market’s most bullish voices. Bloomberg News | June 6, 2024 | 9:25 am
Global gold ETFs saw first inflows in a year in May, says WGC Higher gold prices and inflows drove total assets under management up 2% to $234 billion, the highest since April 2022. Reuters | June 6, 2024 | 9:06 am