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
Investors relieved BHP walked from $49 billion Anglo takeover deal BHP’s timing was good but the complexity of the deal requiring demergers and a copper price rally made it difficult to execute, investment officer said. Reuters | May 30, 2024 | 11:59 am
Base metals stage rapid retreat as profit taking accelerates Investors are looking to cash in following a blistering rally in industrial metals markets. Bloomberg News | May 30, 2024 | 7:16 am
Buried fortune of old copper wire is worth billions to telcos In the migration to fiber-optic cable, telecommunications companies could recover as much as 800,000 metric tons of copper over the next decade. Bloomberg News | May 30, 2024 | 7:11 am
Billions in African gold smuggled to UAE each year — report Illicit gold trade amounts to $23.7 billion-$35 billion annually based on current market prices, a report by SwissAid shows. Cecilia Jamasmie | May 30, 2024 | 5:42 am
China’s silver imports set to jump as solar demand lifts prices Chinese imports have already been strong in recent months. Bloomberg News | May 29, 2024 | 7:28 am
Copper traders get reprieve as historic New York squeeze eases “With physical markets still tight, further squeezes are possible, so CME may not be out of the woods yet,” said Bank of America. Bloomberg News | May 29, 2024 | 7:11 am
Mongolia defends plan to tap mining riches for new sovereign wealth fund Mining represented 28% of Mongolia’s GDP last year and comprised 92% of all exports. Bloomberg News | May 29, 2024 | 6:58 am
Indonesia buying record amounts of Philippine nickel ore due to quota delays Delays by Jakarta in issuing mining quotas and heavy rains have hurt local supply. Reuters | May 29, 2024 | 6:51 am
China 2024 rare earths quota growth set to slow amid supply glut The quota is likely to reach 270,000 metric tons for all of 2024. Reuters | May 29, 2024 | 6:46 am