Intelligence Top Stories

Portugal’s mining strategy may favour copper over lithium

Portugal already has the largest copper mine in the European Union, operated by Lundin Mining.

Reuters | July 15, 2024 | 8:41 am

Seabed mining regulator meets amid mounting pressure for code

Meeting is considered pivotal for the UN body, expected to…

Cecilia Jamasmie | July 15, 2024 | 4:05 am

Vehicle electrification requires 55% more copper mines by 2050 — study

To reach net zero by 2050 would require at least…

Staff Writer | July 14, 2024 | 9:07 am

Indonesian onslaught wipes out Australia’s nickel industry

BHP’s Nickel West suspension could mark the death knell for…

Kristie Batten | July 14, 2024 | 8:59 am

Column: After another boom and bust, where next for lithium?

There was a similar boom-bust cycle in 2016-2017 but the…

Reuters | July 14, 2024 | 8:35 am

Gold purchases by central banks were strong in April despite high prices, WGC says

Demand from global central banks for gold has been elevated for two years as they diversify their foreign currency reserves.

Reuters | June 4, 2024 | 8:51 am

South Korean, African leaders pledge deeper ties, critical mineral development

South Korea is planning to increase development aid for Africa to $10 billion over the next six years.

Reuters | June 4, 2024 | 7:33 am

BHP faces test of patience after $49 billion Anglo bid fails

Over the coming months, copper deals are unlikely to be far from executives’ minds.

Bloomberg News | June 4, 2024 | 7:27 am

Rosatom, Orano deny deal talks on Niger nuclear assets

Rosatom said it had no plans to acquire uranium mining assets owned by Orano in Niger.

Reuters | June 4, 2024 | 7:16 am

Russia proposes raising extraction tax rates on diamonds, gold, iron ore

The proposed tax hikes would be offset by the abolition of export duties linked to the rouble-dollar exchange rate that were introduced in October 2023.

Reuters | June 3, 2024 | 9:57 am

Russia said to seek French-held uranium assets in Niger

Rosatom has had contacts with Niger’s military-led authorities about acquiring assets held by Orano SA.

Bloomberg News | June 3, 2024 | 6:56 am

Thyssenkrupp can’t afford delays over future of steel unit, chairman says

Thyssenkrupp's chairman defended a move to sell a stake in the group's steel unit to Czech billionaire Daniel Kretinsky.

Reuters | June 2, 2024 | 12:14 am

Copper leader Chile posts worst monthly output in over a year

Mines in Chile produced 6.7% less of the wiring metal in April than in March.

Bloomberg News | May 31, 2024 | 12:23 pm

Column: Iron ore prices lack conviction despite China stimulus moves

The balance of risks for iron ore prices are tilted to the downside despite top buyer China's most recent steps to boost its struggling property sector.

Reuters | May 31, 2024 | 10:53 am

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