Intelligence Top Stories

Brazil joins race to loosen China’s grip on rare earths industry

Brazil holds the world's third-largest rare earth reserves.

Reuters | June 17, 2024 | 8:12 am

Record copper prices likely to pause US scrap shipments to China

Scrap typically accounts for about 9 million tonnes or roughly…

Reuters | June 17, 2024 | 7:21 am

Chile says Saudi mining minister to visit, lithium expected on agenda

Chile is the world's second-largest producer of lithium.

Reuters | June 16, 2024 | 9:14 am

Serbia to give green light for Rio Tinto’s lithium mine

The Jadar project could potentially produce 58,000 tons of lithium…

Reuters | June 16, 2024 | 8:54 am

Saudi mining minister to visit Chile in July

The Middle Eastern country is interested in obtaining lithium overseas…

Reuters | June 14, 2024 | 4:49 pm

Barrick’s Mali mine feeds Russian war machine, advocacy group says

The operator of the Loulo-Gounkoto gold complex increased tax, royalty and dividend payments to the Malian government by almost half to $380.7 million last year.

Colin McClelland | April 30, 2024 | 7:59 am

Australia cracks down on foreign cash in critical minerals

At the same time, the investment approval process would be streamlined for known investors and low-risk sectors.

Bloomberg News | April 30, 2024 | 6:30 am

Copper smelters in China wary of BHP-Anglo tie-up

"This is not good news for China given the heavy reliance on external supply, and Chinese companies hold limited resources," one analyst said.

Reuters | April 30, 2024 | 6:22 am

Anglo spinoffs will ‘very likely’ need South Africa approval

Even though BHP doesn’t want to buy Kumba and Amplats, South Africa could have an important role to play if an eventual deal is structured.

Bloomberg News | April 30, 2024 | 4:58 am

Gold price rally could cut India’s demand to four-year low – WGC

Demand for gold from India could stand between 700 metric tons and 800 metric tons in 2024.

Reuters | April 30, 2024 | 3:34 am

Bank of Korea rules out immediate gold buying, may consider it long-term

In June 2023, the BOK said it was more desirable to maintain dollar liquidity than boost its gold holdings.

Reuters | April 30, 2024 | 3:31 am

Half of all copper mining is at drought risk with climate change

Even in an optimistic low emission scenario for 2050, more than half the world’s copper mines will be in areas exposed to drought risk that’s deemed significant.

Bloomberg News | April 29, 2024 | 5:08 pm