Intelligence Top Stories

China’s unusually large copper stockpiles fuel demand concerns

Stockpiles of the metal held in Shanghai Futures Exchange warehouses ended last week well above 300,000 tonnes.

Bloomberg News | June 5, 2024 | 7:59 am

Traders are desperate for copper deals and miners are cashing in

Recent moves by cash-flush energy traders are raising tensions and…

Bloomberg News | June 5, 2024 | 7:25 am

Antofagasta to invest $1.5bn for water transport system at Chile copper mine

Chile has suffered a 15-year drought.

Reuters | June 5, 2024 | 6:54 am

Chile lithium project attracting plenty of interest, Enami says

The early-stage Altoandinos project is part of President Gabriel Boric’s…

Bloomberg News | June 4, 2024 | 10:44 am

Column: Funds keep faith with copper even as squeeze fades

Doctor Copper's new investor friends may find their bullish resolve…

Reuters | June 4, 2024 | 9:46 am

Native American group seeks to overturn US court ruling on Rio’s Arizona copper mine

If developed, the mine would supply more than a quarter of US copper demand for the renewable energy transition.

Reuters | April 15, 2024 | 7:41 pm

Chile indigenous communities suspend dialogue with SQM, Codelco over lithium

Codelco and SQM agreed to start talks with a council of representatives from 18 indigenous communities in December in efforts to reach an agreement to form a new state-controlled public-private partnership.

Reuters | April 15, 2024 | 12:17 pm

Barrick under pressure in Mali as regime eyes control of Loulo-Gounkoto

After seizing power in a coup in 2021 and forming an alliance with Russian troops, the Mali junta has been focusing on the mining industry.

Staff Writer | April 15, 2024 | 10:30 am

Peru economy grows more than expected in February on mining gains

Larger copper, gold and molybdenum volumes boosted metals mining just over 17%, according to government statistics.

Reuters | April 15, 2024 | 9:55 am

Russian court orders Glencore to pay shares worth 114.8m euros in Sberbank lawsuit

It is a second lawsuit Sberbank has filed in Russia against Glencore over unpaid fuel supplies.

Reuters | April 15, 2024 | 8:29 am

Metals whipsawed as sanctions on new Russian supplies rattle LME

Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.

Bloomberg News | April 15, 2024 | 8:11 am

New metals sanctions push Russia further into China’s embrace

The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments.

Bloomberg News | April 15, 2024 | 7:01 am

Copper output at Codelco set to rise this year, CESCO says

Codelco is aiming to produce between 1.325 million and 1.390 million metric tons of copper this year.

Reuters | April 15, 2024 | 5:40 am

CME bans Russian-origin aluminum after US, UK impose new sanctions

CME Group has suspended from its platform aluminium produced in Russia from April 13

Reuters | April 14, 2024 | 12:58 pm

First

Last