Intelligence Top Stories

Beyond 2024, nickel prices to increase steadily to 2028: Fitch

Analyst expects upside risks – including but not limited to potential supply disruptions and a weakening of the US dollar to place a floor under prices throughout the year.

Staff Writer | July 5, 2024 | 3:10 pm

India boosts gold reserves by most in two years, WGC says

The Reserve Bank of India added more than nine tons…

Bloomberg News | July 5, 2024 | 11:06 am

US miners push Washington to revive long-dormant Bureau of Mines

The push to resuscitate it and add new responsibilities would,…

Reuters | July 5, 2024 | 10:45 am

Copper price surpasses $10,000, expected to rise further, says Citigroup

Longer term, the metal has a chance to reach $12,000…

Staff Writer | July 5, 2024 | 8:27 am

Key China copper premium climbs above zero as orders pick up

Copper’s surge to a record on wave of speculative money…

Bloomberg News | July 5, 2024 | 7:30 am

Codelco copper output falls behind target in May, document shows

The mining firm, which has yet to publicly release data for May, produced 103,100 metric tons of the red metal in the month.

Reuters | June 26, 2024 | 1:22 pm

Vedanta in talks with IHC unit, investors for Zambian copper stake sale

The KCM assets have also attracted interest from other investors, said Vedanta's chief executive for base metals.

Reuters | June 26, 2024 | 8:47 am

Norway to award Arctic seabed mining blocks in 2025

The government announced the first licensing round for seabed minerals on the Norwegian continental shelf for public consultation.

Staff Writer | June 26, 2024 | 7:51 am

Copper price extends slide on soft Chinese demand and stronger dollar

The metal has shed 14% since rocketing to a record above $11,000 a ton in May.

Bloomberg News | June 26, 2024 | 6:48 am

Column: Copper stocks surge offers little relief for CME shorts

Rising global exchange stocks of copper have damped bullish spirits.

Reuters | June 25, 2024 | 2:13 pm

Brazil prosecutors seek $668 million from Vale, BHP for gender violations in reparations

The new lawsuit comes as Vale and BHP hope to reach a tentative agreement by the end of this month.

Reuters | June 24, 2024 | 9:23 am

Adani, Hindalco show interest as Hindustan Copper plans to develop two mines

Both mines with a combined capacity of 3 million metric tons are located in the eastern state of Jharkhand.

Reuters | June 24, 2024 | 7:23 am

Hedge funds’ bullish copper bets run into China’s slowdown

Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it.

Bloomberg News | June 23, 2024 | 12:12 pm

E-fuels offer cleaner alternative to fossil fuels, but production cost a key challenge — report

E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, the firm says.

Staff Writer | June 23, 2024 | 8:52 am

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