High prices stifle gold demand in top Asian hubs; India widens discount
Jewellers were reluctant to purchase gold at current prices or even place orders for production, a dealer in India said.
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China lithium futures rise 8% to hit six-month high
The most active lithium carbonate futures in Guangzhou hit the highest since January 21 at 80,520 yuan ($11,244) a metric ton.
US prioritizes recovery of critical minerals from mine waste
Interior Secretary Doug Burgum directed his department to streamline federal regulations on the recovery of the minerals.
Column: Copper’s physical tariff trade is rapidly unwinding
The market was betting that tariffs would be set lower and come with a longer lead-time.
Peru seizes black market mercury bound for illegal gold mines
The seizure appears to be the largest on record in the Amazon region of South America where illegal gold mining is widespread.
White House taps mining expert to head national security office
David Copley, who was chosen earlier in the year to serve as the top mining official at the US National Energy Dominance Council, is now a senior director at the NSC.
Kumba’s iron ore sales up 3% on better rail and port services
The company kept its full-year production and sales forecast within the range of 35 million to 37 million metric tons.
Indonesia discussing strategic management of critical minerals trade
Indonesia is one of only a only a handful of countries to strike a deal with Washington to lower US tariffs.
First Quantum to explore gold pre-payment deal from Zambian mines
The company was exploring a minority stake sale of its two Zambian mines last year to raise funds.
Six university students drown in China mine accident
The students fell into a flotation cell after protective grates collapsed.
Anglo American’s copper, diamond production falls in first half
Anglo American on Thursday reported a 13% fall in copper production in the first half of the year.
Japan copper smelters face tough talks with global miners over processing fee
Japan also aims to bolster national stockpiles of critical minerals by increasing volumes or expanding target items.
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