LME copper stocks rise to two-year high as demand falters On-warrant copper inventory held by the London Metal Exchange rose on Wednesday by 5.7% to the highest since September 2021. Bloomberg News | September 13, 2023 | 4:07 pm
India’s gold imports said to jump in risk to wider trade deficit Gold imports by India, the world’s second-biggest consumer, surged about 40% in August on strong festive buying. Bloomberg News | September 13, 2023 | 9:52 am
De Beers ends lab-grown engagement diamonds foray as prices drop The company expects lab-grown prices to continue to decline as more supply comes into the market. Bloomberg News | September 13, 2023 | 8:15 am
Sigma Lithium surges after attracting strategic proposals Shares surged by 15% after the company announced that it is reviewing a number of strategic approaches, marking the latest sign of rampant dealmaking in the sector. Bloomberg News | September 13, 2023 | 8:14 am
Welcome to the crazy world of China’s lithium mine auctions Due to competition, winning bids often end up being over 1,000 times the starting price. Bloomberg News | September 13, 2023 | 8:07 am
Minsur rolls out tin tracing to prove metal is conflict-free Minsur plans to track about 29,000 metric tons of tin a year, including its production in Brazil. Bloomberg News | September 12, 2023 | 10:10 am
India forges global biofuel alliance in push toward net-zero aim Biofuel adoption is aimed at reducing emissions in the transportation and industrial sectors. Bloomberg News | September 9, 2023 | 11:05 pm
Orano halts uranium treatment in Niger because of sanctions on junta The crisis that’s affecting the African nation, which has about 5% of the world’s uranium. Bloomberg News | September 8, 2023 | 9:46 am
Strike looms at First Quantum’s copper mine in Panama on impasse in wage talks The negotiation remained stuck on disagreements over profit sharing and salary increase. Bloomberg News | September 8, 2023 | 9:42 am
Chile lithium rebound offers relief to miners hit by China angst Revenue from Chilean lithium shipments jumped 18% in August versus July. Bloomberg News | September 8, 2023 | 7:36 am
Leadership doubts threaten Fortescue founder’s green reinvention The firm’s reputation for capital discipline seems to have “gone out the window” with the green-energy push, said one analyst. Bloomberg News | September 7, 2023 | 3:55 pm
China’s gold binge extends to 10th month as reserves climb Bullion held by the People’s Bank of China rose by 930,000 troy ounces in August. Bloomberg News | September 7, 2023 | 9:06 am