Gold price heads for weekly loss as US inflation concerns sap demand The precious metal dipped on Friday and is down 2.7% for the week. Bloomberg News | April 26, 2024 | 6:32 am
London’s mining crown under threat from $39 billion Anglo bid BHP's attempt to swallow up Anglo American is the latest threat to one of the London market’s most-prized sectors. Bloomberg News | April 26, 2024 | 6:22 am
Rising copper demand spurs search for alternative climate solutions CRU, a metals consultant, sees demand increasing about 40% by 2050 even if cleaner technologies aren’t rolled out aggressively. Bloomberg News | April 26, 2024 | 5:52 am
Copper price hits $10,000/t as BHP bid shows tight supply pipeline The metal has reclaimed the $10,000 threshold for the first time in two years. Bloomberg News | April 26, 2024 | 5:37 am
Miner owned by South America’s richest family mulls bond sale Antofagasta, which operates copper mines in Chile, last tapped global debt markets in 2022 when it sold $500 million in 10-year bonds. Bloomberg News | April 25, 2024 | 4:14 pm
On lithium’s frontier, miners are betting on a greener second act Despite bullish long term forecasts, the metal has been languishing near two-year lows as demand fails to keep pace. Bloomberg News | April 25, 2024 | 2:43 pm
Anglo’s stumbles have made it prey for mining’s biggest predator The company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP is moving in. Bloomberg News | April 25, 2024 | 12:25 pm
Copper price rally resuscitates world’s worst-performing currency in the first quarter The Chilean peso is up 3.4% in April, the only currency to have risen against the dollar in the month. Bloomberg News | April 25, 2024 | 10:53 am
Marex Group’s IPO raises $292 million Marex is one of the largest dealers on the London Metal Exchange. Bloomberg News | April 25, 2024 | 8:40 am
More Chinese nickel seen flowing overseas after LME’s Russia ban Overseas sales jumped more than 200% in March from the previous month. Bloomberg News | April 25, 2024 | 6:51 am
Congo questions Apple on concerns about use of conflict minerals Apple previously pledged to source “responsibly” and work to improve working conditions among mining communities, including in Congo. Bloomberg News | April 25, 2024 | 3:00 am
BlackRock says $12,000 copper is needed to incentivize new mines BlackRock has been among the most bullish voices in the copper market for years. Bloomberg News | April 24, 2024 | 7:25 pm