TIMELINE – LME’s nickel crisis: major developments since trading halt Exchanges are in an uncomfortable wait for the outcome of a lawsuit by two financial firms against the LME. Reuters | June 23, 2023 | 8:33 am
Palladium price in retreat on EV prospects, growth risks Palladium could extend this year's near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal. Reuters | June 23, 2023 | 8:29 am
GRAPHIC: More zinc mine suspensions loom if prices stay below $2,400/t Weak demand from the construction industry has pushed zinc prices to levels which leave some miners with little or no profit. Reuters | June 23, 2023 | 8:22 am
Methane gas explosion killed 31 in disused South African mine Harmony Gold, the previous mine owner, said the incident was a criminal matter, which it handed over to police for further investigation. Reuters | June 23, 2023 | 4:06 am
Lithium producers warn global supplies may not meet electric vehicle demand Even if more lithium mines are built, there are not enough facilities to produce specialized types of the metal for batteries. Reuters | June 22, 2023 | 4:34 pm
Mexican president pushes new labor minister to resolve Grupo Mexico conflict Grupo Mexico recently clashed with Lopez Obrador over a railway concession and has several mines where production has stalled. Reuters | June 22, 2023 | 1:32 pm
Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom Planemakers are trying to find alternatives to Russia's VSMPO-Avisma, a key titanium producer to the aerospace industry. Reuters | June 22, 2023 | 8:23 am
Polyus board decides against keeping London GDR, ADR listings Washington last month included Polyus and Polymetal's Russian business on its list of sanctions targets. Reuters | June 22, 2023 | 7:23 am
LME failed to probe Tsingshan before nickel chaos, London court hears Hedge fund Elliott Associates and market maker Jane Street Global Trading are demanding $472 million in damages. Reuters | June 22, 2023 | 7:19 am
Northern Star approves $1 billion Kalgoorlie mill expansion Expansion will increase and modernise Kalgoorlie Consolidated Gold Mines processing capacity from 13 million tonnes per annum to 27 mtpa. Reuters | June 21, 2023 | 3:44 pm
Grupo Mexico defends legality of San Martin mine operations after US labor complaint Since operations resumed, the San Martin mining unit has received more than $105 million in investments. Reuters | June 21, 2023 | 11:52 am
Swiss gold exports rise in May due to higher shipments to India Switzerland is the world's biggest bullion refining and transit hub. Reuters | June 21, 2023 | 11:48 am