Lundin pitches BHP on joint bid for copper miner Filo The move could solve fundraising needs for a neighboring project it wants to build. Bloomberg News | July 12, 2024 | 1:22 pm
Congo offers own cobalt from joint ventures for first time Gecamines has requested bids for the firm’s portion of cobalt output from CMOC Group’s giant Tenke Fungurume mine. Bloomberg News | July 12, 2024 | 8:22 am
Uganda is latest African nation eying gold as currency shield Uganda plans domestic gold purchases to build foreign exchange reserves. Bloomberg News | July 11, 2024 | 7:39 am
Iron ore price swings higher as traders await Beijing policy signals The steelmaking material rallied as much as 3.6% in Singapore on Thursday, following days of fluctuations. Bloomberg News | July 11, 2024 | 4:30 am
China pauses new coal-based steelmaking for first time in years Greening the steel industry, China’s second largest source of carbon emissions at 15%, is a vital part of the country’s plan to become carbon neutral by 2060. Bloomberg News | July 11, 2024 | 4:20 am
Africa’s rare earths could make up 9% of global supply by 2029 Eight mines in countries such as Tanzania, Angola, Malawi and South Africa are expected to start production by 2029. Bloomberg News | July 10, 2024 | 1:07 pm
IRH mining dealmaker met with Congo gold smugglers, UN says IRH, Abu Dhabi’s largest listed company, has been on an aggressive hunt for mining deals in Africa. Bloomberg News | July 10, 2024 | 9:55 am
Sprott says new copper fund too small to pose market risk The Sprott Physical Copper Trust, which began trading in June, holds more than 10,000 metric tons of copper in warehouses mostly in Asia. Bloomberg News | July 10, 2024 | 9:47 am
Iron ore’s $100 price floor at risk of collapse from jump in supply A wave of cheap supply starts to build in West Africa. Bloomberg News | July 10, 2024 | 8:26 am
Lithium projects likely to exceed government targets in Chile Sixty percent of the projects are within 16 salt flats and over 80% of the proposals considered the use of direct lithium extraction technology. Bloomberg News | July 9, 2024 | 12:49 pm
Czech gold holdings rise as central bank diversifies reserves Gold has become increasingly popular in central and eastern Europe. Bloomberg News | July 9, 2024 | 11:30 am
China’s Plenum promises cues for commodity bulls and bears There’s a view that China is likely to provide more support for its economic recovery. Bloomberg News | July 9, 2024 | 9:55 am
