Indian dealers offer discounts as gold price run-up softens demand Dealers were offering a discount of up to $5 an ounce over official domestic prices this week. Reuters | July 16, 2021 | 9:19 am
Small miners aim for European supply chain for EV independent from China Growing demand for electric vehicles has spurred small-scale miners of the lithium, cobalt and rare earths. Reuters | July 16, 2021 | 8:05 am
Sandvik profit narrowly misses forecast, shares drop Company said daily order intake in its Manufacturing and Machining Solutions division grew roughly 20% year-on-year in the first two weeks of July. Reuters | July 16, 2021 | 7:49 am
Ganfeng to offer to buy Millennial Lithium for up to $280m Millennial has two non-producing lithium brine projects - Pastos Grandes and Cauchari East - in northern Argentina. Reuters | July 16, 2021 | 7:42 am
Creditors of Brazil miner Samarco oppose restructuring plan Creditors said the plan's main goal is to protect Samarco's giant shareholders, Vale and BHP. Reuters | July 15, 2021 | 6:08 pm
Ecuador mining sector needs clear regulations to attract investment, industry group says Ecuador has abundant mineral reserves, but has lagged behind other Andean countries such as Peru and Chile in developing large-scale mining. Reuters | July 15, 2021 | 2:49 pm
Congo’s cobalt monopoly to set price floor for artisanal miners The state cobalt buyer will put in place a price floor of $30,000 a tonne for the cobalt it buys from artisanal miners. Reuters | July 15, 2021 | 8:20 am
Home: Global metals trading impetus shifting from east to west The world of metals trading is becoming increasingly multi-polar, reflecting the rise of China's futures markets over the last decade. Reuters | July 15, 2021 | 8:14 am
Jiangxi Copper to invest $1.8bn in making foil for batteries Company plans to start producing copper foil by end of 2023. Reuters | July 15, 2021 | 7:59 am
Freeport Indonesia cancels Tsingshan copper smelter plans Instead, Freeport Indonesia will go ahead with plans to build a new smelter near its existing copper refining operations in Gresik, East Java. Reuters | July 15, 2021 | 7:38 am
Newmont to advance Ahafo North project in Ghana The project will add more than three million ounces of gold production over an initial 13-year mine life. Reuters | July 15, 2021 | 7:34 am
GRAPHIC: Metals recycling to be a key plank for cutting emissions Analysts at Wood Mackenzie estimate an additional 360 million tonnes of aluminum, 90 million tonnes of copper and 30 million tonnes of nickel will be needed over the next 20 years. Reuters | July 14, 2021 | 10:33 pm