Glencore to consult investors on coal spinoff after Teck deal Several of Glencore’s largest shareholders believe the company should retain its coal assets. Bloomberg News | May 29, 2024 | 2:43 pm
China’s silver imports set to jump as solar demand lifts prices Chinese imports have already been strong in recent months. Bloomberg News | May 29, 2024 | 7:28 am
Copper traders get reprieve as historic New York squeeze eases “With physical markets still tight, further squeezes are possible, so CME may not be out of the woods yet,” said Bank of America. Bloomberg News | May 29, 2024 | 7:11 am
Mongolia defends plan to tap mining riches for new sovereign wealth fund Mining represented 28% of Mongolia’s GDP last year and comprised 92% of all exports. Bloomberg News | May 29, 2024 | 6:58 am
Europe’s biggest pension fund sells €10 billion in fossil fuels Stichting Pensioenfonds ABP has now exited all liquid assets in oil, gas and coal. Bloomberg News | May 28, 2024 | 3:50 pm
BHP and Anglo remain split on South Africa as time runs out BHP has until 5 p.m. London on Wednesday to commit to an offer. Bloomberg News | May 28, 2024 | 10:32 am
EU, Australia sign critical minerals pact to diversify supply chains Ministers in Canberra and Brussels signed an MOU on Tuesday, which will be followed by the joint development of “concrete actions” over the next six months. Bloomberg News | May 28, 2024 | 6:11 am
South African Shell-BP refinery purchase raises clean-up concern State-owned Central Energy Fund has agreed to buy the 180,000-barrel-a-day Sapref plant for a symbolic price of one rand. Bloomberg News | May 27, 2024 | 2:13 pm
Funds are most bullish on gold in four years as prices hit record Hedge funds and other large speculators boosted their net-long position in Comex futures and options by 21,030 contracts in the week through May 21. Bloomberg News | May 27, 2024 | 8:21 am
China defies global copper squeeze with near-record production Copper smelters in China are maintaining production at near-record levels. Bloomberg News | May 27, 2024 | 7:11 am
JPMorgan says BHP plan risks $4.3 billion South Africa outflow Such an outflow, if a deal goes ahead, could weaken the rand. Bloomberg News | May 27, 2024 | 7:05 am
Trafigura faces off with aluminum bulls over huge metal stash The aluminum market is caught in a clash between some of the biggest traders and banks. Bloomberg News | May 25, 2024 | 1:02 pm
