China’s commodity imports saved 2020, this year may be different China’s massive buying spree appears to be ending, and import demand may be returning to what could be viewed as more “normal” levels. Reuters | January 14, 2021 | 8:29 am
LME’s twilight zone absorbs stocks build The amount of aluminum sitting in this LME twilight zone grew by 829,000 tonnes between February and November. Reuters | January 14, 2021 | 8:16 am
Barrick quarterly output gets boost from Dominican Republic mine Output at the Pueblo Viejo gold mine rose 23% to 159,000 ounces of gold. Reuters | January 14, 2021 | 6:27 am
Rhodium price roars above $20,000 in precious metals’ biggest rally Rhodium, used in engine exhausts to neutralize harmful nitrous oxides, has been in deficit for most of the last decade. Reuters | January 13, 2021 | 11:20 am
Gold-backed ETFs end record 2020 with second month of outflows ETFs grew their holdings by 876 tonnes in 2020 - equivalent to around a quarter of the annual output of the world's gold mines. Reuters | January 13, 2021 | 9:20 am
Indebted Zambia pays $400m in VAT refunds to mining firms Africa’s second-largest copper producer is negotiating with creditors to try to get debt relief, after it defaulted on a $42.5 million coupon in November. Reuters | January 13, 2021 | 9:07 am
Apache tribe sues over Rio Tinto’s Resolution copper project Members of the San Carlos Apache tribe have sued the Trump Administration to block the pending land swap in Arizona. Reuters | January 13, 2021 | 9:01 am
Weak lithium prices could slow EV revolution – Albemarle By 2025, demand is expected to outstrip supply by nearly 228,000 tonnes. Reuters | January 13, 2021 | 8:28 am
First Cobalt signs supply deal with Glencore, eyes China Moly contract Company will source cobalt hydroxide at prevailing market prices from Glencore's Kamoto Copper operation for five years starting in 2022. Reuters | January 12, 2021 | 11:32 am
Norway eyes sea change in deep dive for metals instead of oil Country could license companies for deep-sea mining as early as 2023, its oil and energy ministry told Reuters. Reuters | January 12, 2021 | 8:57 am
Rescuers try to reach 22 trapped after Chinese gold mine blast The blast occurred at the Hushan mine in Qixia, Shandong province. Reuters | January 12, 2021 | 8:32 am
Gold investors target ‘excessive’ executive payouts amid deals Investors critical of lavish executive payouts plan to vote down compensation at upcoming annual shareholder meetings. Reuters | January 12, 2021 | 8:26 am