Argentina is about to unleash a wave of lithium in a global glut For all the money that’s poured into Argentina’s giant lithium deposits, the country has seen just one new mine come on stream in almost a decade. That’s about to change. Bloomberg News | June 28, 2024 | 2:54 pm
Botswana GDP shrinks most since 2020 as diamond output plunges Real value added of the diamond traders and mining & quarrying industries were down 46.8% and 24.8% respectively. Bloomberg News | June 28, 2024 | 9:35 am
Copper supply gets a boost as Chile shows signs of recovery Output in May was the highest this year, rising more than 8% compared with April. Bloomberg News | June 28, 2024 | 9:10 am
Vedanta set to regain control of Zambia copper mine Billionaire Anil Agarwal’s firm is ready to pay $250 million to settle debts owed by the Konkola mine. Bloomberg News | June 28, 2024 | 9:03 am
China’s copper stockpiles shrink again in hint at demand upturn Copper has been pulled in different directions by competing forces for much of this year. Bloomberg News | June 28, 2024 | 8:01 am
Lundin weighs sale of zinc mines in Sweden and Portugal The Vancouver-based miner is gauging interest in its Zinkgruvan mine in Sweden and Neves-Corvo mine in Portugal. Bloomberg News | June 27, 2024 | 10:47 am
London Metal Exchange mulls adding warehouse in Hong Kong The LME is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China. Bloomberg News | June 27, 2024 | 7:40 am
Andurand ditches famed oil trades for copper and cocoa The pivot comes as the firm recovers from a record loss last year, ending a three-year winning streak. Bloomberg News | June 26, 2024 | 11:56 am
Trafigura clinches share of major zinc deal snubbed by Glencore Production from Ivanhoe's Kipushi zinc mine in Congo will now be split between several new buyers. Bloomberg News | June 26, 2024 | 9:59 am
Sibanye ‘will have to’ shutter US mine unless palladium recovers Sibanye took a $2.1 billion writedown on its unprofitable US assets earlier this year. Bloomberg News | June 26, 2024 | 9:47 am
Vale sells $1 billion in return to global debt markets Vale last tapped global markets in June of 2023, with a $1.5 billion sale of bonds. Bloomberg News | June 26, 2024 | 6:56 am
Copper price extends slide on soft Chinese demand and stronger dollar The metal has shed 14% since rocketing to a record above $11,000 a ton in May. Bloomberg News | June 26, 2024 | 6:48 am