CME copper premium to LME attracting metal shipments to US Hedge funds have increased their positions in the futures market amid relatively strong demand in the US. Reuters | May 14, 2024 | 7:23 am
Peru copper output flat in March, but up 3.5% in Q1 2024 March production edged down 0.1% compared to the same month in 2023, new ministry's data showed. Reuters | May 13, 2024 | 4:21 pm
Congo allows Zijin mine to resume operations, ministry letter says Mining operations at COMMUS could resume as long as the company ensured radiation levels remained in line with standards. Reuters | May 13, 2024 | 12:25 pm
Glencore seeks Australian carbon capture approval amid farmer protests The company is planning a three-year, A$210 million pilot project that would pump 330,000 metric tons of CO2 from a coal-fired power plant. Reuters | May 13, 2024 | 9:05 am
France backs nickel refinery project to bolster battery supply chain The project, called Electro Mobility Materials Europe (EMME), aims to cover 20-30% of France's nickel and cobalt needs for electric vehicles by 2030. Reuters | May 13, 2024 | 8:51 am
Platinum, palladium, rhodium prices seen down in 2024 despite deficit, Metals Focus says Average prices are expected to fall this year compared with 2023 despite another year of structural deficit. Reuters | May 13, 2024 | 6:53 am
OceanaGold Philippines’ shares drop on market debut after IPO The gold and copper miner's IPO was to comply with a regulatory requirement for its operations in northern Philippines. Reuters | May 13, 2024 | 6:49 am
Sibanye seeks to loosen borrowing restrictions as earnings plunge Sibanye CEO Neal Froneman said in the update that declining earnings could impact the company's debt covenants. Reuters | May 10, 2024 | 9:23 am
Philippines eyes boost to nickel processing capacity The Southeast Asian nation is looking to follow neighbouring Indonesia, which lured major investment in processing plants for its huge deposits. Reuters | May 10, 2024 | 8:16 am
Iron ore price hits more than 2-week low on rising inventory, demand caution Prices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook. Reuters | May 10, 2024 | 7:36 am
Chile copper output edges down in March, dragged by Codelco Output at Codelco slid 10.1% to total 107,300 metric tons in March. Reuters | May 10, 2024 | 7:32 am
Trafigura delivers large amounts of aluminum to LME for lucrative rent deals Total aluminum stocks in LME warehouses climbed 88% this week, to the highest level since January 2022. Reuters | May 10, 2024 | 7:29 am
