Global shortage of magnesium could cripple car industry Germany’s association of metals producers warned that current magnesium inventories in Europe will be exhausted by the end of November 2021. Cecilia Jamasmie | October 19, 2021 | 5:18 am
Barrick to decide fate of Lama gold-silver project in 2024 The world's second-largest gold miner by reserves said it continues to “intensively explore” for more resources in the area. Cecilia Jamasmie | October 19, 2021 | 3:48 am
Copper price surges past $11,000 on supply squeeze Traders are paying huge premiums for quickly deliverable copper after stockpiles in the LME warehouse system tumbled to their lowest level in decades. MINING.COM Staff Writer | October 18, 2021 | 11:28 pm
Peru community says will block key mining road used by MMG’s Las Bambas mine Local leaders say Las Bambas has brought pollution to the area and little in the way of economic development. Reuters | October 18, 2021 | 11:07 pm
Coal price tops $300/t in China as cold wave adds to energy crisis The most-active contract on the Zhengzhou Commodity Exchange rose as much as 6%. Bloomberg News | October 18, 2021 | 9:22 pm
BHP iron ore output drops 5% on maintenance work, labour crunch First quarter drop due to maintenance work at Jimblebar mine and labour shortages caused by covid-related curbs, the miner says. Reuters | October 18, 2021 | 2:49 pm
Copper spread widens to most in more than 25 years on supply squeeze The spread between cash and three-month futures surged to over $1,000 on the LME on Monday, a premium not seen since at least 1994. Bloomberg News | October 18, 2021 | 1:58 pm
No. 1 uranium miner backs physical fund in nod to robust demand Kazatomprom is backing a new uranium fund that aims to invest in the radioactive metal used to power nuclear reactors. Bloomberg News | October 18, 2021 | 1:51 pm
Thiel-backed Canadian lithium junior said to prepare Nasdaq listing Rock Tech Lithium is preparing a Nasdaq listing to broaden its investor base and help finance a $545 million battery metals plant in Germany. Bloomberg News | October 18, 2021 | 1:44 pm
