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Hedge fund sues Barclays Bank for £650M over alleged copper market rigging

Red Kite, the largest metals hedge fund in the world run by UK Conservative Party donor Michael Farmer, is alleging that Barclays Bank attempted to rig the copper market through insider dealings with the London Metal Exchange.

Andrew Topf | October 22, 2017 | 7:54 pm

China’s Jinchuan eyes new nickel, cobalt project to tap electric vehicle boom

China’s top nickel producer, will next year start building a new project in Guangxi that will produce raw materials for electric vehicle (EV) batteries, its chairman said, looking to tap the sector’s “explosive” demand.

Reuters | October 22, 2017 | 3:30 pm

Rio Tinto wants out of Grasberg now

New report says Rio talking to Indonesian groups to sell interest in giant copper, gold mine – Freeport still at loggerheads with Jakarta about stake sale.

Frik Els | October 22, 2017 | 11:41 am

Shares in Quebec junior surge on Michigan reserves update

Highland Copper jumps 18% after announcing a 46% increase in resources at its Copperwood copper and silver project in Michigan's Upper Peninsula.

Frik Els | October 20, 2017 | 12:58 pm

Southern Copper to resume Tia Maria project in Peru as permit imminent

Peruvian government is expected to issue a long-awaited construction permit for the mine in the first quarter of 2018.

Cecilia Jamasmie | October 20, 2017 | 7:08 am

Acacia Mining takes further revenue hit, reviews Barrick-Tanzania deal

Chief Financial Officer Andrew Wray said the company doesn't even have the ability to make the upfront $300 million payment Barrick has promised to the government of Tanzania as part of a deal reached Thursday.

Cecilia Jamasmie | October 20, 2017 | 4:54 am

Zinc’s bull narrative blurred by fog of LME spreads war

The combination of spread stress and large flows of metal in the LME system suggests we've just witnessed a big bear-bull battle among physical players.

Reuters | October 19, 2017 | 1:05 pm

Barrick to give Tanzania stake in mines, $300 million to end dispute

The deal does not mean Tanzania will immediately lift the demand for Barrick's subsidiary Acacia Mining to pay $190 billion in allegedly unpaid taxes.

Cecilia Jamasmie | October 19, 2017 | 3:31 am

Canadian Mining Hall of Fame welcomes four new inductees for 2018

Bob Gannicott, Ross Beaty, Terry MacGibbon and Ed Thompson to be honoured at 2018 CMHF annual dinner and induction ceremony.

Nadia Lepak | October 18, 2017 | 1:28 pm

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Hedge fund sues Barclays Bank for £650M over alleged copper market rigging

China’s Jinchuan eyes new nickel, cobalt project to tap electric vehicle boom

Rio Tinto wants out of Grasberg now

Shares in Quebec junior surge on Michigan reserves update

Southern Copper to resume Tia Maria project in Peru as permit imminent

Acacia Mining takes further revenue hit, reviews Barrick-Tanzania deal

Zinc’s bull narrative blurred by fog of LME spreads war

Barrick to give Tanzania stake in mines, $300 million to end dispute

Canadian Mining Hall of Fame welcomes four new inductees for 2018

Lead

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Copper

USD/lb

Nickel

USD/lb

Aluminum

USD/lb

Zinc

USD/lb

Aluminum Alloy

USD/lb

Tin

USD/lb

Aluminum 3M Futures

USD/t

Copper 3M Futures

USD/t

Lead 3M Futures

USD/t

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