Trafigura’s non-existent nickel was bought by a US firm
Trafigura sold cargoes of nickel it now believes may not have contained any of the metal to buyers.
Latest Stories
Integra agrees to at-market merger with Millennial Precious, welcomes Wheaton as investor
The combined company would boast one of the largest gold-silver endowments in the Great Basin not controlled by a major mining company.
Lundin Gold grows Fruta del Norte reserves to 5moz, surpassing original estimate
With this update, Lundin has effectively replaced all reserves mined (1.38 million ounces) from the beginning of operations in late 2019 while adding additional reserves (1.58 million ounces).
Iron ore price falls on production curbs in China
Steel production hub Tangshan was required to shutter some capacity in response to heavy pollution.
Column: Nickel’s electric dreams turn into a pricing nightmare
The global nickel market flipped from deficit to surplus over the course of 2022.
A $1.5 billion hoard of copper and cobalt is piling up in Congo
By now, there are about 120,000 tons of copper and around 12,500 tons of cobalt stuck waiting to leave the country.
Russians probed over gold in Sudan as West vies for influence
Dozens of Russians working for a mining company in Sudan are being probed by authorities on suspicion of gold-smuggling.
Stellantis buys into Argentina copper in race for battery metals
The automaker has its eye on one of the world’s bigger underdeveloped copper deposits in Argentina’s San Juan province.
Lynas Rare Earths’ production disruption concerns persist
Company will focus on getting its Kalgoorlie plant operational amid concerns its Malaysian facility will have to be partly wound down.
