US Congress to fund $2m Pentagon study on deep sea mining The Pentagon will explore the feasibility of refining ocean-floor minerals in the U.S., reports the Wall Street Journal. Staff Writer | May 23, 2024 | 9:56 am
Bonds’ decades-long lead over gold vanishes as debt worries grow A dollar invested in gold 51 years ago is now worth $2,314, $172 more than the return pegged to the Bloomberg Treasury index. Bloomberg News | May 23, 2024 | 9:42 am
Zimbabwe state miner says lithium assets attract investors Kuvimba has identified a lithium ore resource of 38 million tons at Sandawana, the site of a mothballed emerald mine formerly run by Rio Tinto. Bloomberg News | May 23, 2024 | 9:08 am
Column: Copper squeezed in the United States but China has plenty Weak spot demand, robust imports and rising domestic output have combined to keep China's exchange inventories high. Reuters | May 23, 2024 | 8:47 am
Copper price steadies after biggest decline in almost two years The metal surged to an all-time high above $11,000 a ton on Monday, followed by a slump of 4.1% on Wednesday. Bloomberg News | May 23, 2024 | 8:39 am
Rio Tinto faces lawsuit over Panguna copper mine in Bougainville Villagers are seeking compensation for loss and damage that could reach billions of dollars. Bloomberg News | May 23, 2024 | 8:31 am
Troubled Peru copper mine starts expansion work in supply boost Las Bambas has for years operated well below its annual capacity of 400,000 tons due to a torrent of community protests. Bloomberg News | May 23, 2024 | 8:26 am
China plans biggest ever cobalt purchases for state reserves The metal has slumped to five-year lows amid booming production in the DRC and Indonesia. Bloomberg News | May 23, 2024 | 7:57 am
South32 CEO Kerr says open to buying joint Anglo American manganese assets South32 has been one of the most active miners in buying and selling assets. Reuters | May 23, 2024 | 7:16 am