Goldman veteran Jeff Currie remains bullish on commodities this year Demand for raw materials is at record levels, inventories are low, and spare production capacity is largely “exhausted,” the veteran analyst said. Bloomberg News | January 8, 2024 | 9:33 am
Ivanhoe eyes higher copper output at Kamoa-Kakula It produced 393,551 tonnes of the metal last year, an 18% increase from 2022, and it expects to churn out 440,000-490,000 tonnes this year. Staff Writer | January 8, 2024 | 9:13 am
Lithium Chile awarded huge concession in Argentina’s Arizaro Salar An environmental impact study will be filed for an exploration program to be completed on Block IV during the year. Staff Writer | January 8, 2024 | 9:11 am
Alcoa set to announce Kwinana refinery closure The plant, one of Alcoa’s first three Western Australia alumina refineries, has been operating below nameplate capacity for the past year. Cecilia Jamasmie | January 8, 2024 | 7:37 am
Nature emits mercury but not as much as humans do – study Recent estimates show that mining and burning fossil fuels are still the top sources of mercury in the global ocean. Staff Writer | January 8, 2024 | 5:05 am
Lithium junior Kali Metals soars on ASX debut The Western Australia-based junior entered the ASX on the right foot, having raised A$15 million ($10m) on a heavily oversubscribed IPO. Cecilia Jamasmie | January 8, 2024 | 3:47 am
Zimbabwe gold output declines 15% amid electricity, forex shortages Zimbabwe produced 30 metric tons of gold in 2023. Reuters | January 8, 2024 | 3:09 am
Simandou build expected to start in 2024 after almost 30 years of setbacks Set to be the world’s largest new iron ore mine, the project will add around 5% to global seaborne supply when it comes on line. Staff Writer | January 8, 2024 | 2:30 am
Iron ore price at one-week low on faltering demand, steel margins Iron ore prices declined for a third consecutive session on Monday. Reuters | January 8, 2024 | 1:57 am
