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
SQM swings to $870 million loss on sinking prices, tax ruling Data from Benchmark Mineral Intelligence suggests that global prices have fallen by more than 80%, dragged by weaker demand for EVs. Reuters | May 23, 2024 | 7:10 am
Nornickel board proposes no dividend for 2023 results Nornickel failed to pay dividends on its 2022 results but resumed payouts for the first nine months of 2023. Reuters | May 23, 2024 | 7:05 am
LME approves listing of first Indonesian nickel brand Until now, Indonesia has not produced a significant amount of the metal in high-purity form traded on the LME. Reuters | May 23, 2024 | 6:58 am
High concentrations of rare earths found in Utah, Colorado coal mines Rare earth elements are concentrated in fine-grain shale units in Utah and Colorado active coal mines. Staff Writer | May 23, 2024 | 6:06 am