The future of deep sea mining hinges on a contentious election International Seabed Authority head incumbent Michael Lodge faces Leticia Carvalho, a Brazilian ocean scientist. Bloomberg News | July 29, 2024 | 8:31 am
Chinese bullion demand takes hit in risk to gold price rally Total demand for bullion fell almost 6% from a year earlier in the first half to 524 tons, the China Gold Council said. Bloomberg News | July 29, 2024 | 8:23 am
Column: Funds dump copper as rising stocks dampen bull spirits LME inventory last week touched a three-year peak. Reuters | July 29, 2024 | 7:49 am
Union at BHP’s Escondida mine urges rejection of contract offer, strike possible The union and BHP have repeatedly clashed due to work stoppages, pressure to increase production and complaints about worker safety. Reuters | July 29, 2024 | 7:43 am
Gold, not dollar, is the best trump trade, survey shows Trump’s platform of tax cuts, tariffs and weaker regulation are viewed as inflationary on Wall Street. Bloomberg News | July 29, 2024 | 7:11 am
Nornickel sticks to production outlook despite furnace repairs The miner reported on Monday a 1% drop in nickel output for the first half of the year. Reuters | July 29, 2024 | 6:58 am
China’s COSCO Shipping, Fortescue to build green fuel supply chain The memorandum of understanding includes exploring deployment of green ammonia-fueled vessels to transport iron ore in the China-Australia iron ore corridor. Reuters | July 29, 2024 | 6:54 am
LME approves Saudi port as warehouse delivery point The LME has approved Red Sea port city Jeddah as a warehouse delivery point for copper and zinc. Reuters | July 29, 2024 | 6:44 am
BHP’s Spence copper mine in Chile now fully autonomous Spence copper mine in Chile has celebrated three months of being BHP’s first fully autonomous operation, with zero incidents. Staff Writer | July 29, 2024 | 5:19 am