Copper short squeeze in New York is rocking metals markets A massive dislocation between the prices for copper traded in New York and other commodity exchanges has rocked the global market. Bloomberg News | May 16, 2024 | 7:45 am
Anglo American freezes hiring amid global shake-up Anglo's decision affects recruitment of non-site-based permanent employees and contractors, while it works on a company-wide restructuring. Staff Writer | May 16, 2024 | 5:08 am
Barrick exceeds targets for GHG reduction in 2023 The gold miner re-used or recycled 84% of its water used in operations, with an 85% recycle rate achieved at its water-stressed sites. Staff Writer | May 15, 2024 | 10:22 am
Winning over public key to EU’s mineral supply push, says industry The key to social acceptance was active engagement with local communities and pro-active communicating, said CEO of EIT RawMaterials. Reuters | May 15, 2024 | 9:40 am
BHP shareholders see room for one more sweetened Anglo bid Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off. Bloomberg News | May 15, 2024 | 9:24 am
Saudi’s new mining vehicle picks industry veteran as first CEO Manara Minerals has hired veteran dealmaker Pierre Chenard to be its first permanent chief executive officer. Bloomberg News | May 15, 2024 | 8:52 am
Congo demands international embargo on Rwandan mineral exports The DRC government accuses Rwanda of using rebel groups to steal its natural resources. Bloomberg News | May 15, 2024 | 8:52 am
Trafigura, IXM caught in Comex copper short squeeze as prices hit record US Comex copper May futures hit a record peak of $5.18 a lb. Reuters | May 15, 2024 | 8:17 am
EU to call for mineral projects, eyes joint purchases The EU Critical Raw Materials Act is designed to guarantee a supply of lithium, copper and other minerals for green technologies. Reuters | May 15, 2024 | 7:34 am