Botswana flags synthetic gem threat ahead of $6 billion diamond project launch The natural diamond market has struggled in the past two years due to rising consumer demand for cheaper lab-grown diamonds. Reuters | May 29, 2024 | 9:28 am
Mining M&A slips as firms lawyer-up to fight regulators The value of deals in the industry declined 12.5% to $74.2 billion this year. Colin McClelland | May 29, 2024 | 8:44 am
Endeavour Mining invests in Côte d’Ivoire exploration projects Endeavour has taken up a 12.39% equity stake in private explorer Koulou Gold. Staff Writer | May 29, 2024 | 8:43 am
China’s silver imports set to jump as solar demand lifts prices Chinese imports have already been strong in recent months. Bloomberg News | May 29, 2024 | 7:28 am
Copper traders get reprieve as historic New York squeeze eases “With physical markets still tight, further squeezes are possible, so CME may not be out of the woods yet,” said Bank of America. Bloomberg News | May 29, 2024 | 7:11 am
Mongolia defends plan to tap mining riches for new sovereign wealth fund Mining represented 28% of Mongolia’s GDP last year and comprised 92% of all exports. Bloomberg News | May 29, 2024 | 6:58 am
Indonesia buying record amounts of Philippine nickel ore due to quota delays Delays by Jakarta in issuing mining quotas and heavy rains have hurt local supply. Reuters | May 29, 2024 | 6:51 am
China 2024 rare earths quota growth set to slow amid supply glut The quota is likely to reach 270,000 metric tons for all of 2024. Reuters | May 29, 2024 | 6:46 am
India imports more silver in 4 months than in all of 2023 India imported a record 4,172 metric tons of silver during January to April. Reuters | May 29, 2024 | 6:39 am