Explained: India’s gold demand during Diwali With Diwali celebrations in full swing, will India see another record quarter for gold demand? Visual Capitalist - Elements | October 24, 2022 | 10:44 am
US mining sanctions take aim at Nicaragua’s Ortega Biden has signed an executive order that includes the authority to ban US companies from doing business in Nicaragua's gold industry. Reuters | October 24, 2022 | 10:10 am
Brokers balk as nickel tycoon seeks to add to LME short position Tsingshan is talking to brokers about starting to increase its position on the London Metal Exchange as a hedge for its own nickel output. Bloomberg News | October 24, 2022 | 9:43 am
Jokowi’s metals downstreaming push leads to record FDI surge Foreign-direct investments into Indonesia surged by the most on record, driven by the metals industry. Bloomberg News | October 24, 2022 | 9:38 am
China’s billion-dollar cash-for-copper trade grinds to a halt The Chinese copper market is at its tightest in more than a decade as traders pay massive premiums for immediate supplies. Bloomberg News | October 24, 2022 | 9:13 am
Copper buyers want longer-term deals on supply concerns, Codelco says The Chilean state-owned company recently signed some contracts for three to five years with customers in Europe, in contrast to the more standard annual deals. Bloomberg News | October 24, 2022 | 9:02 am
Copper price down as China’s yuan falls to lowest since 2008 Analysts at JPMorgan still expect prices to fall in the short term. MINING.COM Staff Writer | October 24, 2022 | 8:37 am
Pure Gold places Ontario mine on care and maintenance due to cash constraints, stock crashes The company says the mine has yet to achieve consistent positive site-level cash flows. Staff Writer | October 24, 2022 | 8:32 am
Global lead, zinc market to be in deficit for 2022, 2023 – ILZSG Global refined lead and zinc markets are likely be in a deficit in both 2022 and 2023, the International Lead and Zinc Study Group said on Monday. Reuters | October 24, 2022 | 8:29 am