Hedge fund Elliott loses appeal against dismissal of LME nickel lawsuit Judge ruled that the extreme price movement was "a once in a generation event" and that the LME acted lawfully in cancelling the trades. Reuters | October 7, 2024 | 3:54 am
Vale temporarily halts operations at Onca Puma nickel plant Vale estimated it to have a preliminary impact of 1,500 to 2,000 metric tons on its fourth quarter nickel production. Reuters | October 7, 2024 | 3:49 am
Costco’s gold bars fly off shelves as bullion prices smash records Costco is the “one bright spot” in the consumer gold-buying market, analyst says. Bloomberg News | October 7, 2024 | 3:21 am
Ghana’s wildcat gold mining booms, poisoning people and nature "It's risky but I just want to survive," said one of the men at the wildcat site in the Prestea-Huni Valley district in western Ghana. Reuters | October 7, 2024 | 1:33 am
Metals markets eye China reopening for stimulus rally cues There are still concerns that Beijing will need to act even more to restore China to its status as the growth engine for major commodities. Bloomberg News | October 7, 2024 | 12:32 am
TotalEnergies considers foray into copper trading The French firm is considering a move to expand its oil trading operations into metals to capitalize on the global energy transition. Reuters | October 6, 2024 | 9:39 am
World’s top uranium miner backs nuclear plant in referendum Voters in Kazakhstan will decide on Sunday whether to allow construction of a nuclear power plant amid worries over the environmental impact. Bloomberg News | October 5, 2024 | 1:01 pm
Burkina Faso plans to withdraw some mining permits, junta leader says Gold is the main export of the West African country. Reuters | October 5, 2024 | 12:43 pm
The top 50 biggest mining companies in the world Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion. MINING.com Editor | October 5, 2024 | 2:59 am
