Metals prices could spike with markets so tight, Trafigura says “We could be pushed into extreme price levels,” Jeremy Weir, the commodity trader’s chief executive officer, said. Bloomberg News | January 12, 2023 | 7:33 am
Europe’s largest rare earths deposit found in Sweden The discovery by Swedish state-owned miner LKAB could help the continent break away from China’s dominance in the sector. Cecilia Jamasmie | January 12, 2023 | 6:03 am
Superdeep diamond reveals new info on earth’s geological processes A superdeep diamond recovered in Guinea has become the messenger of new information on plate tectonics. Staff Writer | January 12, 2023 | 5:06 am
Arkle Resources finds lithium in Ireland The explorer, which has so far focused on gold in Ireland, said drilling results show evidence of lithium bearing pegmatites. Cecilia Jamasmie | January 12, 2023 | 4:06 am
Robbers pull off multimillion-dollar copper heist in Chilean port It is the largest copper theft since a spate of gangster heists in northern Chile last October forced the government to tighten security on trains carrying copper cathodes. Reuters | January 12, 2023 | 3:48 am
Alcoa reverts to gas for fuelling alumina refineries in Western Australia Alcoa has reverted to using gas to fuel the powerhouse boilers at its partially owned Kwinana and Pinjarra alumina refineries. Reuters | January 11, 2023 | 3:51 pm
Maaden aluminum smelter cuts production on operating issues Maaden owns 75% and Alcoa holds 25% of the massive aluminum complex in Saudi Arabia. Bloomberg News | January 11, 2023 | 11:48 am
Nouveau Monde Graphite issues positive PEA for Uatnan project The proposed Uatnan project is currently one of the largest projected natural graphite mines in the world. Staff Writer | January 11, 2023 | 11:31 am
Gold price eases from 8-month peak as investors await inflation data Prices were trending lower on some profit taking from the shorter term futures traders ahead of the CPI report tomorrow, says analyst. Staff Writer | January 11, 2023 | 10:24 am