Zambia plans state firm to own 30% of critical minerals mines The government also intends to make investors in the critical minerals sector allocate at least 35% of procurement costs to local suppliers. Bloomberg News | August 29, 2024 | 10:40 am
LME open-outcry trade lives on as SocGen quit sparks no rush for exits The future of ring trading on the London Metal Exchange looks assured for now. Reuters | August 29, 2024 | 8:02 am
South32 hunts for copper as it returns cash to shareholders Underlying earnings came in at $380 million, compared with $916 million a year ago. Reuters | August 28, 2024 | 3:31 pm
CHART: Peru’s phat copper pipeline Plugging the coming structural supply gap won't be possible without reviving copper investment in Peru. Frik Els | August 28, 2024 | 2:00 pm
Jiangxi Copper sees no respite from ore shortage that’s hit fees The company expects a global shortage of ore to extend into the second half. Bloomberg News | August 28, 2024 | 7:27 am
Vale’s CEO announcement to curb market speculation, says chairman Vale announced Monday that current finance chief Gustavo Pimenta would take the reins of the company. Reuters | August 27, 2024 | 4:16 pm
First Quantum seeks damages for copper trapped at Panama mine The material, worth between $225 million and $340 million at current copper prices, has sat idle for months. Bloomberg News | August 27, 2024 | 1:59 pm
Goldman Sachs analysis sheds light on rise of commodities in ESG Analysts have found that fund managers are increasingly including oil, gas and mining stocks in portfolios that are registered as ESG. Bloomberg News | August 27, 2024 | 1:05 pm
BHP sees copper surplus in short term before ‘fly-up’ prices The world’s second-biggest copper supplier cut its forecast for Chinese demand this year, and warned of a modest global surplus through the end of 2025. Bloomberg News | August 27, 2024 | 7:59 am