Copper’s spike isn’t justified by fundamentals, Trafigura says Trafigura has long been one of the copper market’s most bullish voices. Bloomberg News | June 6, 2024 | 9:25 am
New copper fund revives controversial product Sprott Inc. has launched a $100 million fund that will buy and hold physical copper. Bloomberg News | June 6, 2024 | 9:20 am
Global gold ETFs saw first inflows in a year in May, says WGC Higher gold prices and inflows drove total assets under management up 2% to $234 billion, the highest since April 2022. Reuters | June 6, 2024 | 9:06 am
London gold body reviews purity concerns about Indonesian state miner Investigators said over the period of 2010-2021, former managers at Antam oversaw production of around 109 tons of gold through an alleged illegal practice. Reuters | June 6, 2024 | 8:51 am
Atlantic Mining seeks to turn Touquoy mine into renewable energy hub Company will explore the feasibility of converting the now closed Touquoy gold mine into a renewable energy hub in Nova Scotia. Staff Writer | June 6, 2024 | 8:45 am
Nevada Copper fears shutdown without immediate funding; stock plunges The miner said it generated lower sales through the ramp-up process in Q4 than previously anticipated, which impacted its financing requirements. Staff Writer | June 6, 2024 | 8:17 am
Botswana may raise De Beers stake as Anglo weighs spin-off The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply. Reuters | June 6, 2024 | 7:13 am
Gold prices may hit another record high in 2024, Metals Focus says Sentiment towards gold is supported by fears over US government debt and elevated geopolitical tensions. Reuters | June 6, 2024 | 7:08 am
Newmont CEO sees copper demand boom driving mining deals Tom Palmer pointed to artificial intelligence as a surprisingly large new source of copper demand. Reuters | June 6, 2024 | 7:01 am
