LME faces fresh worries about Russian metal after UK sanctions Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand. Bloomberg News | December 15, 2023 | 12:23 pm
Friedland says $15,000/t copper price needed to spur new mines The mining magnate said that forecasts of copper prices reaching $9,000 a metric ton next year isn’t enough to stimulate the industry. Bloomberg News | December 15, 2023 | 11:13 am
Panama starts process for First Quantum’s mine ‘definitive’ closure The roadmap for the mine's closure will be presented to the country in the coming days. Reuters | December 15, 2023 | 9:48 am
Costco sold $100 million worth of gold bars last quarter Gold enthusiasts on Reddit said the bars were going for slightly more than $2,000 as recently as last week. Staff Writer | December 15, 2023 | 9:38 am
Plummeting platinum group prices could worsen shortage — report PGM prices have fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined. Colin McClelland | December 15, 2023 | 8:00 am
Brazil judge votes for dismissal of homicide case against Vale’s ex-president over Brumadinho Fábio Schvartsman's defense seeks dismissal of criminal action related to the dam collapse that claimed the lives of over 250 people. Staff Writer | December 15, 2023 | 7:25 am
Livent buys minority stake in ILiAD Technologies parent Livent will have the right to license ILiAD DLE technology for deployment at its lithium brine resource in Argentina. Staff Writer | December 15, 2023 | 7:11 am
New sanctions bar UK entities from trading most Russian metals Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be. Bloomberg News | December 15, 2023 | 6:41 am
Bolivia takes a key step on long road to tapping vast lithium riches Bolivia is cutting the ribbon on its first industrial-scale lithium plant. Bloomberg News | December 15, 2023 | 6:35 am