China’s silver imports set to jump as solar demand lifts prices Chinese imports have already been strong in recent months. Bloomberg News | May 29, 2024 | 7:28 am
Copper traders get reprieve as historic New York squeeze eases “With physical markets still tight, further squeezes are possible, so CME may not be out of the woods yet,” said Bank of America. Bloomberg News | May 29, 2024 | 7:11 am
Mongolia defends plan to tap mining riches for new sovereign wealth fund Mining represented 28% of Mongolia’s GDP last year and comprised 92% of all exports. Bloomberg News | May 29, 2024 | 6:58 am
Botswana wants quick separation of De Beers from Anglo The world's top diamond producer by value is finalizing a new ten-year gem sales deal agreed last June with De Beers. Reuters | May 29, 2024 | 6:35 am
Gem Diamonds finds sixth 100+ carat stone in 2024 The 212.9 carat Type II white stone was found at Letšeng mine, one of the world’s ten largest diamond operations by revenue. Staff Writer | May 29, 2024 | 5:19 am
Lithium in Marcellus shale gas wells could potentially meet part of US demand If it could be extracted with complete efficiency, lithium from the wastewater of Marcellus shale gas wells could supply up to 40% of the United States demand. Staff Writer | May 29, 2024 | 5:16 am
BHP walks away from proposed $49bn takeover of Anglo American Less than an hour before the 5 p.m. UK cut off, BHP confirmed it had failed to secure Anglo’s board backing and would not proceed with the takeover. Cecilia Jamasmie | May 29, 2024 | 4:05 am
Europe’s biggest pension fund sells €10 billion in fossil fuels Stichting Pensioenfonds ABP has now exited all liquid assets in oil, gas and coal. Bloomberg News | May 28, 2024 | 3:50 pm
Copper price: the squeeze has been squoze A deeper copper price correction is likely and a new report makes predictions of $40,000/t seem even sillier than they were a week ago. Frik Els | May 28, 2024 | 11:55 am