MINING.COM

LME seeks to move on from nickel crisis as traders return

It’s been 19 months since Matthew Chamberlain responded to a runaway short squeeze by suspending the world’s benchmark nickel market and cancelling $12 billion of trades.

Bloomberg News | October 7, 2023 | 11:42 am

Copper Study Group expects big supply surplus in 2024

Production is forecast to exceed usage by 467,000 metric tons in 2024, a significant upward revision from the expected 297,000 metric ton surplus from April.

Reuters | October 6, 2023 | 11:54 am

Nickel debacle casts long shadow as industry masses in London

Numbers arriving in London for LME Week return to 2019 levels.

Reuters | October 6, 2023 | 8:08 am

US, UK and partners working on 15 critical minerals projects

The Minerals Security Partnership (MSP) formed last year by 14 governments aims to ensure adequate supplies of minerals such as lithium and rare earths to meet zero-carbon goals.

Reuters | October 5, 2023 | 12:24 pm

Lundin scion leads group raising $500 million for mining fund

Nordic Natural Resources Capital will take “sponsorship” stakes and invest in mining companies at development or construction phases of their projects.

Reuters | October 5, 2023 | 11:49 am

Column: INSG forecasts a third consecutive year of nickel surplus

Global nickel production will outpace demand to the tune of 239,000 metric tons next year, according to the study group.

Reuters | October 5, 2023 | 10:40 am

Aurubis to keep European copper premium at record high next year

The company has told customers it will keep the surcharge at $228 a ton, ahead of the start of annual supply negotiations next week.

Bloomberg News | October 5, 2023 | 9:29 am

Column: Funds sell copper as technical picture deteriorates

Investors on both sides of the Atlantic have been shifting positions in response to a potential downside break of a range that has defined the price action this year.

Reuters | October 4, 2023 | 3:56 pm

Ranked: The world’s top diamond mining countries, by carats and value

Only 22 countries in the world engage in rough diamond production.

Visual Capitalist | October 4, 2023 | 9:00 am

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Pressure on gas and LNG prices to help switch from coal, says JP Morgan

Hochschild keeps production targets, dividend resumption uncertain

World’s biggest energy traders are returning to metals markets

Five Eyes countries working to fight critical minerals dumping, Canada minister says

ESG Watch: Why climate change is leaving mining firms between a rock and a hard place

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