Copper, gold prices close in on records as metals mayhem continues

Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and bearish bets unravel.

Bloomberg News | May 17, 2024 | 9:52 am

Aluminum group steps up call on EU to bar imports of the Russian metal

Rusal said the main victims of such measure would be the European consumers.

Reuters | May 17, 2024 | 7:27 am

US lukewarm on G7 Russian diamond ban after industry backlash

Ban aims to curb another revenue stream for Russia.

Reuters | May 17, 2024 | 7:21 am

Green chemistry process helps recover noble metals from e-waste

Researchers developed sustainable dissolution methods for extracting noble metals from computers, cell phones, and solar panels.

Staff Writer | May 17, 2024 | 6:06 am

Anglo American’s battle with BHP worries a corner of England

Anglo will scale back investment in the Yorkshire mine, which employs about 2,000 people from one of the UK’s highest unemployment rate areas.

Bloomberg News | May 17, 2024 | 4:25 am

BHP needs to bid about $41 a share for Anglo, JPMorgan says

Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company.

Reuters | May 17, 2024 | 4:03 am

Zijin Mining to produce 50% more copper by 2028

China's top copper producer plans to increase output of the metal by 4% in 2025 and to 1.5.-1.6m tonnes, or 50%, in four years.

Cecilia Jamasmie | May 17, 2024 | 3:56 am

LME warehouse queue returns after jump in aluminum orders

The cancellations come after more than 600,000 tons of aluminum was delivered into Port Klang in the past week.

Bloomberg News | May 16, 2024 | 9:53 am

Anglo American has sought fertilizer partners for months, says CEO

Woodsmith, on which the miner announced a $1.7 billion writedown a year ago, has the world's largest known deposit of polyhalite.

Reuters | May 16, 2024 | 9:46 am

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