August 21, 2023

Race for moon resources has begun, says Russia’s space chief after failed lunar mission

Russia's Luna-25 spacecraft spun out of control and crashed into the moon on Saturday after a problem preparing for pre-landing orbit.

August 21, 2023

Russian miners, Chinese investors interested in Polymetal’s Russian assets – FT

CEO said that the company intends to sell assets within six to nine months.

August 18, 2023

Column: Trickle of LME zinc deliveries turns into a flood

Zinc stocks have more than doubled to 145,975 metric tons over the last month and are now at their highest level since February 2022.

August 17, 2023

China’s low copper inventory data belie sufficient supply

Chinese copper stocks readily available in the spot market totalled 82,600 tonnes on Aug. 14, up 17.5% year-on-year.

August 17, 2023

China’s jewelry purchases could be a weak spot for gold demand

Jewelry sales in China in July contracted 10% year-on-year.

August 17, 2023

Codelco at risk of insolvency as debt grows, CESCO report says

Cost overruns on projects to upgrade five mines could mean its debt is likely to reach $30 billion by 2030 from $18 billion now.

August 16, 2023

Chile’s president brings back Williams as mining minister in cabinet reshuffle

Aurora Williams, who will replace Marcela Hernando, held the same position during the 2014-18 administration of former President Michelle Bachelet.

August 16, 2023

A year into Biden’s climate agenda, the price tag remains mysterious

Organizations like Bloomberg Green put a price tag of about $370 billion on the climate-spending measures.

August 16, 2023

Citi buys large amounts of zinc for lucrative LME warehouse deal

Much of the zinc going on LME warrant was sold into the system by Trafigura and Glencore.

August 15, 2023

Column: China’s iron ore imports may hold up despite gloomy economy

The Chinese central bank cut policy rates on Tuesday, the second reduction in three months.