June 7, 2024

Iron ore extends gain on easing China demand concern, Fed rate cut bets

China's iron ore imports in the first five months reached 513.75 million tons, a year-on-year rise of 7%.

June 7, 2024

China May rare earth exports jump 36% y/y on restocking

China accounts for 70% of rare earths mining globally and 90% of refined output.

June 7, 2024

Hudbay, unions sign letter of intent for copper project in Arizona

The Copper World mine is expected to produce about 92,000 tonnes of the metal a year for the first decade of its anticipated 20-year life.

June 6, 2024

Manganese X sample passes first phase of EV supply chain testing by US tech firm

The qualification testing is an important aspect of the MOU signed earlier with C4V for a potential manganese offtake deal.

June 6, 2024

B2Gold nets $90 million stake in Versamet after royalty package sale

This new partnership offers B2Gold a chance to see the value in generally unrecognized royalties.

June 6, 2024

Aluminum market set for wave of scrap as industry decarbonizes

Aluminum prices have rallied 11% this year, creating an incentive for recyclers to go out in search of additional sources of scrap.

June 6, 2024

Copper’s spike isn’t justified by fundamentals, Trafigura says

Trafigura has long been one of the copper market’s most bullish voices.

June 6, 2024

New copper fund revives controversial product

Sprott Inc. has launched a $100 million fund that will buy and hold physical copper.

June 6, 2024

Global gold ETFs saw first inflows in a year in May, says WGC

Higher gold prices and inflows drove total assets under management up 2% to $234 billion, the highest since April 2022.

June 6, 2024

Nevada Copper fears shutdown without immediate funding; stock plunges

The miner said it generated lower sales through the ramp-up process in Q4 than previously anticipated, which impacted its financing requirements.