October 24, 2022

Brokers balk as nickel tycoon seeks to add to LME short position

Tsingshan is talking to brokers about starting to increase its position on the London Metal Exchange as a hedge for its own nickel output.

October 24, 2022

China’s billion-dollar cash-for-copper trade grinds to a halt

The Chinese copper market is at its tightest in more than a decade as traders pay massive premiums for immediate supplies.

October 24, 2022

Copper buyers want longer-term deals on supply concerns, Codelco says

The Chilean state-owned company recently signed some contracts for three to five years with customers in Europe, in contrast to the more standard annual deals.

October 24, 2022

Copper price down as China’s yuan falls to lowest since 2008

Analysts at JPMorgan still expect prices to fall in the short term.

October 24, 2022

Pure Gold places Ontario mine on care and maintenance due to cash constraints, stock crashes

The company says the mine has yet to achieve consistent positive site-level cash flows.

October 24, 2022

Global lead, zinc market to be in deficit for 2022, 2023 – ILZSG

Global refined lead and zinc markets are likely be in a deficit in both 2022 and 2023, the International Lead and Zinc Study Group said on Monday.

October 24, 2022

Copper tech firm Jetti raises funds at $2.5 billion value

Jetti tapped existing investors as well as new backers at a valuation that’s about double its last raise.

October 21, 2022

Gold Fields acquisition target Yamana assets valued at $6-$8 billion – CIBC

An independent evaluation by CIBC has put Yamana's mineral assets at between $6 billion and $8 billion, in line with Gold Fields' initial offer price.

October 21, 2022

De Beers to offer sweeter terms as diamond market shows strain

De Beers has told customers in a memo that it would be doubling the size of its so-called buyback process.

October 21, 2022

Vale CEO says miner will spin off copper, nickel unit

Rather than selling all or part of it, the company is now looking to separate and ring-fence the copper and nickel unit from the iron ore business.