June 16, 2021

Iron ore prices fall on increasing supply from miners

Iron ore shipments from Australia and Brazil stood at 26.14 million tonnes last week, up by 1.1 million tonnes from the week earlier, data from Mysteel consultancy showed.

June 16, 2021

Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine

Zijin Mining's mine will have an initial average copper output of 91,000 tonnes a year, before reaching a peak of 135,000.

June 16, 2021

Fading ETF purchases will limit gold demand rise, Metals Focus says

Demand for gold from jewellers and central banks will recover in 2021 but remain below pre-pandemic levels, while buying of bullion by exchange traded funds will fall sharply, consultants said.

June 15, 2021

Cobalt ‘bubble’ will burst, Ivanhoe executive in Congo says

The head of the chamber of mines in the DRC suggests investors focus instead on Congo’s copper.

June 15, 2021

US tariffs on Chinese permanent magnets counterproductive – report

President Biden to create Supply Chain Disruptions Task Force to address supply chain challenges

June 15, 2021

Sterling Metals begins maiden drill program at Sail Pond, shares surge

This drill program will comprise of an initial 7,500 metres with one drill.

June 15, 2021

Iron ore price up as Western Australia calls for reset on China ties

Australia's biggest exporting state on Tuesday urged Canberra to stop antagonizing China, the country's top trade partner.

June 15, 2021

Denison and UEX hash out joint ownership deal for JCU

UEX has agreed to up its offer to acquire JCU to $41 million, with Denison agreeing to pay UEX $20.5 million for a 50% interest.

June 14, 2021

LME CEO hopes ring-dealers will adapt to hybrid pricing system

The head of the London Metal Exchange is hopeful brokers will be able to adapt to a new part-electronic pricing system.

June 14, 2021

Copper price crashes 5% on talk China will release strategic reserves

Beijing may dump state metal stocks on overheating markets and is cracking down on speculation as producer inflation hits 12-year high.