June 17, 2021

BHP to pick port ahead of Jansen potash mine decision

Before choosing whether to spend a further $5.7bn to bring Jansen into production, BHP is looking into what port it would use to ship the fertilizer ingredient.

June 16, 2021

Copper price and China reserves: sell on rumor, buy on fact

Beijing confirmed the release of state reserves for the first time in a decade to cool metals markets, but copper prices rose more than 1% on the news.

June 16, 2021

Cobalt supply must double by 2030 to meet demand – Trafigura exec

Total supply of cobalt in 2020 was 126,500 tonnes, according to consultancy Benchmark Mineral Intelligence.

June 16, 2021

Companies with $2.1 trillion of debt face natural capital risks

Moody’s says companies in 12 sectors, including mining, oil and gas, and shipping, have “high” or “very high” exposure to natural capital risks.

June 16, 2021

Nouveau Monde launches public offering, private placement to raise nearly $100m

Net proceeds would be used towards the development of the Matawinie graphite property and li-ion battery anode plant.

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