About 3,000 workers laid off at Peru’s Las Bambas as mine shutdown drags on Las Bambas, one of the world's largest copper mines, was forced to halt operations in April due to protests from neighboring indigenous communities. Reuters | June 2, 2022 | 11:49 am
How a cheap component could help kill off combustion cars The humble wire harness has become an unlikely scourge of the auto industry. Reuters | June 2, 2022 | 11:28 am
BofA identifies the prime causes of violent metal short squeezes LME inventories and non-commercial futures positioning are the primary drivers of metals short squeezes. Henry Lazenby | June 2, 2022 | 11:02 am
Wesdome cuts new high-grade mineralization at Kiena gold mine in Quebec Highlights from the drill results included 50.7m, with an estimated true width of 5.5m, grading 92.11 g/t gold. Staff Writer | June 2, 2022 | 10:09 am
Chinese warehouses check metal inventories as traders cry foul Regular operations in at least three Chinese warehouses have been suspended to check on-site metal inventories. Bloomberg News | June 2, 2022 | 10:00 am
Chile open to all paths to lithium mining, minister says Chile's mining minister Marcela Hernando said the government is not opposed to tenders for lithium. Reuters | June 2, 2022 | 9:47 am
Gold price rises on dollar slump, weak private payroll data Spot gold rose 1.3% to reach its highest in nearly a month. Staff Writer | June 2, 2022 | 9:33 am
Copper price scales $10,000 on Chinese stimulus, lockdown reprieve China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies to revive its pandemic-ravaged economy. MINING.COM Staff Writer | June 2, 2022 | 9:10 am
Stellantis secures lithium supply from California for EV batteries Controlled Thermal Resources (CTR) will supply the owner of Jeep and Peugeot with up to 25,000 metric tons per year of lithium hydroxide. Reuters | June 2, 2022 | 8:17 am