Record copper price signals accelerating race for supplies Analysts at Citi estimate refined copper production at 26.9 million tons this year, indicating a 308,000 ton deficit. Reuters | January 5, 2026 | 9:32 am
Suspected jihadists attack Mali’s Morila mine Armed men on Saturday attacked the mine, for which US-based Flagship Gold signed an investment agreement last year. Reuters | January 5, 2026 | 9:25 am
Gold price rises to weekly high on US-Venezuela fallout Spot gold hit a one-week high of $4,455.42 per ounce, about $100 shy of its record high. Staff Writer | January 5, 2026 | 9:17 am
Petrobras to supply Vale’s Minas Gerais operations with S10 diesel The commercial partnership with Vale is part of Petrobras' strategy to get closer to end consumers. Reuters | January 5, 2026 | 8:45 am
Andurand’s hedge fund pared 2025 loss to 40% on metals rally With no set risk limits, Andurand’s Discretionary Enhanced fund often sees double-digit gains and losses. Bloomberg News | January 5, 2026 | 8:38 am
Sprott kicks off new year with 100,000-lb uranium buy The market value of its uranium totals $6.13 billion. Blair McBride | January 5, 2026 | 8:21 am
Largo receives $56M term sheet for iron ore calcine stockpiled at Brazil mine The term sheet provides for a multi-year contract to sell 4.5 million tonnes of iron ore calcine. Staff Writer | January 5, 2026 | 8:19 am
Copper price hits new record of $13,000 in London Benchmark futures on the London Metal Exchange rallied as much as 4.3%. Staff Writer | January 5, 2026 | 7:33 am
China’s iron ore starts new year higher on strong demand, tight supplies Chinese iron ore prices are being underpinned by steelmakers restocking ahead of the Lunar New Year holiday in February. Reuters | January 5, 2026 | 6:56 am