Copper price down as China’s yuan falls to lowest since 2008
Analysts at JPMorgan still expect prices to fall in the short term.
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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.
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.
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.
Rusal files London lawsuit against Potanin over Nornickel pact
Rusal filed a lawsuit alleging that Vladimir Potanin, CEO of Nornickel, is in breach of a decade-old deal.
Analysis: Biden’s EV minerals cash fruitless without permitting reform
President Joe Biden last week doled out $2.8-billion to miners developing new US sources of lithium, nickel, copper, and other EV minerals.
UK prosecutors implicate 11 Glencore employees in bribery probe
The commodity trading industry has been dogged by anti-corruption investigations for years, but few individual traders or executives have faced prosecution.
Trafigura and EVelution Energy plan to develop cobalt plant
EVelution Energy is expected to start construction of the plant in Arizona in late 2023.
China’s Sept coal output jumps 12.3% on year, hits record daily levels
The average daily output was equivalent to 13 million tonnes, according to data from the National Bureau of Statistics.
