Glencore, Trafigura target spot prices for mined copper sales, sources say The traders are pushing Asian smelters to accept low spot prices for turning their mined copper into metal this year, as opposed to industry benchmarks. Reuters | January 18, 2024 | 9:17 am
Column: Surging exchange stocks pile the pressure on nickel Nickel was the worst performer among the London Metal Exchange's base metals last year. Reuters | January 18, 2024 | 9:15 am
Fortuna produces record AuEq ounces in 2023, but faces silver decline, higher costs Silver production, however, saw a 15% decline due to decreased production at the San Jose mine Mexico. Staff Writer | January 18, 2024 | 9:03 am
Saudi Arabia flags commodity trading ambitions with DME stake The owner of Saudi Arabia’s stock market has acquired a 32.6% stake in the Dubai Mercantile Exchange. Bloomberg News | January 18, 2024 | 7:51 am
India’s NMDC says it has no plans to export iron ore to China The country's largest state-owned iron ore miner is scaling up production to meet domestic demand. Reuters | January 18, 2024 | 7:44 am
Canada gives mineral-rich Arctic region of Nunavut control over its resources Nunavut is home to some of the minerals critical for battery production. Reuters | January 18, 2024 | 7:41 am
Gold-based sensor helps detect ‘forever chemicals’ in water A new gold-based sensor is able to detect pollution from 'forever chemicals' in water through luminescence. Staff Writer | January 18, 2024 | 6:06 am
Former Fortescue execs launch green iron start-up The Australia-based green materials platform company, Element Zero, has raised $10 million in seed funding. Cecilia Jamasmie | January 18, 2024 | 5:59 am
Uganda grants Ionic licence to mine rare earths Permit for the Makuutu heavy rare earths project is the first large scale mining licence awarded in the East African nation. Cecilia Jamasmie | January 18, 2024 | 3:39 am