Chinese lockdowns dragging aluminum prices down, no respite before H2 — report Fitch notes strong downside risks as strict Chinese lockdowns pose a strong threat to demand for the metal in 2022. Staff Writer | May 19, 2022 | 1:24 pm
ESG to decide winners-losers in mining, says Friedland "Companies that get it right will inherit the industry. Companies that don’t, will die.” Bloomberg News | May 19, 2022 | 10:12 am
BOE gold trades at rare discount in sign of central bank selling The Bank of England’s vaults contain 5,676 tonnes of bullion, one of the largest stockpiles in the world. Bloomberg News | May 19, 2022 | 10:07 am
Gold price rallies to weekly high as both dollar, yields dip The recent retreat in gold prices has helped its appeal among investors as they continue to seek safety from riskier assets, an analyst said. Staff Writer | May 19, 2022 | 9:52 am
Copper price rebounds as China eases covid restrictions “Sentiment had been buoyed by hopes that China is making progress towards an exit from strict lockdowns,” commodity strategists at ANZ said. MINING.COM Staff Writer | May 19, 2022 | 9:25 am
Colombia’s mining income to hit record in 2022 – industry group If the forecast proves correct, Colombia's income from mining would jump 69% this year from the previous 2021 record. Reuters | May 19, 2022 | 8:10 am
SQM profit soars on high lithium prices Chile, the world's largest producer of lithium, has profited from the rising global demand for electric vehicles. Reuters | May 19, 2022 | 7:54 am
In Chile’s Atacama, lithium mining stirs fight over flamingos Flamingo numbers are falling, with a new study linking this to the water extracted by mining firms to pump up brine filled with lithium. Reuters | May 19, 2022 | 7:35 am
Foxes add to Gold Fields headaches in Chile Environmental regulator has asked Gold Fields to implement four “urgent” and “transitory” measures following the death of three specimens of culpeo fox in the area. Cecilia Jamasmie | May 19, 2022 | 6:55 am