Glencore’s Glasenberg says China can’t cool commodities for long
“I think that’s a short-term game because the underlying fundamentals will keep it at these levels,” the Glencore boss says.
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Bonterra shares advance on key resource updates
The M&I and inferred resources for the Gladiator, Barry and Moroy deposits increased 78% and 27%, respectively.
Bulking up battery sector may add billions to Australian economy
Adding more capacity to refine metals into specialist chemicals or materials and building expertise in manufacturing lithium-ion cells or battery packs, would enable the battery industry to contribute about A$7.4 billion to the nation’s economy by 2030.
Gold miners need to get greener to meet 2030 emissions targets — report
Wood Mackenzie plots the forecast progress of gold miners out to 2030 against the reduction in emissions required to align with the 2°C and 1.5°C targets.
Fed’s liquidity circus and gold
While the gold, silver and mining stocks remain ripe for a short-term rally, their medium-term outlook remains extremely treacherous.
Abu Dhabi’s Mubadala buys 2.6% of Russia’s En+ Group
En+ Group owns 56.9% in aluminium producer Rusal.
Vizsla’s Napoleon vein hits 898 g/t silver equivalent at Panuco
Vizsla says the results allow it to trace the Napoleon vein to over 950 metres of continuous mineralization.
Newmont sets GHG limits in first climate strategy report
Newmont has set its 2030 greenhouse gas (GHG) emissions 32% lower for Scope 1 and 2, and a further 30% lower for Scope 3.
Copper price keeps soaring despite China’s attempt to cool rally
The release of state metal reserves is one of a number of attempts by Beijing to cool a stellar rally in commodity prices that has squeezed manufacturers’ margins.
