Hedge funds are hoarding cobalt amid battery metal slump
Cobalt futures trading has taken off on CME Group’s Comex exchange, creating a way for traders to hedge their physical positions in the newly liquid futures market.
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Russian diamond producer Alrosa buys big gold deposit from Polyus
For the world's biggest diamond producer, the move marks a deeper push into gold.
Shares in China rare earth producers rise after new regulations
Beijing announced regulations aimed at protecting supplies of the strategic minerals in the interest of national security, a move some in the market said could potentially tighten supply.
Iron ore price at almost 2-week high on better China data, stimulus hopes
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 2.5% higher.
Lake Resources to cut more than 50% of global workforce
Last week, the lithium developer said that it is laying off staff and selling assets.
Southern Copper to restart development of Peru mine on Monday
The Tia Maria mine has been on hold for years amid community opposition over fears of the mine's environmental impact.
B2Gold invests in Yukon-focused explorer Prospector Metals
The gold major has taken up a 9.99% equity position in Prospector to support its exploration at the ML project in Yukon.
Metals firms ‘confused’ by ESG regulations but hope for future price premium
"There's no unified ESG standard for us to follow," said Bryce Lee, a director at China's Huayou Cobalt.
Anglo American battles underground fire at Australian coal mine
It is the same mine where an explosion in May 2020 critically injured five workers.
