Zinc inventories in LME warehouses jump 64% in two days
The metal price rose on Friday after hitting its lowest since July 2020 on Thursday.
Latest Stories
Codelco and SQM to meet next week to discuss state control
The two companies have outlined the main topics of negotiation and agreed to meet regularly.
Glencore’s shareholder opposition to climate report grows
Just over 30% of the miner's investors demanded more clarity on how it will meet its commitments to cut emissions.
EV battery leader CATL joins BYD, Tesla to tap solar’s boom
The moves come as the world is on track to install a record number of solar panels this year.
Mining People: A.I.S. Resources, Avalon, First Phosphate, Hercules Silver, Newmont, Solstice Gold
Key moves in the mining sector.
Contango ORE confirms Kinross’ cost guidance for Manh Choh project in Alaska
Production is expected to commence at Manh Choh in the second half of 2024.
China, Congo presidents meet in Beijing amid mining disputes
The governments agreed to conduct regular reviews of their cooperation in the mining industry and address related disputes through “friendly negotiations.”
Hedge funds bet against copper for first time in three years
LME data this week showed investment fund positioning in copper flipped to a net short — the first since June 2020.
Metals markets face grueling summer as Chinese demand falters
Copper has dived below $8,000 a tonne and iron ore is trading south of $100.
