Copper price plunges as market waits for Shanghai whales’ next move "A lot would depend on the reaction of big Chinese players such as Shanghai Dalu Futures, which has amassed a $1 billion long position." MINING.COM Staff Writer | February 26, 2021 | 10:09 am
Global silver output to rise 8.1% in 2021 – report Global silver production is set to grow at a CAGR of 3.2%, reaching one billion ounces by 2024. MINING.com Editor | February 26, 2021 | 9:46 am
Calibre Mining stock takes hit on management change President and CEO Russell Ball has stepped down, to be replaced by senior VP and COO Darren Hall. MINING.COM Staff Writer | February 26, 2021 | 9:22 am
Copper crunch set to ease with more supply heading to China Starting next month, there’ll be a large number of ships arriving at Chinese ports from Chile and Peru, the nation’s main suppliers. Bloomberg News | February 26, 2021 | 8:49 am
Gold price hits 8-month low as bond yields rise Gold is now in danger of a material move lower, one analyst said. MINING.COM Staff Writer | February 26, 2021 | 8:41 am
Copper price spike stirs alarm over another rush to find substitutes With prices spiking, manufacturers making wires and pipes are looking to aluminum. Bloomberg News | February 26, 2021 | 8:34 am
Musk says nickel price is ‘biggest concern’ for electric-car batteries Tesla CEO said that the company is shifting some cars to a type of battery that uses iron instead. Bloomberg News | February 26, 2021 | 8:24 am
Orocobre forecasts higher lithium prices as market outlook brightens The lithium and borax miner said net loss after tax widened to $29.1 million for the half-year ended Dec. 31, from $18.9 million last year. Reuters | February 26, 2021 | 8:13 am
Indonesia says “ready to fight” EU at WTO over nickel export curbs Indonesia banned ore exports last year to incentivise foreign investors to help develop a full nickel supply chain in the country. Reuters | February 26, 2021 | 8:07 am