Morgan Stanley hires Goldman’s metals and mining head
David Hammond will rejoin Morgan Stanley later this year as a managing director focused on metals, mining and basic materials.
Latest Stories
Judge to hear Mali’s request to reopen Barrick mine under new management
The order would represent a major escalation of a dispute between the country and the Canadian miner.
Ivanhoe almost doubles Makoko copper resource in DRC
Total delineated contained copper in the area now stands at 9.37 million tonnes.
Copper price drops sharply after trade deal bounce
Pullback comes despite Chinese copper inventories falling by 60% in a single month.
MP Materials signs rare earths deal with Saudi Arabia’s Ma’aden
The US miner has signed an MoU with Saudi's state miner to develop a rare earths supply chain in the kingdom.
Cobalt demand to outpace supply by early 2030s, says Cobalt Institute
Cobalt demand is set to hit 400,000 tonnes by the early 2030s, up from 222,000 in 2024.
Scrap copper was piling up in the US. Now it can finally move
A mountain of scrap metal in Salt Lake City that had been growing in recent weeks is finally set to shrink, thanks to the US-China trade truce.
Komatsu achieves autonomous trolley milestone with battery-ready electric drive truck
This achievement marks the first time in the mining industry’s history that power has been transferred to a moving, autonomously operated haul truck via a trolley system.
What a long, strange trip it’s been since Nixon took USD off the gold standard
The chart of SPX and gold shows that volatility was hard-wired into a macro market situation that had been relatively normal prior to August 1971.