Short squeeze fears grip tin as LME says it’s watching market
Tin's 25% advance in 2024 puts it well ahead of more closely-watched commodities like copper or crude oil.
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Zambia copper mines hit by state utility’s warning of power cuts
The southern African nation, which relies on hydropower for 85% of its electricity generation, is experiencing rolling blackouts amid an ongoing drought.
Global silver deficit to rise in 2024 due to higher demand, lower supply
The global silver deficit is expected to rise by 17% to 215.3 million troy ounces in 2024, according to the Silver Institute.
Antofagasta’s Q1 copper output down 11% yr/yr
The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons.
Rio Tinto to favour development over acquisition of copper mines — exec
Copper boss Bold Baatar says Rio's goal of producing 1 million tonnes of the metal annually within the next five years will be achieved through organic growth.
Shares in two Australian miners surge on government loans
The Australian government will provide a combined A$585 million to Alpha HPA and Renascor Resources.
Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates
Mine depletion in its Yandicoogina mine in Western Australia contributed to the fall in shipments.
Gold price holds near record as traders overlook delayed cuts scenario
The precious metal remains in a weeks-long uptrend as investors seek safety amid growing geopolitical tensions.
Vale’s iron ore output up 6% in first quarter, sales jump
Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons.
