Home: China’s super-charged buying reshapes the copper market China’s net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records. Reuters | May 5, 2021 | 8:04 am
London Metal Exchange trading revenues fall 17% in Q1 2021 Traders who use the exchange attributed the drop in volumes and revenue to the closure of Europe’s last open-outcry trading floor, or ring, last year. Reuters | May 5, 2021 | 7:45 am
Commodity funds lure record inflows as economies reopen Base metals such as copper and aluminum have surged as governments spent more money on green projects. Reuters | May 5, 2021 | 7:34 am
Chile’s March copper production mixed with drop at Escondida The world's largest copper mine saw a drop in production for the eight month running, with a decline of 11.7% year-on-year to 89,900 tonnes. Reuters | May 5, 2021 | 7:20 am
Iron ore to displace soybeans as Brazil’s main export earner Brazil's iron ore export revenues are set to surge 60% this year. Reuters | May 5, 2021 | 7:15 am
Chilean mining chief warns royalties bill in current form ‘akin to expropriation’ Chile has seen a number of initiatives aimed at extracting more value from its mining industry. Reuters | May 5, 2021 | 7:11 am
No longer dirty? EU leaders want to challenge perceptions of lithium mining Spain hopes to develop an ambitious cross-border lithium project with Portugal. Reuters | May 5, 2021 | 7:05 am
Barrick Gold profit beats expectations as copper, gold prices surge The gold giant reported a 78% jump in first-quarter profit. Reuters | May 5, 2021 | 7:02 am
Lucapa sells $1.5 million worth of Mothae diamonds The 3,617 carat parcel of rough diamonds was sold for $420 per carat. Cecilia Jamasmie | May 5, 2021 | 7:01 am