Mystery buyer helped fuel nickel squeeze with $600 million bet
The mystery buyer represented 13% of net buying in the market on March 7, according to the Oliver Wyman report.
Latest Stories
Surging molybdenum price adds weight to new year rally for copper producers
Copper mining byproduct molybdenum is up more than 50% in a little over a month, boosting margins for producers.
Lundin Gold stock rises as it beats production guidance for second straight year
Total gold production was 476,329 oz. for the year, exceeding the high end of the company's 2022 guidance of 460,000 oz.
LME to decide nickel reforms by end of first quarter
Months after turbulence highlighted shortcomings in LME oversight, the nickel contract remains broken.
Dynasty Gold shares hit new high on best assays to date from Thundercloud property
One hole intercepted 7.35 g/t gold over 51 metres from 88.5 metres, which represents the longest intercepts with the highest gold grades to date.
Column: China’s easing of Australian coal ban is symbolic, not market-shifting
One of the questions is whether Australian coal miners can compete on price with Russian thermal supplies.
Column: New fund friends will find lead in unusually lively mood
Lead has just joined the commodity A-list, bringing a new set of players.
North America’s top mining CEOs anticipate turbulent year ahead
"I don’t think anywhere is perfectly safe to invest right now," said Barrick Gold CEO Mark Bristow.
India’s foray into the EV battery market lacks some key ingredients
The government has unveiled incentives of at least $3.4 billion to expedite its lagging adoption of EVs.
