June 19, 2020

Trillion-dollar US plan will draw in plenty of metal

A global infrastructure spending push would mean a lot more energy metals will need to be mined.

June 19, 2020

Altura inks lithium supply contracts with Ningbo Shanshan

The Australian miner would supply a minimum of 60,000 tonnes of the metal.

June 18, 2020

Gold price dips as Beijing claims virus cases contained

Spot gold dropped 0.1% after rising to a near one-week high earlier in the day.

June 18, 2020

Shandong Gold to buy Cardinal Resources for $221 million

The deal continues a recent M&A flurry by Chinese gold firms.

June 17, 2020

Energy demand growth was slowing before covid-19, says BP

The oil major’s annual Statistical Review showed that growth in primary energy consumption slowed to 1.3% in 2019.

June 16, 2020

Copper blind-sided by the strength of Chinese recovery

Mine closures have grabbed the headlines but the bigger supply disruption has taken place in the copper scrap sector.

June 16, 2020

Barrick sells majority stake in Shandong for $210 million

Both companies have been partners in the Veladero mine in Argentina.

June 16, 2020

Tesla strikes deal to buy cobalt from Glencore for EV plants

The deal could involve Glencore supplying as much as 6,000 tonnes of the metal a year for lithium-ion batteries.

June 15, 2020

Gold and iron ore are doing equally well. Their miners are not

Shares in Rio Tinto are down 4.8% so far this year. Stock in BHP is down 9.6%.

June 15, 2020

Gold price slumps despite fears of second virus wave

Spot gold fell 0.7%, while US gold futures declined 0.6%.