April 27, 2020

Extended lockdowns to hit copper production

Antamina reported 210 positive cases of covid-19 in Peru and said the date to restart operations is still uncertain.

April 27, 2020

Lockdowns and low prices generate nickel supply shock

Nickel recovered from a four-year low of $10,865 a tonne in March to a current $12,820.

April 27, 2020

Zijin axes expected gold output after losing PNG mine

It plans to speed up the construction of the Longnan Zijin project in China and look into acquisitions to offset the loss of Porgera.

April 27, 2020

Silvercorp to buy Guyana Goldfields in $75m deal

This transaction will create a new globally diversified precious metals producer.

April 26, 2020

China’s Yunnan launches 800,000 T metals stockpiling drive

The funds will be used to cover interests on bank loans taken out for the one-year stockpiling drive, which will include copper, aluminium, lead, zinc, tin, among others.

April 24, 2020

New China EV incentives fresh boost for cobalt, lithium price

Changing habits in China following covid-19 could add further stimulus but new EV subsidy rules could prove headache for Tesla in China.

April 23, 2020

Cobalt price, nickel usage limit damage to EV Metal Index

Value of cobalt, nickel, graphite and lithium in newly-sold electric cars hold up despite impact of covid-19 as EV industry focus shifts to Europe.

April 23, 2020

China’s EV battery sector frets over supply

China’s two biggest lithium suppliers, Tianqi and Ganfeng, have both issued profit warnings recently.

April 23, 2020

China’s long-term need for LNG still huge; short-term demand uncertain due to covid-19

China’s shift from coal is being driven primarily by its air pollution crisis.

April 23, 2020

MMG copper output sinks on Peru force majeure

Production declined 20% in Q1 due mainly to disruptions at its Las Bambas mine in Peru.