May 13, 2022

Aluminum inventories hit a record low and bears didn’t blink

The mood in metals markets has shifted dramatically in the past few weeks.

May 13, 2022

LME targets off-exchange trades as nickel chaos spurs reform

The London Metal Exchange plans to force members to regularly report details of their over-the-counter metals positions, substantially expanding its market surveillance capabilities.

May 13, 2022

Copper stocks are building again, weighing on prices

Copper prices dropped to 8-month lows this week and a new report says headwinds for the bellwether will only get stronger over the rest of the year.

May 13, 2022

Nornickel is first Russian firm to get OK to keep listing abroad

The approval has been needed since President Vladimir Putin April signed a bill requiring Russian companies to delist their depositary receipts abroad.

May 13, 2022

Largest white diamond ever auctioned goes for $21.5 million

The egg-sized white diamond dubbed “The Rock” is said to be the largest of its kind to ever go under the hammer.

May 12, 2022

Hochschild Mining earmarks $200m to build gold mine in Brazil

Posse gold mine is expected to produce 102,000 ounces of gold per year in the first four years, dropping to 84,000 ounces after that.

May 12, 2022

Cobalt tops Critical Materials Risk Index

In addition to ESG risks linked to its extraction, cobalt is at the top of the list because only two countries are in charge of producing and refining the battery…

May 12, 2022

This London start-up has a cheaper way to suck carbon from the air

Mission Zero, which uses simple chemistry and equipment to suck planet-warming carbon dioxide out of the air, just got a $5m injection.

May 11, 2022

Pentagon asks Congress to fund mining projects in Australia, UK

US DOD called proposal crucial to national defense.

May 11, 2022

Barrick ramps up mine stocks to weather supply chain storm

Barrick Gold has nearly doubled its inventory of some key supplies at mines, CEO Mark Bristow says.