September 27, 2023

Climate targets threatened by lack of mining investment: McKinsey

Report reveals looming shortages of minerals key to the energy transition as low commodity prices cause investors and miners to cut spending.

September 26, 2023

Peru is approaching peak copper — for now — as new mines stall

Output from the world’s biggest copper supplier after Chile this year jumped 20% through July from the same period in 2022.

September 26, 2023

Short sellers mount attack on ESG stocks bloated from green hype

Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus.

September 26, 2023

India spat spills over into boardroom of Canadian potash firm

Karnalyte Resources abruptly canceled plans to meet with its Indian board members this week.

September 26, 2023

Peru to keep copper and investments flowing with unrest in check

The blockades that disrupted copper shipments and mine supplies late last year and early this year have been cleared.

September 26, 2023

Codelco to meet obligations as financials deteriorate

The world's largest copper producer will meet its financial obligations despite headwinds from operational problems and high levels of debt and investments, JPMorgan said.

September 26, 2023

Canada sees China as less ‘dependable’ partner on critical minerals, minister says

Canada in 2022 asked three Chinese companies to sell their stakes in Toronto-listed lithium explorers after a national security review.

September 26, 2023

China’s gold imports via Hong Kong bounce back in August

Net imports stood at 39.023 metric tons in August, up 51.4% from the previous month.

September 26, 2023

Glencore bought at least 5,000t of Russian copper via Turkey – report

The Financial Times reported the metal was sold by UAE-based entity Haldivor Energy and exported through Turkey to Italy’s Livorno port.

September 26, 2023

China scoops up cheap Indian iron ore in bid to trim steel costs

Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits.