B of A models 2020 nickel demand
Bank of America forecasts global nickel demand could drop by 2.8% year-on-year in 2020, which could result in a nickel surplus of nearly 150,000 tonnes. “Nickel demand has had a…
Glencore plc
Will Canadian miners rise again?
The flurry of M&A transactions last year brought a much-awaited consolidation of the global gold sector. It also brought significant changes to the Canadian mining landscape: Newmont’s (NYSE: NEM) takeover…
Glencore signs five-year cobalt deal with Samsung
Miner and commodities trader Glencore (LSE: GLEN) has signed a five-year deal to supply South Korean battery manufacturer Samsung SDI with up to 21,000 tonnes of cobalt amid an expected…
Commentary: Five things to watch for in battery metals this year
In a January research note on battery raw materials, consultants Wood Mackenzie outlined the main themes to look for in 2020: The following is an edited version of the article….
Editorial: Sustainability tops discussions at Davos
In December, Time named Swedish climate activist Greta Thunberg its person of the year — the youngest person ever awarded the accolade in the magazine’s nearly 100-year history. The 17-year-old…
Editorial: Glencore in the crosshairs
Glencore CEO Ivan Glasenberg said in 2018 that he expected to retire within three or four years. But during an investor day in London on Dec. 3, the South African…
Glencore’s closure of Brunswick smelter won’t impact Caribou, Trevali says
Glencore’s (LON: GLEN) decision earlier this month to permanently close its Brunswick lead smelter in New Brunswick by the end of the year, won’t interfere with the lead concentrate Trevali…
Unrest worsens in Bolivia as Evo Morales steps down
More than 20 people have died in clashes between protesters and security forces in Bolivia since disputed presidential elections in October and the resignation of Evo Morales on Nov. 10….
Mining waste for key metals
Apple is using recycled rare earth elements (REE) in a key component of its newest iPhone 11 models, which hit the market in September. The recycled REEs are employed in…
Falco deal with Glencore key to Horne 5 development
Falco Resources’ (TSXV: FPC) Horne 5 project contains 7 million oz. gold. It might contain just as many questions. Perhaps the biggest one is whether or not Falco will secure…
Glencore to mothball Mutanda
Low cobalt prices and higher taxes under the new mining code in the Democratic Republic of the Congo have combined to make Glencore’s (LON: GLEN) Mutanda cobalt and copper operation…
Metals Commentary: Zinc sentiment staring into the bear pit
Where are zinc prices headed? It’s a question that brings distinctly different opinions and forecasts from the bullish and bearish camps. While zinc’s macro-fundamentals could arguably support more robust prices,…