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Nickel: LME seeks to overcome crisis as traders return
The chief executive officer (Matthew Chamberlain) of the London Metal Exchange (LME) says he is optimistic that the exchange is beginning to overcome the nickel crisis that threatened to sink it. It has been a turbulent 19 months since Matthew Chamberlain reacted to a...
Gold: attack on Israel increases appeal for safe haven assets
The violence in Israel that erupted over the weekend is prompting investors to buy safe-haven assets as they assess the geopolitical risk weighing on markets. On Saturday, gunmen from the Palestinian group Hamas entered Israel in an unprecedented attack. Western...
Copper: Copper Study Group predicts a large supply surplus in 2024
The copper market will move from supply-demand balance in 2023 to a large supply surplus next year, the International Copper Study Group (ICSG) said after its meeting in Lisbon this week. Production is expected to exceed utilization by 467,000 metric tons in 2024, a...
Tin: Cornish Metals aims to make Europe a key player in production
For years, Europe's tin price index has depended largely on foreign supply. However, Vancouver-based Cornish Mining plans to start mining groundwater from its South Crofty tin project as early as October. The company is currently preparing its mine water treatment...