February 7, 2025

China starts pilot project allowing insurance funds to invest in gold

The world's biggest bullion consumer will allow some of its insurance funds to buy gold for medium- and long-term asset allocations.

February 7, 2025

Anglo American nears De Beers spinoff

Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond miner.

February 6, 2025

BOE says tariff premium is fueling clamor to withdraw gold

Tariff worries have led to premiums in the New York market and weeks-long queues to withdraw metal from the BOE.

February 6, 2025

Column: Another cobalt bust but this time it’s different

The cobalt market is no stranger to boom and bust cycles but the current downturn is unprecedented and no-one is sure how long it's going to last.

February 6, 2025

Anglo American to review De Beers value amid weak diamond demand

De Beers rough diamond production decreased by 26% to 5.8 million carats in 2024.

February 6, 2025

Cochilco expects copper price to be $4.25/lb through 2026

Chile's state copper commission raised its 2025 price to $4.25 from $3.85 last May.

February 6, 2025

Critical Metals announces $22.5m financing, shares plummet

Critical Metals will issue 4.5 million shares with an offer of $5.00 per share, a significant discount (over 43%) to its opening price Thursday.

February 6, 2025

US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close

Nippon Steel's bid for US Steel was blocked last month by then-US President Joe Biden.

February 6, 2025

Citi sees gold soaring to $3,000 on tensions triggered by Trump

“The gold bull market looks set to continue under Trump 2.0,” the bank said.

February 5, 2025

Financial industry groups raise concern on LME’s OTC trade plans

The LME wants its members to transact OTC trades of up to 10 lots, equivalent to 250 tonnes of copper, on its Select trading system.