November 27, 2024

Zinc price rises as orders to withdraw metal from LME warehouses surge

Zinc extended gains into a third session as orders to withdraw stockpiles from LME warehouses hit the highest in more than seven years.

November 27, 2024

Anglo American raises $530 million from Amplats stake sale

Anglo announced plans to exit its controlling stake in Johannesburg-listed Amplats in May.

November 27, 2024

Iron ore price advances as China’s stronger steel production outweighs its soft data

Demand remains soft in the crisis-hit economy, with consumer prices at a four-month low.

November 26, 2024

Aluminum, steel most exposed metals to Trump tariffs, Citi says

A 25% tariff as announced by Trump on Monday would likely cause steel prices to rise by $100 to $150 a short ton, the analysts said.

November 26, 2024

Making the most of declining junior miners

Miners are underperforming gold despite getting support from the stock market.

November 26, 2024

Macquarie fined by UK after metals trader books false trades

The firm’s London metals desk was able to book 426 fictitious trades to conceal his losses for almost two years.

November 26, 2024

Trump’s tariff threat to top trading partners roils markets

Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada.

November 26, 2024

Anglo sells more Amplats shares ahead of spinoff of platinum unit

The total offering size is about $535 million, according to a bookrunner.

November 26, 2024

Platinum market faces third consecutive deficit in 2025, WPIC says

Platinum market deficit will be lower in 2025 than 2024, WPIC says.

November 26, 2024

Saudi Arabia secures $9 billion in new mining deals

Investment agreement is one of nine metals and mining deals, totalling over $9 billion, signed by Saudi Arabia with global mining companies.