November 29, 2024

Anglo shares rise amid renewed takeover speculation

BHP is now free to relaunch a bid to acquire Anglo, as the six-month standstill mandated by London’s takeover rules has expired.

November 29, 2024

Contango ORE stock plummets as costs rise at Alaska gold mine

The cost rise relates to an overall reduction in the amount of ore being transported annually by approximately 20%.

November 29, 2024

Global aluminum producers seek Q1 Japan premiums of $230-$260

For the October-December quarter, Japanese buyers agreed to pay a premium of $175/t, up 1.7% from the prior quarter.

November 29, 2024

Colombia to set up reserve zones amid miners’ concerns

Designating certain areas as temporary reserve zones will effectively restrict extraction and exploration in those areas, companies warn. 

November 28, 2024

McEwen Copper seeks $2.5bn for Los Azules project in Argentina

Los Azules is due to receive a key environmental permit in four to six weeks, the company said.

November 28, 2024

Trafigura rattles zinc market with huge order for LME metal

Orders to withdraw zinc from warehouses overseen by the exchange have surged by 97,225 tons over the past two days.

November 28, 2024

Blue Moon acquires two brownfield copper projects in Norway for $67m

Blue Moon's CEO said the transactions would "create a new copper-zinc development company located in Tier 1 jurisdictions."

November 28, 2024

LME says to hike fees in 2025 by average of 4.7%

The exchange said there will be no rise in charges for trading on the open-outcry floor.

November 27, 2024

RANKED: Top 20 automakers by EV battery metal spending

Value of the graphite, lithium, nickel, cobalt and magnesium contained in EV batteries is up 38% from the lows struck in January.

November 27, 2024

Gold price ahead of the Thanksgiving weekend

During this period, gold is usually just before forming a short-term top and starting the biggest decline within the final quarter of the year.