September 6, 2024

Trafigura’s top China iron ore traders leave group

The departures came after global prices of the key steel-making ingredient tumbled almost 40%.

September 6, 2024

Citi says US election risk to contain metals prices for now

Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says.

September 5, 2024

Gold price holds gain as rate cut hopes rise before US payrolls data

Bullion rose 0.8% on Thursday following a report that showed US companies added the fewest jobs last month since the start of 2021.

September 5, 2024

Chinese lithium producers embrace hedging to manage volatility

Several companies have unveiled their hedging exposure via lithium carbonate futures during the recent earnings season.

September 5, 2024

Copper processing charges could fall further next year, says Cochilco

Cochilco said it expects a deficit of 1.9 million tons of concentrates this year, pushing processing charges to $40 per ton this year.

September 5, 2024

Iron ore price sinks as steel group warns of ‘flash in a pan’ recovery

Iron ore slumped to its lowest level since 2022 and traded near $90 a ton.

September 5, 2024

Perpetua wins key federal decision for Stibnite Gold project, stock soars

The Stibnite project is positioned to be one of the highest-grade open pit gold projects in the US.

September 5, 2024

Indonesia sees nickel price holding near current levels on new plants

An additional 928,000 tons a year of capacity is set to come online within the next three years.

September 5, 2024

Global gold ETFs saw fourth month of inflows in August, says WGC

A stronger gold price and recent inflows pushed the total assets under management to a month-end peak of $257.3 billion in August.

September 5, 2024

First Majestic to expand in Mexico with $970m Gatos Silver buy

Move hands First Majestic a group of high-grade, large silver deposits in the Los Gatos district of Mexico’s Chihuahua state.