September 17, 2024

Goldman says gold may dip if Fed opts for quarter-point cut

The precious metal has been one of the strongest performing major commodities this year.

September 17, 2024

BHP warns AI boom would worsen copper shortage

Growth of data centres and AI could boost copper demand by 3.4 million tonnes a year by 2050, CFO Vandita Pant said.

September 17, 2024

Winsome Resources confirms Canadian lithium project’s potential

Repurposing existing infrastructure at the past-producing Renard diamond mine seems the best option for the Adina lithium project in Quebec.

September 16, 2024

Asian trader spars with broker over nixed London nickel trades

The suit also centers on the LME’s unprecedented decision to suspend the nickel market and cancel billions of dollars in trades.

September 16, 2024

Pasofino Gold receives $75 million cash offer

Upon approvals, the parties expect to enter into a definitive agreement in the fourth quarter of 2024, Pasofino said.

September 16, 2024

Gowest Gold preps to go private as Chinese investors hold almost half of shares

The move coincides with some Canadian junior companies expressing frustration with the federal government for stymieing foreign investment in critical minerals.

September 16, 2024

Gold price sets new record as Fed rate cut decision looms

Spot gold climbed as much as 0.5% to an all-time high of $2,589.70/oz.

September 16, 2024

Ex-Glencore trader plots return but says compliance is a turnoff

Sebastien Le Page, who worked at Glencore for 18 years before retiring in 2015, said that the current state of the copper market had piqued his interest.

September 16, 2024

Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut

The bank cited market oversupply even though demand from top consumers in China is stabilizing.

September 13, 2024

Column: Tin supply chain tightens after key mine’s long absence

It's been just over a year since the Man Maw tin mine in Myanmar, one of the world's largest sources of the strategic metal, halted production.