October 2, 2024

LME monitors tightness in aluminum market after spike in spread

The premium of LME October aluminum over November hit $18 a tonne on Wednesday from a premium of $5.85 about three weeks ago.

October 1, 2024

Aluminum squeeze rolls on with key LME spread spiking again

The October monthly contract traded at a $22 premium to November on Tuesday, hitting a new high after the spread jumped by more than $9 the previous day.

October 1, 2024

QC Copper bolsters resource base with acquisition of Thierry project

The acquisition of Culprum and its Thierry project, says QC, would potentially increase the company's current copper resource base by 70%.

October 1, 2024

Gold price rally cripples physical demand in key markets

Analysts hope that another crucial category of demand, physically backed gold exchange-traded funds, will see more activity in coming months.

October 1, 2024

Eros Resources to merge with Canadian mining rivals

Eros would merge with MAS Gold and Rockridge Resources to develop copper and gold projects in the province of Saskatchewan.

October 1, 2024

Wyloo to sell its low-carbon metal on Metalshub platform

In March, Wyloo said that if the LME failed to launch a green nickel contract, the industry would have to look for another trading venue.

October 1, 2024

Firms substituting cheaper aluminum for copper, trend growing

Currently, the price of copper is 3.8 times that of aluminum.

September 30, 2024

Aluminum spread jumps again as traders eye Trafigura position

Traders are also focusing on a single large long position in the October aluminum contract, which is held by Trafigura.

September 30, 2024

Investors’ allocation to metals sector seen growing

Some investors who already have energy transition equities in their portfolio could benefit from having metals as a hedge for those stocks, one analyst says.

September 30, 2024

Column: Study Group has a sobering message for copper bulls

There's no shortage of copper, according to the International Copper Study Group (ICSG), which has just updated its supply and demand forecasts.