July 9, 2024

China to launch its first platinum, palladium futures

The Guangzhou Futures Exchange will be the first exchange to allow delivery against its contracts in a form used by the main consumers.

July 9, 2024

Hedge fund Elliott challenges court verdict it lost against LME on nickel

The LME annulled $12 billion in nickel trades in 2022 when prices shot to records above $100,000 a metric ton in a few hours of chaotic trade.

July 9, 2024

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

July 8, 2024

Indonesian group to buy Hillside copper project in Australia for $265 million

Hillside represents the largest permitted and shovel-ready copper project in Australia.

July 8, 2024

Ramp Metals plunges after new gold assays in Saskatchewan

Ramp is betting on a geological trend 30 km southwest of the historical Rottenstone open pit mine.

July 8, 2024

Ukraine war sparks surge in copper demand

Russia's war against Ukraine is increasing the demand for copper, sources told Fastmarkets.

July 8, 2024

Canada’s move to limit mining M&A hurts big metals producers, Scotia says

The new directive suggests that companies including Cameco, Teck Resources, Ivanhoe Mines and Lundin Mining are now off-limits.

July 8, 2024

Chinese alumina producers increase output after surge in prices

Alumina prices have climbed more than 40% this year.

July 8, 2024

Silvercorp acquisition of Adventus hits roadblock

Silvercorp sees potential cancellation of the environmental permit for Adventus' El Domo project as an unmet condition for closing the deal.

July 6, 2024

Canada puts its big miners off limits just as M&A is heating up

Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players.