July 18, 2024

UK gold coin sales jump on concerns over Labour’s fiscal plans

While the possibility of a capital gains hike by Labour adds to the coins’ appeal, it’s one of many potential drivers for the Mint’s increased sales.

July 18, 2024

China copper smelters eye more output cuts as raw material supply tightens

CRU predicts a shortage of concentrate feed globally in 2025 at 1.1 million metric tons of copper-in-concentrate.

July 18, 2024

Swiss June gold exports fall to the lowest in more than two years

Gold prices hit a record high of $2,483.60 per ounce on Wednesday.

July 18, 2024

Golden rule: Why younger investors are drawn to gold

Among wealthy investors under the age of 43, 45% own gold as a physical asset.

July 18, 2024

Price of China’s strategic germanium hits record high on possible state buying

China supplies 60% of the world's germanium, which is used in applications such as fibre optic cables, solar cells and infrared technology.

July 18, 2024

Anglo’s sale of De Beers hindered by diamond market state

Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.

July 17, 2024

Paladin Energy aims to crack uranium big league with Canadian takeover

Paladin would churn out 10% of global uranium output after combining production of its Namibian mine with Fission’s Canadian project.

July 17, 2024

Heliostar Metals stock gains on Mexican asset buys

Heliostar aims to reach production of more than 500,000 oz. of gold a year by 2030.

July 17, 2024

China copper smelters plan to cut output after margins fall

The output cuts underscore the industry’s struggle with a shortage of feedstocks caused by recent mine production setbacks.

July 17, 2024

Iron ore majors ramp up supply even as China faces challenges

Iron ore is one of the year’s worst performing major commodities, slumping by almost a quarter as China’s property crisis drags on.