June 27, 2024

Lithium producers bullish on long-term demand despite recent price drop

Oversupply from China and a softening of aggressive EV adoption rates has dragged lithium prices down more than 80% in the last year.

June 27, 2024

Dakota Gold receives $6 million investment from Orion

Orion is also considering making a further equity investment that could increase the total proceeds to $8.8 million.

June 27, 2024

London Metal Exchange mulls adding warehouse in Hong Kong

The LME is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China.

June 27, 2024

Petra Diamonds cuts targets and costs in tough market

Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million.

June 26, 2024

Andurand ditches famed oil trades for copper and cocoa

The pivot comes as the firm recovers from a record loss last year, ending a three-year winning streak.

June 26, 2024

Sprott-backed gold trading platform secures investment, launch imminent

Official launch of the Argo digital gold and precious metals platform is scheduled for next month.

June 26, 2024

Trafigura clinches share of major zinc deal snubbed by Glencore

Production from Ivanhoe's Kipushi zinc mine in Congo will now be split between several new buyers.

June 26, 2024

Copper price extends slide on soft Chinese demand and stronger dollar

The metal has shed 14% since rocketing to a record above $11,000 a ton in May.

June 26, 2024

Iron ore price extends gains on sustained China demand, property stimulus

Beijing on Wednesday lowered the minimum down payment ratio for first home buyers to no less than 20%.

June 26, 2024

De Beers sales drop to $315m amid search for new owner

Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year.