June 5, 2024

Gold price up over 1% on Fed rate cut optimism

Traders are currently pricing in about a 59% chance of a Fed rate cut in September, according to CME FedWatch.

June 5, 2024

China’s unusually large copper stockpiles fuel demand concerns

Stockpiles of the metal held in Shanghai Futures Exchange warehouses ended last week well above 300,000 tonnes.

June 5, 2024

Traders are desperate for copper deals and miners are cashing in

Recent moves by cash-flush energy traders are raising tensions and sparking a scramble for contracts.

June 5, 2024

Iron ore price hits seven-week low on softening China steel demand, higher supply bets

Iron ore futures extended their decline to a fifth straight session on Wednesday.

June 5, 2024

De Beers aims to rebrand as top jewellery group

De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American.

June 4, 2024

Column: Funds keep faith with copper even as squeeze fades

Doctor Copper's new investor friends may find their bullish resolve tested in the days ahead, writes Andy Home.

June 4, 2024

Foremost Lithium to spin out US-based gold-silver assets

The company's Winston group of properties contains three past-producing silver and gold mines.

June 4, 2024

Copper price falls through $10,000 as exchange inventories keep rising

Stockpiles on the Shanghai Futures Exchange have climbed to the highest since 2020.

June 3, 2024

Cascadia Minerals stock soars on fund manager financing

The private placement is led by Michael Gentile, one of its largest shareholders, who plans to up his stake to 9.99%.

June 3, 2024

Iron ore price tumbles to lowest in six weeks on China demand concerns

Iron ore inventories at Chinese ports are the highest in more than two years.