April 15, 2024

Gold price pushes toward fresh record as tensions rise in middle east

Bullion has risen as much as 1.7% Monday as the conflict in the Middle East entered a dangerous new phase.

April 15, 2024

Metals whipsawed as sanctions on new Russian supplies rattle LME

Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.

April 15, 2024

Horizonte Minerals fails to secure financing, considering mine sale

The company considers selling its Brazilian nickel mine amidst low prices and supply surplus from Indonesia.

April 15, 2024

New metals sanctions push Russia further into China’s embrace

The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments.

April 15, 2024

OceanaGold gets initial approval for Philippine unit’s IPO

Proceeds from the offering, as OceanaGold had disclosed, will be applied towards debt repayment.

April 15, 2024

Iron ore climbs to multi-week high on lower shipments, hopes of China stimulus

Iron ore shipments from top suppliers Australia and Brazil tumbled by 28.8% week-on-week.

April 15, 2024

Rusal says new Western sanctions won’t hurt its aluminum supply

Goldman Sachs also said it did not expect an immediate supply shock.

April 14, 2024

CME bans Russian-origin aluminum after US, UK impose new sanctions

CME Group has suspended from its platform aluminium produced in Russia from April 13

April 14, 2024

Gold prices at a record high are keeping pawn shops busy

Record prices pushing toward $2,500 an ounce are proving hard to resist.

April 13, 2024

LME bans Russian-origin metal after UK, US impose new sanctions

The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13.