March 6, 2024

Platinum deficit in 2024 to be deeper than expected – WPIC

Platinum demand surged 25% in 2023, seen down 6% in 2024.

March 6, 2024

SolGold soars on $3.2bn investment, largest in Ecuador history

Committed funds add to a previous $311 million the company vowed to invest in its Cascabel copper-gold project.

March 6, 2024

China’s top coking coal miner calls on state to control supply

Beijing should control mining activity, limit output and consolidate smaller producers into state-owned firms to “reduce disorderly competition,” Shanxi Coking Coal Energy Group Chairman Zhao Jianze said.

March 5, 2024

Gold price sets new record on Fed pivot, geopolitical risks

On Tuesday, spot gold rose as much as 1.3% to hit a new record of $2,141.60 per ounce.

March 5, 2024

China’s copper processing fees could recover from 2nd quarter, analysts say

The falling charges have threatened to cut output in the world's top producer of refined copper.

March 5, 2024

LME does not plan to launch green nickel contract

Iron ore magnate Andrew Forrest said recently the LME should classify its nickel contracts into "clean" and "dirty" to give customers more choice.

March 4, 2024

Indonesia and China killed the nickel market

Cheap Indonesian nickel, controlled by China and dumped on the market, has collapsed nickel prices and forced global mine closures.

March 4, 2024

Gold price flirts with new highs with market leaning towards June rate cut

Gold is just $20 off its record high of $2,135 set in December 2023.

March 4, 2024

Osisko Development secures $50 million for Cariboo underground gold project

Osisko received environmental approval for Cariboo last year, and it anticipates receiving others by the middle of this year.

March 4, 2024

London gold price benchmark hits all-time high, LBMA says

London's gold price benchmark hit an all-time high of $2,098.05/oz on Monday, surpassing the previous record set on Dec. 28.