December 15, 2023

Buenaventura stock surges as Antofagasta takes 19% equity position

The NYSE-listed shares reached a 52-week high of $12.73 earlier in the session.

December 15, 2023

LME faces fresh worries about Russian metal after UK sanctions

Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand.

December 15, 2023

Friedland says $15,000/t copper price needed to spur new mines

The mining magnate said that forecasts of copper prices reaching $9,000 a metric ton next year isn’t enough to stimulate the industry.

December 15, 2023

Fed dots spur gold

Gold blasted higher this week after a major dovish surprise from the Federal Open Market Committee.

December 15, 2023

China Nov aluminum output boosted by growing demand

The world's biggest producer churned out 3.54 million metric tons of primary aluminum last month.

December 15, 2023

Costco sold $100 million worth of gold bars last quarter

Gold enthusiasts on Reddit said the bars were going for slightly more than $2,000 as recently as last week.

December 15, 2023

Plummeting platinum group prices could worsen shortage — report

PGM prices have fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined.

December 15, 2023

Livent buys minority stake in ILiAD Technologies parent

Livent will have the right to license ILiAD DLE technology for deployment at its lithium brine resource in Argentina.

December 15, 2023

New sanctions bar UK entities from trading most Russian metals

Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be.

December 14, 2023

Gold tests investor appeal as Fed prepares to pivot

With monetary loosening now definitively on the agenda, gold traders will be watching for the return of big-money investors.