December 1, 2023

Gold price hits new all-time high

Gold futures trading in New York shot up 1.6% on Friday closing at $2,089.70 per ounce, surpassing the previous high set on August 6, 2020.

December 1, 2023

Fitch sees industrial metal prices falling in 2024, gold set to rise

London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said.

December 1, 2023

Shares of Anglo American and Antofagasta rally after UBS upgrade

Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy.

December 1, 2023

Gold mid-tiers’ Q3 2023 fundamentals

The potent combination of lower mining costs and higher gold prices fueled huge profits growth for these companies.

December 1, 2023

China lithium price poised for further decline in 2024 – analysts

Lithium carbonate prices in top consumer China could fall by more than 30% next year.

December 1, 2023

Copper price climbs to three-month high on Panama mine risk, shortfall

The metal rose as much as 1.2% on Friday, tracking a rally in European and Chinese stock markets.

December 1, 2023

Copper miners, Chinese smelters agree on first drop in fees in 3 years

Miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges for 2024.

December 1, 2023

First Quantum takes Panama to international court

It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.

November 30, 2023

Panama mine shutdown threatens copper’s surplus

The expectation for a looser market in the near term has been reflected in copper prices.

November 30, 2023

AustralianSuper builds stake in Pilbara Minerals

Australia's largest pension fund is now the second largest shareholder behind Ganfeng Lithium.