September 28, 2023

$1bn metals SPAC deal backed by Glencore, automakers collapses

ACG had planned to buy a nickel mine and a copper mine from Appian Capital.

September 28, 2023

Iron ore price rises as output in Chinese steel mills hits highest since October 2020

Daily hot metal output among 247 steel mills surveyed by Mysteel climbed to the highest level since October 2020.

September 28, 2023

China gold prices plunge the most since 2020, curbing record premium

The precious metal fell 3.8% on the Shanghai Gold Exchange, with losses accelerating toward the end of the trading day.

September 28, 2023

Allkem rises as $10.6bn Livent deal close edges nearer

The merger announced in May will create the world's third-largest producer of lithium.

September 27, 2023

Costco experiencing gold rush as 1 oz. bars become instant hit

The US retail warehousing giant is now selling 1 oz. PAMP Suisse Lady Fortuna Veriscan gold bars.

September 27, 2023

Copper’s contango widest since at least 1994 as inventories rise

The cash contract changed hands at a discount of $70.10 a ton to three-month futures on the LME on Monday.

September 27, 2023

Stellantis invests $90 million in Argentina lithium explorer for 20% stake

Argentina Lithium & Energy holds the Rincon West, Antofalla North, Pocitos and Incahusi brine projects.

September 27, 2023

IsoEnergy takes over Consolidated Uranium for top-tier spot in Saskatchewan, Utah

The agreement values the new IsoEnergy at C$903.5 million.

September 27, 2023

Northisle stock surges to highest in a year on near-surface gold hits

The 33,000-hectare North Island property hosts a number of porphyry copper and gold occurrences at varying stages of development.

September 27, 2023

Trafigura gets $500 million to buy Saudi’s non-crude commodities

The three-year deal gives Trafigura a big new chunk of credit tor trading at a time when energy prices are rising again.