September 29, 2023

Processing unit of Canada’s only rare earths miner goes bankrupt

MNP will sell the assets and distribute proceeds to creditors

September 29, 2023

Argonaut Gold mulls Mexican asset sale to sharpen focus on flagship Magino mine in Ontario

The company is targeting commercial production at Magino by the end of the quarter.

September 29, 2023

GDX’s chronic undervaluation

The major gold stocks dominating their sector’s flagship GDX ETF have suffered chronic undervaluation over this past year.

September 29, 2023

Cobalt hydroxide price tumbles amid surging supplies from DRC

Soaring production from Indonesia is also adding to surpluses.

September 29, 2023

Copper price rebounds on signs that China’s economic recovery may be strengthening

The Chinese official manufacturing gauge is expected to signal expansion for the first time since March.

September 29, 2023

Australia’s Core Lithium jumps most since Jan 2021 on maiden annual profit

The net profit was underpinned by its sale of first lithium products in the second half of the year.

September 29, 2023

Silver price to benefit from solar sector demand once rates peak

The sector will be responsible for 14% of total demand for silver this year compared with 5% in 2014.

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.