September 15, 2023

Aluminum deal season has started, but no one is buying yet

The annual contracting season for aluminum supplies got off to a slow start at a key industry conference this week.

September 15, 2023

Private debt funds of $750 million sought for BHP mine bid

Stanmore Resources Ltd. is seeking to borrow a total of $1.1 billion for its acquisition of the Daunia coal mine.

September 14, 2023

Tesla supplier weighs Indonesia battery metal unit IPO

Chinese battery metals producer CNGR is weighing an initial public offering of Indonesian assets as soon as the end of 2024.

September 14, 2023

Copper price steadies as dollar strength balances fresh China stimulus

A stronger local currency makes imports cheaper for domestic traders and fabricators in the world’s top metals consumer.

September 14, 2023

China gold premium hits record as Beijing defends yuan

Bullion on the Shanghai Gold Exchange traded at a premium of more than $120 an ounce on Thursday.

September 14, 2023

London gold body aims to create secure global database

The LBMA's database of Russian gold bars held by banks in London helps to prevent sanctions evasion by Russian companies.

September 14, 2023

LME to change the way closing prices are determined

The changes will extend the volume-weighted average price methodology to five additional prompt dates for aluminum, copper, zinc, lead and nickel.

September 14, 2023

Global silver demand to fall 9.4% in 2023, Chile’s Cochilco says

Market, however, will maintain a deficit, according to a report from the Chilean state agency.

September 13, 2023

LME copper stocks rise to two-year high as demand falters

On-warrant copper inventory held by the London Metal Exchange rose on Wednesday by 5.7% to the highest since September 2021.

September 13, 2023

Gold price retreats as market digests US CPI data

“Precious metal investors are less worried about higher inflation and more focused on the opportunity costs associated with holding a non-interest bearing asset," analyst said.