July 4, 2023

Column: Old economy drags base metals lower in first half of 2023

The LME index of base metals has sunk from a January high of 4,356 to 3,704.

July 4, 2023

Lucapa Diamond achieves debt-free status

The diamond producer is now interest-bearing debt free, having repaid about $20 million over an 18-month period.

July 4, 2023

BYD picks Brazil for its first EV hub outside Asia

Brazil’s market has the potential to develop in the same way as China’s, with hybrid vehicles gradually giving way to pure EVs, BYD says.

July 3, 2023

Gold price advances on weaker US economic cues

“Gold has probably found a home around $1,900,” said analyst.

July 3, 2023

The world’s appetite for solar panels is squeezing silver supply

Solar's share of total consumption is forecast to be 14% this year, up from around 5% in 2014.

July 3, 2023

Iron ore price slumps as China production cuts spark fears of demand drop

Market speculation about government intervention in the iron ore market last Friday weighed on sentiment as well.

July 3, 2023

Develop Global to buy Essential Metals for $102 million

Develop Global, an Australian base metals explorer backed by lithium miner Mineral Resources, said Essential’s board had ok'd the deal.

June 30, 2023

Copper price rises despite slow recovery in China

"There is no end in sight in the near future to the gloomy sentiment surrounding China's economic recovery," Commerzbank said.

June 30, 2023

Iron ore price set for best month in 2023 on China stimulus hopes

Spot prices of China-bound iron ore have also climbed this month, buoyed by improved demand.

June 30, 2023

Chile copper output falls 14% y/y in May

The world's largest copper producing nation, which accounts for a quarter of the world’s mined metal, has seen its output stagnate