April 11, 2023

Iron ore price up as Western Australia braces for tropical cyclone

Australia’s Port Hedland iron ore hub to be cleared ahead of cyclone.

April 11, 2023

Copper price gains but China’s weak activity weighs

China signaling weak activity capped gains as the market looked ahead to the US inflation.

April 11, 2023

More than half of aluminum in LME warehouses produced in Russia

The exchange has not banned Russian metals from being traded and stored in its system since Moscow invaded Ukraine.

April 10, 2023

Newmont plumps final bid for Newcrest to $19.5bn

Newmont has raised its buyout offer by 16% to A$32 billion.

April 10, 2023

Gold price retreats below $2,000 on strong US jobs growth

Gold surpassed $2,000 last week as weak US services sector and job openings data made a rate hike next month less likely.

April 10, 2023

PolyMet completes $195 million rights offering, with Glencore upping stake

The proceeds will be used to fund the company's portion of the NewRange JV with Teck.

April 10, 2023

Copper price down, pressured by stronger dollar

US jobs data underscored a tight labour market, firming up expectations that the Fed will raise interest rates again.

April 10, 2023

Five key charts to watch in global commodities this week

The Biden administration is expected this week to propose the toughest-ever curbs on pollution from new cars and light trucks.

April 10, 2023

Teck Resources calls Glencore bid a “non-starter”

Chief executive Jonathan Price warns that Glencore's proposed takeover would destroy value for the company’s shareholders.

April 9, 2023

Who are behind the gold and silver buying — part 1

Precious metals are back in the spotlight in 2023 as signs of economic slowdown continue to surface and cause uneasiness among investors, in turn driving up the appeal of safe…