November 17, 2022

Silver heads for biggest deficit in decades, Silver Institute says

Global demand for silver is expected to rise 16% this year to 1.21 billion ounces, according to the Silver Institute.

November 17, 2022

Rio to pursue Turquoise bid after ending talks with minority shareholders

Rio said it will proceed with the acquisition of the 49% stake in Turquoise and will work with the special committee for a new shareholder meeting.

November 17, 2022

LME raises initial margins on nickel by 28% after volatility

A notice released on Wednesday said the initial margin for nickel would climb to $6,100 a tonne effective after close of business on Friday.

November 17, 2022

South Africa’s PIC won’t sell stake key to platinum takeover battle

South Africa’s Public Investment Corp. said it’s decided against selling its shares in Royal Bafokeng Platinum Ltd.

November 17, 2022

Lucara extends sales deal with HB by 10 years

It allows Lucara sell its +10.8 carat diamond production from Karowe mine, which account for 60% to 70% of its revenue.

November 17, 2022

SQM expects high lithium prices to stay put

The world's second largest lithium miner also forecast global demand of the battery metal to grow this year by at least 40%.

November 16, 2022

South Africa’s competition tribunal approves Impala-RB Platinum merger

The tribunal said the conditions include Impala honouring its current contracts and securing commercial terms for the renewal of contracts.

November 16, 2022

LME steps up scrutiny of nickel trading as prices swing wildly

Nickel plunged by more than more than 10% in London, rapidly eroding a sharp weekly gain.

November 16, 2022

Copper price falls on rising geopolitical risks

Global markets were rattled after NATO member Poland said that a Russian-made rocket killed two people in eastern Poland near Ukraine.

November 16, 2022

Iron ore price rises as China demand hopes persist

Overall sentiment remained upbeat despite October data showing new home prices fell at their fastest pace since 2015.