October 31, 2022

Green energy transition, structural changes to sustain much higher rare earth prices

New report says China now imports half its heavy rare earths while demand from EVs, renewable energy is absorbing higher prices.

October 31, 2022

China shows the LME there are still buyers for Russian metal

More than half of the copper in LME warehouses -- much of which was of Russian origin -- has been ordered out for delivery in the past three weeks.

October 31, 2022

Sierra Metals receives merger proposal from Peru-based mining company

Kolpa currently operates the Huachocolpa Uno mine, an 1,800 t/d capacity underground polymetallic asset in the Huachocolpa region of Peru.

October 31, 2022

Zinc price hit lowest since March 2021 as factory data fuels concerns over steel demand

Zinc’s losses tracked a steep sell-off in iron ore and steel markets, as China’s economy shows few signs of a decisive recovery.

October 31, 2022

PureGold Mining seeks creditor protection

PureGold said it had made the application after considering cash position, scheduled debt payments, forecast revenue and expenses.

October 31, 2022

Tesla held talks over buying stake in Glencore – report

The EV giant considered acquiring part of Glencore, but negotiations failed on Tesla's concerns about the Swiss miner's coal business, FT.com reported.

October 28, 2022

Gold stocks’ winter rally 7

The gold miners’ stocks have been battered over this past half-year, bludgeoned relentlessly lower with gold.

October 28, 2022

Gold Fields, Yamana heads defend takeover deal as top investor balks

Gold Fields CEO Chris Griffith says he “remains confident" and hopes to get the majority of investors on board by the time shareholders vote on the transaction.

October 28, 2022

Gold price drops over 1% as another Fed rate hike looms

Bets for rising rates overall have put gold on course for a seventh straight monthly fall.

October 28, 2022

Citi pumps aluminum into LME warehouse system, sources say

Most of the recent aluminum flowing into LME warehouses is not newly made, and produced in India or the Middle East.