January 18, 2022

Neither inflation nor the Fed moves gold

The prospects of more hawkish monetary policy and the sooner start of a tightening cycle should be negative for the yellow metal, but gold didn’t care too much about a…

January 18, 2022

Glencore hits decade high on commodity price boom

The world’s biggest commodity trader surpassed its 2018 intraday peak on Tuesday, valuing the Swiss company at about $74 billion.

January 18, 2022

Europe’s smelters call for action to combat soaring energy costs

Aluminum and zinc producers have been hit particularly hard by soaring gas and electricity prices.

January 18, 2022

Solaris Resources shares rise on new copper discovery in Ecuador

Warintza South is the fourth major copper discovery within the 7 km x 5 km porphyry cluster on the Warintza property.

January 18, 2022

Iron ore price recovers despite economic weakness in China

Around 50 steelmakers have announced maintenance plans near the coming Lunar New Year holidays.

January 18, 2022

Harte Gold’s Sugar Zone mine attracts second bidder

The front-runner for the asset is Australia’s Silver Lake Resources.

January 18, 2022

Adventus, Salazar secure $235 million to advance Curipamba copper project

Wheaton will provide a total of $180.5 million under terms of a metals streaming deal, and Trafigura will provide $55 million under terms of an offtake financing agreement.

January 18, 2022

Nickel market caught up in fresh squeeze

The turmoil is the latest example of acute supply stress in global metals markets, and represents the third time in 12 months that the LME has stepped in to increase…

January 18, 2022

AngloGold closer to production in Nevada with Corvus takeover

The miner expects to produce its first gold from the Beatty district in Nevada, where it added several assets, over the next three years.

January 18, 2022

First Quantum to pay $375m a year in royalties to Panama

The Canadian miner has reached a deal with the country's government to increase royalty payments from its flagship Cobre Panama copper mine.