March 30, 2021

Home: Higher Chinese imports herald coming copper scrap surge

China’s imports of copper scrap surged over the first two months of 2021, jumping by 60% year-on-year to 191,720 tonnes.

March 30, 2021

Gold price set for first quarterly decline since 2018

Further bond sell-off could push gold below $1,700, analyst says.

March 30, 2021

S.Africa’s No. 1 investor backs local interest in gold M&As

Africa’s biggest fund manager and a key investor in South African gold companies said any consolidation in the sector must benefit the country as well as shareholders.

March 30, 2021

Equinox Gold to sell 10m Solaris shares

After the sale, Equinox will hold 17.8 million Solaris shares, or 16.9% of the company.

March 29, 2021

Russian gold producer GV Gold postpones IPO

Its shareholders, including US fund BlackRock, planned to raise $450-560 million by selling about 37% of the miner through the IPO.

March 29, 2021

Rio Tinto faces backlash over former CEO’s exit package

Company is bracing for an investor revolt after handing $9.9 million to its former CEO Jean-Sebastien Jacques, who was ousted over the destruction of sacred Aboriginal caves.

March 29, 2021

Iron ore prices jump on strong industrial activity in China

China's industrial profit surged 179% in the first two months from the year-ago period.

March 29, 2021

Copper price falls amid rising exchange inventories

Copper inventories in LME warehouses have risen 67% so far in March to 123,800 tonnes, their highest since Dec. 16, 2020.

March 29, 2021

Envy Global removes managing director charged in nickel fraud

Singapore commodity trader has removed Ng Yu Zhi from his role as managing director following investigations by authorities into the firm's nickel trading.

March 29, 2021

British ministers reject Sanjeev Gupta’s bailout plea

British ministers have rejected a request from mining magnate for a $234.36 million emergency loan to prevent his group, GFG Alliance, from collapsing.