March 23, 2021

Aluminum price sinks on China’s move to sell state reserves

China is considering selling about 500,000 metric tonnes of aluminum in a move that would help cool the market and meet the country’s emissions objectives.

March 23, 2021

Cartier updates Chimo Mine resources, shares up

The site produced approximately 379,000 gold oz between 1964 and 1997.

March 23, 2021

China mulls selling aluminum from state reserves to cool prices

China is considering selling about 500,000 tonnes of aluminum from state reserves.

March 23, 2021

Trafigura sees green copper supercycle driving prices to $15,000

The world’s biggest copper trader expects the metal to breach $10,000 a tonne this year, before entering a range of $12,000 to $15,000 a tonne over the coming decade.

March 23, 2021

GV Gold sets price range for IPO

Shareholders, including US fund BlackRock, aim to raise $450-560 million by selling about 37% of the mid-sized gold miner.

March 23, 2021

Copper market in 24,000 tonnes surplus in Dec 2020 – ICSG

For the first 12 months of the year, the market was in a 559,000 tonnes deficit compared with a 383,000 tonnes deficit in the same period a year earlier.

March 23, 2021

Booming demand and shipping costs feed aluminum rally

Soaring shipping costs, booming demand and tight supplies of primary and scrap aluminium are likely to fuel further price rises for the metal.

March 23, 2021

Troilus to acquire UrbanGold in all-share deal, grow Quebec land position

The consideration equates to roughly $19 million on a basic share outstanding basis.

March 22, 2021

Iron ore price drops sharply on weak Chinese demand concerns

Chinese iron ore and coke futures were dragged down by concerns over weak demand for the steelmaking ingredients, as markets eyed the possibility of further production cuts in the top…

March 22, 2021

Gold price down after upheaval in Turkey

Another central bank firing in Turkey, a major gold buyer, strengthened the US dollar and drove down prices.