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.
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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.
Hochschild makes headway at gold project in Brazil
The Posse gold project in Brazil’s central state of Goías is 16% completed, only two months after obtaining its environmental permit.
Aurubis says metals sector targeted in cyberattack
The company’s shares fell as much as 4.2%.
Stellar copper demand from Chinese solar makers seen slowing in 2023 – CRU
European demand for the country's solar products has already started to cool.
Top investor opposes Gold Fields’ takeover of Yamana
Joe Foster, who manages gold funds at investment firm VanEck, said the merger would create a more complex company with not much synergy.
Vedanta profit drops 61% as metal prices fall, expenses surge
Total expenses surged 43%, with power and fuel charges nearly doubling.
Tharisa issues $50m bond for Zimbabwe platinum mine build
The bond, which is not rated, is the first issued on Zimbabwe's Victoria Falls Stock Exchange.
Chile’s copper production falls in September; industrial output also down
The country's statistics agency said the drop was due to lower-grade ore and less processing during the period.
