LME imposes price limits for the first time after nickel crisis
When trading resumes Wednesday, price moves for nickel will be constrained to 5% above or below the last closing price before the suspension.
Latest Stories
Gold prices fall despite ongoing war and surging inflation
It seems that the stalemate in Ukraine has slowed down gold's bold movements.
Silver Bullet to begin producing at Washington mine in Idaho
Historically, the Washington mine was a high-grade gold property that first saw production in the late 1800s.
Stuhini tables resource estimate for Ruby Creek molybdenum deposit in BC
Ruby Creek contains pit-constrained M&I resources of 433 million lb. molybdenum, hosted within 369.4 million tonnes at an average grade of 0.053%.
Caterpillar quietly uses Russia as shipping route after pullback
Caterpillar continues to use Russia as a supply-chain route, even after the company said it had suspended business with the country.
Russians buy up gold to salvage savings after ruble collapse
Increasing household demand for physical gold prompted Bank of Russia to halt its purchases from banks to ensure there’s enough supply for local buyers.
Turquoise Hill shareholders could score big with Rio’s bid
Analysts predict Turquoise Hill investors will seek a higher offer than the current C$34/share bid, perhaps greater than C$50/share.
Gold price extends decline ahead of Fed policy meeting
“Gold prices have moved lower in the past three days mainly because oil prices have fallen,” an analyst said.
Iron ore price drops as covid-19 outbreaks in China dim growth outlook
China has reported more local symptomatic covid-19 cases so far this year than it recorded in all of 2021.
