Metal inventories pile up in factories, smelters
Aluminum inventories have already climbed and are forecast to surge by 5 million tonnes by the end of 2020 to 16 million.
Latest Stories
Gold price edges higher as US civil unrest persists
Gold climbed to more than a one-week high on Monday.
Rio Tinto sorry for blasting 46,000-year-old Aboriginal site
Rio Tinto destroyed the Juukan Gorge caves last week while carrying out tasks related to its expansion plan in the Pilbara region.
Trump’s sparring with China revives rare earths stock trade
A Chinese stock strategy that worked in 2019 when tensions got heated with the US is picking up again.
Polyus says output could be affected by coronavirus outbreak
Russia's top gold producer has reported a first-quarter net loss of $389 million.
Valterra to acquire Lima gold project in Brazil
The Vancouver-based miner announced a private placement with net proceeds to be used to acquire the property.
FenixOro to restart Colombia exploration campaign
The Canadian miner received an exemption from the Antioquia government from covid-19 work restrictions.
Lundin reopening Fruta del Norte mine in Ecuador
Lundin had to suspend its flagship gold mine on March 22 due to the coronavirus pandemic.
IAMGOLD buys Monarch’s Fayolle deposit for $11.5m
Monarch will use the funds to advance its flagship Wasamac gold project in Quebec.