Macquarie fined by UK after metals trader books false trades
The firm’s London metals desk was able to book 426 fictitious trades to conceal his losses for almost two years.
Latest Stories
Vulcan in talks with producers to license lithium technology
Vulcan began producing lithium hydroxide earlier this month from its Rhine Valley operations using adsorption direct lithium extraction.
Trump’s tariff threat to top trading partners roils markets
Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada.
Anglo sells more Amplats shares ahead of spinoff of platinum unit
The total offering size is about $535 million, according to a bookrunner.
Platinum market faces third consecutive deficit in 2025, WPIC says
Platinum market deficit will be lower in 2025 than 2024, WPIC says.
Alrosa announces new agreement with Russian state diamond fund
The fund will receive the new diamonds by the end of 2024.
Saudi Arabia secures $9 billion in new mining deals
Investment agreement is one of nine metals and mining deals, totalling over $9 billion, signed by Saudi Arabia with global mining companies.
Chinalco could invest $426 million in Suriname bauxite project
If approved by parliament, Chinalco could begin construction by the middle of next year.
Peru’s small miners block highways, camp outside Congress demanding registry extension
Analyst says that there are strong competing interests between Congress and small-scale miners that could escalate.
