Aluminum inventories hit a record low and bears didn’t blink
The mood in metals markets has shifted dramatically in the past few weeks.
Latest Stories
LME targets off-exchange trades as nickel chaos spurs reform
The London Metal Exchange plans to force members to regularly report details of their over-the-counter metals positions, substantially expanding its market surveillance capabilities.
Trevali says caught unawares by downpour that flooded Burkina mine
Rescue efforts are continuing since the flood on April 16, but there has been no communication with the missing miners and it is not known whether any survived.
Brumadinho won’t break Vale, but the piper still hasn’t been fully paid
U.S. Securities and Exchange Commission lawsuit against Vale related to the Brumadinho tailings dam failure three years ago is a reminder that the total consequences for the catastrophe are still being tallied.
Chile’s climate scientist minister eyes tougher rules for top copper mining nation
Maisa Rojas, a leading climate scientist with a PhD from Oxford, is on a mission to strengthen the Andean country's environmental rules.
Elemental shareholders reject Gold Royalties’ hostile takeover bid
The final value of the bid was a discount of approximately 29% to the value of Elemental’s shares.
Copper stocks are building again, weighing on prices
Copper prices dropped to 8-month lows this week and a new report says headwinds for the bellwether will only get stronger over the rest of the year.
Iron ore price set for biggest weekly drop since February on covid restrictions
Iron ore has fallen around a quarter from this year’s peak in early March as covid restrictions spread.
Much to gold’s dissatisfaction, the USDX seems unstoppable
The USDX and the precious metals market are like reverse images.
