Codelco profits slump 50% to September, cuts production target
Company said a "significant drop of 12% in the price of copper sales" compared to the previous year explained almost half of the drop in profits.
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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.
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.
Researchers develop Play-Doh-like material that conducts electricity like metal
This goes against all of the known rules about conductivity.
Glencore cuts zinc output guidance after production drops 18% in nine months
The forecast comes as the Ukraine war, strikes and floods hit production of five commodities mined by the company.
