Hedge funds cut bullish gold wagers to lowest in 15 weeks
Hedge funds and other large speculators reduced net-long positions by 23%.
Latest Stories
Reimagining magnet materials: How AML is challenging the rare earth status quo
For decades, permanent magnets have been one of the least questioned links in the electrification supply chain.
Silver price whipsaws again as thin liquidity fuels wild swings
Spot silver was up more than 7% to about $76 an ounce by mid-morning in New York on Friday, having earlier tumbled toward $64.
Eramet’s finance chief steps aside temporarily, days after CEO ouster
Company cited disagreements on "operating methods".
Saudi graphite plant is ‘wake-up call’ for Quebec, France: CEO
North America’s only producer of natural graphite had been developing plans to build battery material facilities in Baie-Comeau, Quebec and France.
Wheaton Precious Metals appoints new CEO, Randy Smallwood named chair
After more than 15 years of leading the business he co-founded, Smallwood will step down as CEO March 31.
Virtus agrees to buy Congo cobalt miner amid US pact
Virtus Minerals will pay an undisclosed sum for Chemaf and assume the firm’s liabilities, including debt owed to Trafigura.
Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
Under the plans, Salzgitter would buy the stakes of its co-owners for an undisclosed sum and continue as HKM's sole owner from June.
US mineral supply chains remain exposed to China chokehold: USGS report
The USGS found that the country was 100% import reliant last year for 16 minerals.