Copper price falls as LME trade halt caps turbulent week for metals
Following the delayed start, benchmark three-month futures fell by almost 4% to near $13,000 a ton on the LME.
Latest Stories
Rio and Glencore set to extend deadline for talks on mega deal
A particular concern for Rio is how to value Glencore’s copper business, Bloomberg reported.
Trafigura was victim of a nickel fraud on a grand scale, judge says
Ruling gives the trading house a chance to recoup some of the hundreds of millions of dollars in losses it suffered.
El Salvador adds $50M in gold to reserves
At current prices, the value of El Salvador's gold holdings is estimated at $350 million.
Gold price craters in worst decline since 80s, silver drops 36%
While reports of Kevin Warsh’s nomination were a trigger, a correction was overdue, analyst said.
Bougainville rejects Chinese partner for mine that will fund independence
With a population of 300,000, Bougainville has set a deadline of 2027 to achieve independence from Papua New Guinea.
Madagascar lifts 16-year ban on new mining permits, excludes gold
The country has kept the issuance of new mining licences on hold since 2010.
Centerra falls after explosion at Pennsylvania metallurgical facility
An uncontrolled mixture of chemicals at Langeloth triggered an uncontained chemical reaction adjacent to the acid plant, Centerra said.
Niger attack endangered uranium stockpile near main airport
The attack targeted the airport area and adjacent military base that involved gunmen on motorbikes and drone strikes.