June 5, 2024

China’s unusually large copper stockpiles fuel demand concerns

Stockpiles of the metal held in Shanghai Futures Exchange warehouses ended last week well above 300,000 tonnes.

June 5, 2024

Iron ore price hits seven-week low on softening China steel demand, higher supply bets

Iron ore futures extended their decline to a fifth straight session on Wednesday.

June 5, 2024

De Beers aims to rebrand as top jewellery group

De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American.

June 4, 2024

Gold purchases by central banks were strong in April despite high prices, WGC says

Demand from global central banks for gold has been elevated for two years as they diversify their foreign currency reserves.

June 4, 2024

Copper price falls through $10,000 as exchange inventories keep rising

Stockpiles on the Shanghai Futures Exchange have climbed to the highest since 2020.

June 3, 2024

MMG plans to raise $1.16bn to repay debt, fund mine development

The Chinese miner is raising funds to support the ongoing development of its operating mines.

June 3, 2024

China to build $1.5 billion copper smelter in Kazakhstan

Copper smelter is projected to have an annual production capacity of 300,000 tonnes.

June 3, 2024

Iron ore price tumbles to lowest in six weeks on China demand concerns

Iron ore inventories at Chinese ports are the highest in more than two years.

June 3, 2024

CNGR looks to snap up more lithium projects in Argentina

Senior CNGR executives visited at least three deposits in Argentina last week.

June 3, 2024

Australia orders Chinese investors to sell down stake in rare earths miner

Northern Minerals is developing the Browns Range heavy rare earths project in Western Australia.