October 19, 2022

Gold price at 3-week low as UK inflation jumps again

“The market continues to be quite worried about aggressive Federal Reserve monetary tightening,” analyst said.

October 19, 2022

LME copper stocks plunge again as metal heads to China

The amount of available copper in the London Metal Exchange's warehouse network has halved over the last eight days.

October 19, 2022

Glencore delivers Russian-origin aluminum into LME system

Stocks of aluminum in LME warehouses jumped 65,825 tonnes to 433,025 tonnes on Friday.

October 19, 2022

China may buy more Russian copper to blunt expected premium hike

Premiums of physical copper sales to China in 2023 are expected to rise to between $150 to $210 per tonne over the benchmark London Metal Exchange price.

October 19, 2022

Recent discovery may lead to next-gen porphyry copper deposits

Researchers believe findings will help exploration geologists discover the next generation of porphyry copper deposits.

October 18, 2022

Gold industry sees bullion rising 10% in year despite rates

Gold will rebound strongly next year, despite higher interest rates, according to a survey of the bullion industry.

October 18, 2022

Russian central bank sees no need in raising gold holdings

Western sanctions, imposed shortly after Moscow sent its troops to Ukraine on Feb. 24, froze around half of Russia's gold and forex reserves.

October 18, 2022

Codelco sets record benchmark copper premium for Europe, sources say

The world's biggest copper miner has agreed a record benchmark premium for European buyers at $234 a tonne for 2023, up 83% from this year.

October 18, 2022

Bankers told they can ignore binding fossil-finance restrictions

Efforts to reassure bankers that they can continue to finance oil, gas and even coal, come less than a month before the COP27 climate summit in Egypt.

October 18, 2022

Researchers better understand what it takes to improve EV batteries’ performance

A scientific team tracked the real-time movement of lithium ions inside layered lithium nickel-rich oxides.