February 10, 2025

Poland’s copper tax cut may be extended beyond 2027, says minister

The copper mine tax was levied in 2012 and is based on local production and price.

February 10, 2025

Firebird Metals signs MOU with Eramet for manganese ore supply

The parties will work to convert the MOU into a long-term supply agreement by 2026.

February 10, 2025

EU says it would react to US steel tariffs, awaits details

Trump said on Sunday that he would introduce new 25% tariffs on all steel and aluminum imports into the US.

February 9, 2025

Trump to announce 25% steel and aluminum tariffs in latest trade escalation

The US President said he will announce reciprocal tariffs on Tuesday or Wednesday, to take effect almost immediately.

February 7, 2025

London sees record gold outflow in January in race to ship to US

The amount of gold stored in London vaults fell by 4.9 million troy ounces in January, the largest monthly decline since records began in 2016.

February 7, 2025

Anglo American nears De Beers spinoff

Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond miner.

February 6, 2025

BOE says tariff premium is fueling clamor to withdraw gold

Tariff worries have led to premiums in the New York market and weeks-long queues to withdraw metal from the BOE.

February 6, 2025

Anglo American to review De Beers value amid weak diamond demand

De Beers rough diamond production decreased by 26% to 5.8 million carats in 2024.

February 6, 2025

Glencore poaches alumina trader from Gunvor

Gunvor mostly trades oil and other energy products, but has recently forayed into metals.

February 6, 2025

Aurubis CFO sees uplift from sulphuric acid, AI industry demand amid earnings beat

The company is building a second module at its new recycling plant in the US state of Georgia.