May 20, 2024

Gold price hits $2,450 on rate cut optimism, geopolitical risks

The metal's strength has been linked to central bank purchases, robust demand from Asia and elevated geopolitical tensions.

May 20, 2024

Copper price hits record above $11,000 on bets that shortage looms

Several developments in 2024 have emboldened copper bulls and drawn in a rising tide of speculative money.

May 20, 2024

Copper’s record run at risk as US shipments calm speculator frenzy

At least 100,000 metric tons of copper are en route to the US CME exchange, Reuters sources say.

May 17, 2024

Column: Ferocious CME copper squeeze presages future turbulence

This week's events suggest Doctor Copper could be in for some very turbulent times.

May 17, 2024

Copper, gold prices close in on records as metals mayhem continues

Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and…

May 17, 2024

US lukewarm on G7 Russian diamond ban after industry backlash

Ban aims to curb another revenue stream for Russia.

May 16, 2024

Biden open to easing sanctions on billionaire Gertler in return for Congo exit

The Treasury Department is willing to grant limited sanctions in return for Gertler relinquishing his royalty streams on three strategic projects.

May 16, 2024

US to offer up to $3.4 billion for nuclear fuel makers in June

In addition to Centrus, companies that could benefit from the spending include ConverDyn.

May 16, 2024

Fortune Minerals secures $12 million in Canada, US gov’t fundings

To date, Fortune has expended more than C$137 million to advance the NICO project to a near shovel-ready project.

May 16, 2024

CME boosts margins for copper futures after sizzling rally to record

Copper futures hit record highs this week as investors with bearish positions were squeezed.