April 17, 2024

Specialist funds cautious on copper rally, says trader IXM

Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week.

April 17, 2024

Biden calls for tripling of tariffs on Chinese steel

The Biden administration is also pressuring neighboring Mexico to prohibit China from selling its metal products to the United States indirectly from there.

April 17, 2024

Aurubis to grow organically rather than through deals, CEO says

The $700 million facility will have an initial capacity of 90,000 metric tons per year.

April 17, 2024

Gold price holds near record, could rise to $2,700, says Goldman Sachs

Bullion has gained about 16% so far this year and more than $500 since October.

April 16, 2024

Gold price holds near record as traders overlook delayed cuts scenario

The precious metal remains in a weeks-long uptrend as investors seek safety amid growing geopolitical tensions.

April 16, 2024

US to reject access road to northern Alaska mining district

The Ambler project sought to open a remote area rich in copper, zinc and lead and could yield deposits of rare earths.

April 16, 2024

Rio Tinto aims to keep Resolution’s copper in US, executive says

The Arizona mine would, if developed, over its life produce more than 40 billion pounds of copper and supply more than a quarter of US demand.

April 16, 2024

McEwen Mining to buy remaining stake in Timberline Resources

McEwen currently owns around 3.3% of the company.

April 16, 2024

Researchers point to pyrite as possible source of lithium

A West Virginia University research team found plenty of lithium in pyrite minerals in shale.

April 16, 2024

Barrick’s gold production continues to trail estimates

The miner reported total preliminary output of 940,000 ounces of gold and 40,000 tonnes of copper in the three months ended March 31.