January 28, 2021

Silver price is latest market hit by Reddit day-trader frenzy

Spot silver soared as much as 6.8%, the biggest jump since August.

January 28, 2021

Dalian exchange adds new iron ore deliverable brands, adjusts premiums and discounts

The newly added deliverable brands include Benxi Steel Concentrate, IOC6, Kumba and Agglomerate Concentrate.

January 28, 2021

Amplats reports 7% fall in PGM output in Q4

PGM production fell to 1,076,100 ounces for the quarter that ended Dec. 31, the company said.

January 28, 2021

Chile increases estimate of 2021 average copper price to $3.3/lb

In November, Colchilco forecast a price of $2.90 for 2021.

January 28, 2021

LME stocks shock sends zinc price reeling

Stocks of the galvanising metal surged to a three-year high of 294,500 tonnes this week thanks to the “arrival” of 106,000 tonnes in the space of just two days.

January 28, 2021

Zimbabwe miners say foreign-exchange rule could trigger crisis

The Reserve Bank of Zimbabwe on Jan. 8 announced that exporters must now hand over 40% of their foreign currency earnings, up from 30%.

January 28, 2021

Coal wins curious reprieve in Biden’s assault on climate change

He froze the sale of leases to extract oil and gas from federal land, but he left out fossil fuel most widely blamed for global warming.

January 27, 2021

Precious metals outlook 2021: Renewable energy will be a key driver

Silver is set to become a major beneficiary of emerging industrial applications.

January 27, 2021

Grupo Mexico posts $2.3bn profit in 2020

During the fourth quarter, production of copper and silver grew - up 2.4% and 22.9%, respectively - compared to the year-ago period.

January 27, 2021

China fails to learn from Trump backfire in trade war, is losing against Australia

Australia has managed to ship more coal to other regional consumers, such as India, Vietnam and Thailand.