January 12, 2023

Maverix says shareholders approve deal with Triple Flag

Shareholders of Maverix will receive either $3.92 per share in cash or 0.360 of a common share of Triple Flag.

January 12, 2023

Japanese delegation to visit Canada to meet with battery, mining companies

Canada has been seeking to woo foreign investment the EV supply chain.

January 12, 2023

Australia extends run of trade surpluses on metals exports

Australia has posted monthly trade windfalls since January 2018, underpinned by sales of iron ore and natural gas.

January 12, 2023

JPMorgan may move into precious metals clearing in Zurich

The lender may begin to offer to settle its clients’ trades using metal located in Zurich, according to people familiar with the matter.

January 12, 2023

India’s December gold imports plunge 79% as price rise dents demand

India imported 20 tonnes in December, down from 95 tonnes a year ago.

January 12, 2023

Fosun weighs sale of Belgian diamond-grading firm IGI

The Chinese conglomerate is working with Deutsche Bank AG on the potential divestment of the International Gemological Institute.

January 12, 2023

Metals prices could spike with markets so tight, Trafigura says

“We could be pushed into extreme price levels,” Jeremy Weir, the commodity trader’s chief executive officer, said.

January 12, 2023

Robbers pull off multimillion-dollar copper heist in Chilean port

It is the largest copper theft since a spate of gangster heists in northern Chile last October forced the government to tighten security on trains carrying copper cathodes.

January 11, 2023

Alcoa reverts to gas for fuelling alumina refineries in Western Australia

Alcoa has reverted to using gas to fuel the powerhouse boilers at its partially owned Kwinana and Pinjarra alumina refineries.

January 11, 2023

Maaden aluminum smelter cuts production on operating issues

Maaden owns 75% and Alcoa holds 25% of the massive aluminum complex in Saudi Arabia.