January 13, 2023

Indian gold prices hit record high, dampening demand

Local gold futures rose to 56,245 rupees per 10 grams, surpassing the previous record of 56,191 rupees hit in August 2020.

January 13, 2023

Biden backs Nevada lithium mine with $700 million loan offer

The Rhyolite Ridge Lithium-Boron Project could potentially support the production of lithium for 370,000 EVs.

January 13, 2023

Rio Tinto trials renewable diesel at US operations

Company is conducting trials at its Kennecott copper operations in Salt Lake City.

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.