April 23, 2024

Gold’s record-setting rally may have its roots in Chinese frenzy

Several prominent figures in the global gold market are coming to the conclusion that the major new driving force is a legion of fleet-footed retail investors on the Shanghai Futures…

April 23, 2024

Five Eyes countries working to fight critical minerals dumping, Canada minister says

Alliance partners are working on putting forward a response to tackle the price manipulation of critical metals.

April 23, 2024

ESG Watch: Why climate change is leaving mining firms between a rock and a hard place

By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.

April 23, 2024

LME takes aim at traders’ Russian metal games with new rules

New measures designed to undercut the economic rationale for withdrawing Russian metal already on the LME and selling it back on the exchange under a less-desirable category.

April 23, 2024

Chile sees record copper production next year

The output of the red metal would be a 6% increase from the 5.51 million tons expected to be produced this year.

April 23, 2024

Copper price at risk of pullback as buying in China stalls after rally

Fabricators have struggled to pass on higher costs to their customers, forcing them to rein in purchases since March, one copper trader said.

April 23, 2024

JP Morgan, UBS led all mining M&A financial advisers by deal value in Q1 — report

According to Aurojyoti Bose, lead analyst at GlobalData, the involvement in the $2.2 billion Alcoa-Alumina M&A deal helped these two firms top the chart by value.

April 23, 2024

Iron ore price slides to nearly one-week low on subdued Chinese steel market

Steel consumption was suppressed in the short term due to rainy weather in southern regions of China.

April 23, 2024

Zuma’s party wants to nationalize land, mines in South Africa

MKP wants to nationalize strategic mines, ArcelorMittal South Africa Ltd. and Sasol Ltd.

April 23, 2024

China loses appetite for Russian coal as import costs rise

Russian exports plunged 22% in the first quarter after Beijing imposed a tax regime that favors some of Russia’s rivals.