Markets Top Stories

Zinnwald lithium project is now Europe’s 3rd largest

Zinnwald now expects to churn out 16,000tpa to 18,000tpa of battery grade lithium at the project in Germany — a 50% increase.

Cecilia Jamasmie | July 12, 2024 | 6:41 am

Nearby copper price hit by weak China demand, warehouse surplus

Industry sources say the reason behind record high contangos is…

Reuters | July 11, 2024 | 9:43 am

Gold price tops $2,400 again on signs of cooling inflation

Spot gold jumped 2% to $2,418.78 an ounce by 9:10…

Staff Writer | July 11, 2024 | 8:21 am

Uganda is latest African nation eying gold as currency shield

Uganda plans domestic gold purchases to build foreign exchange reserves.

Bloomberg News | July 11, 2024 | 7:39 am

Iron ore price swings higher as traders await Beijing policy signals

The steelmaking material rallied as much as 3.6% in Singapore…

Bloomberg News | July 11, 2024 | 4:30 am

Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal

Teck has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal.

Reuters | April 2, 2024 | 9:43 am

Lithium trading hits record on CME as funds seize budding market

The drop in lithium prices has flipped the market into a contango, creating opportunities for funds.

Bloomberg News | April 2, 2024 | 8:10 am

Iron ore’s reset to $100 heralds China’s new economy shift

Iron ore’s weakness comes amid tentative signs that the wider economy is beginning to heal.

Bloomberg News | April 2, 2024 | 7:41 am

Shanghai exchange to work on nickel futures internationalization

The Shanghai exchange will look to take advantage of restructuring in the global nickel pricing system, its deputy general manager said.

Reuters | April 2, 2024 | 7:04 am

Deutsche Bank says Glencore may weigh listing move to US

The firm’s primary listing could come into focus due to a lack of shareholder support for a plan to split off its coal business and list it separately in New York.

Bloomberg News | April 2, 2024 | 6:40 am

Copper price rallies amid rising optimism on Chinese economic outlook

Investors are becoming more optimistic about the world’s second-largest economy after the official March manufacturing purchasing figures.

Bloomberg News | April 2, 2024 | 5:28 am

Gold Fields begins gold production at new Chilean mine

The almost $1.2bn Salares Norte mine faced some unique challenges, including relocating a handful of endangered rodents, rocketing costs and technical delays.

Cecilia Jamasmie | April 2, 2024 | 3:54 am