Global refined copper surplus swells in first half of 2024 — reportNew data from the ICSG indicated a preliminary surplus of about 488,000 tonnes, which is significantly higher than the 115,000 tonnes for H1 2023.Staff Writer | August 25, 2024 | 8:35 am
Hedge funds boost bullish wagers on gold to four-year highHedge funds and other large speculators boosted net-long positions by…Bloomberg News | August 23, 2024 | 2:56 pm
Gold mid-tiers’ Q2 2024 fundamentalsFueled by dazzling record gold prices and lower mining costs,…Adam Hamilton - Zeal Intelligence | August 23, 2024 | 11:15 am
More Chinese nickel seen flowing overseas after LME’s Russia ban Overseas sales jumped more than 200% in March from the previous month. Bloomberg News | April 25, 2024 | 6:51 am
Teck copper output shoots up on QB mine, profit disappoints Canada’s largest diversified miner saw its copper production jump by 74% in the first three months of the year. Cecilia Jamasmie | April 25, 2024 | 6:11 am
Newmont beats quarterly profit, production estimates on Newcrest assets boost Newmont also saw higher average gold price at $2,090 per ounce in the January-March quarter. Reuters | April 25, 2024 | 4:35 am
BlackRock says $12,000 copper is needed to incentivize new mines BlackRock has been among the most bullish voices in the copper market for years. Bloomberg News | April 24, 2024 | 7:25 pm
Gold Royalty, Taurus Mining Royalty enter three-year co-investment partnership Each party will have the right to invest between 25% and 50% in select asset transactions with a value of $30 million or more. Staff Writer | April 24, 2024 | 9:16 am
Equinox buys out Orion for nearly $1bn as it readies Greenstone for first gold Equinox bought Premier Gold for the project, located 275 km northeast of Thunder Bay. Colin McClelland | April 24, 2024 | 8:48 am
Iron ore price rebounds to 6-week high on renewed China demand hopes, lower shipments Iron ore fundamentals have improved and the valuation of the ferrous market is expected to rise, analysts at Galaxy Futures said in a note. Reuters | April 24, 2024 | 7:53 am
China coal prices have bottomed, will surpass 2023 highs, industry group says Demand for the fuel has been hit by a slowdown in the cement industry. Reuters | April 24, 2024 | 7:51 am
Dalian Commodity Exchange adjusts trading limits after iron ore price rally The statement came after iron ore futures prices rose by more than 3% in day trading. Reuters | April 24, 2024 | 7:41 am