Hedge funds are hoarding cobalt amid battery metal slumpCobalt futures trading has taken off on CME Group’s Comex exchange, creating a way for traders to hedge their physical positions in the newly liquid futures market. Bloomberg News | July 1, 2024 | 10:03 am
Shares in China rare earth producers rise after new regulationsBeijing announced regulations aimed at protecting supplies of the strategic…Reuters | July 1, 2024 | 9:24 am
B2Gold invests in Yukon-focused explorer Prospector MetalsThe gold major has taken up a 9.99% equity position…Staff Writer | June 30, 2024 | 9:25 am
Rupert Resources offers to buy B2Gold’s 70% interest in Finland JV B2Gold partner Aurion holds a right of first refusal with respect to the proposed sale. Staff Writer | March 11, 2024 | 8:39 am
Iron ore price tumbles on persistently weak fundamentals in China Property market in China, the largest steel consumer, has been hit hard by a debt crisis. Reuters | March 11, 2024 | 6:46 am
Dubai’s gold shops take a hit as record prices deter buyers The ever-higher prices reached by gold are turning Dubai’s traditional bazaar into more of a window-shopping experience. Bloomberg News | March 10, 2024 | 10:39 am
Copper price soars to 7-month high on Chinese plans to cut output China's biggest copper smelters have agreed to a symbolic cut in loss-making production, without specifying volumes and timing. Reuters | March 10, 2024 | 9:22 am
Column: Booming CME contract a sign of aluminum’s Atlantic drift Activity on the CME's aluminum contract has shifted up several gears in recent months. Reuters | March 8, 2024 | 9:32 am
Gold price closes in on $2,200/oz after US jobs data “We expect gold prices to trade higher this year as safe-haven demand continues to be supportive amid geopolitical uncertainty," one analyst says. Staff Writer | March 8, 2024 | 9:24 am
Taseko posts record revenue in 2023, sets target for first copper production at Florence The company is expecting first production from its fully permitted Florence copper project in Arizona in the fourth quarter of 2025. Staff Writer | March 8, 2024 | 8:51 am
Copper fees plunge close to zero in test for China’s smelters China’s copper smelters are at a critical juncture after fees for processing imported ore collapsed to single figures. Bloomberg News | March 8, 2024 | 7:53 am
China coal group says peak demand imminent as clean power grows Coal is being displaced in the power sector due to a surge in wind and solar additions last year, says the China National Coal Association. Bloomberg News | March 8, 2024 | 3:05 am