World’s biggest steel producer warns of ‘severe’ industry crisisConditions in China’s steel sector are like a “harsh winter” that will be “longer, colder and more difficult to endure than we expected,” Baowu Steel's chairman said.Bloomberg News | August 18, 2024 | 2:10 pm
Miners down tools at two Chilean copper mines, as majors struggle to maintain production levelsThe copper market continues to be challenged by supply issues,…Rick Mills - Ahead of the Herd | August 16, 2024 | 3:10 pm
Lithium Argentina shares rise as Ganfeng takes project stakeThe Pastos Grandes project is a lithium brine development located…Northern Miner Staff | August 16, 2024 | 11:27 am
Horizonte Minerals fails to secure financing, considering mine sale The company considers selling its Brazilian nickel mine amidst low prices and supply surplus from Indonesia. Staff Writer | April 15, 2024 | 7:21 am
New metals sanctions push Russia further into China’s embrace The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments. Bloomberg News | April 15, 2024 | 7:01 am
OceanaGold gets initial approval for Philippine unit’s IPO Proceeds from the offering, as OceanaGold had disclosed, will be applied towards debt repayment. Staff Writer | April 15, 2024 | 6:41 am
Iron ore climbs to multi-week high on lower shipments, hopes of China stimulus Iron ore shipments from top suppliers Australia and Brazil tumbled by 28.8% week-on-week. Reuters | April 15, 2024 | 3:11 am
Rusal says new Western sanctions won’t hurt its aluminum supply Goldman Sachs also said it did not expect an immediate supply shock. Reuters | April 15, 2024 | 3:07 am
CME bans Russian-origin aluminum after US, UK impose new sanctions CME Group has suspended from its platform aluminium produced in Russia from April 13 Reuters | April 14, 2024 | 12:58 pm
Gold prices at a record high are keeping pawn shops busy Record prices pushing toward $2,500 an ounce are proving hard to resist. Bloomberg News | April 14, 2024 | 10:50 am
LME bans Russian-origin metal after UK, US impose new sanctions The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13. Reuters | April 13, 2024 | 11:59 am
US, UK take action targeting Russian aluminum, copper and nickel A UK official said London expected any market disruption to stabilize quickly. Reuters | April 12, 2024 | 2:28 pm