Anglo American shrinks trading unit as part of major restructuringThe miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.Bloomberg News | July 22, 2024 | 10:37 am
Gold price slips as traders absorb Biden withdrawal from US electionSpot bullion traded just under $2,400 an ounce, erasing earlier…Bloomberg News | July 22, 2024 | 10:30 am
Indonesia launches nickel, tin online tracking systemThe system, known as SIMBARA, was first implemented in 2022…Reuters | July 22, 2024 | 9:19 am
After massive bust, global lithium market shows signs of life The spot price of lithium carbonate in China has rebounded to the highest level since December. Bloomberg News | March 12, 2024 | 7:44 am
Alcoa to buy Australian partner Alumina in $2.2bn all-stock deal Alumina owns about 40% of of Alcoa World Alumina & Chemicals, the world’s largest producer of the metal. Reuters | March 11, 2024 | 3:58 pm
China’s big policy meet offers little to excite commodity bulls The National People’s Congress failed to deliver gains in the prices of key commodities like iron ore and copper. Bloomberg News | March 11, 2024 | 10:07 am
Bolivia pitches Wall Street on bonds linked to lithium By tapping the market’s demand for clean-energy investments, the nation expects to drive borrowing costs to 10% or lower. Bloomberg News | March 11, 2024 | 9:47 am
Gold price steadies near record high as US inflation data looms Bullion for immediate delivery traded in a narrow range on Monday after rallying almost 5% last week. Bloomberg News | March 11, 2024 | 9:14 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