March 27, 2024

Global Commodities Holdings to work with ICE to create nickel contract

GCHL started looking at the potential of a Class 1 or higher grade nickel trading platform after the crisis at the London metal Exchange two years ago.

March 27, 2024

Aluminum price falls as weak China demand weighs on industrial metals

The LMEX Metals Index, which tracks the six main base metals, rose to an eight-month high earlier in March.

March 26, 2024

LME says its Baltimore warehouses unaffected by bridge collapse

Facilities in Baltimore had 756 metric tons of nickel, 150 tons of tin and 50 tons of copper.

March 26, 2024

Star Diamond acquires Rio Tinto’s 75% interest in the Fort à la Corne diamond project

Star Diamond now owns 100% of the project in central Saskatchewan.

March 26, 2024

Commodities will rally when the Fed cuts rates, Invesco says

Commodities have done well in the past five easing cycles, a senior analyst said.

March 26, 2024

Banks shying away from fossil fuels bolster private credit deals

The value of private credit deals in the oil and gas industry topped $9 billion in the 24 months through 2023, up from $450 million arranged in the preceding two…

March 26, 2024

Mako Mining expands into South America with deal to acquire Goldsource

This acquisition, says Mako, creates a "clear path to over 100,000 ounces per year of gold production."

March 26, 2024

Silvercorp clears way for Perseus Mining takeover of OreCorp

Perseus and Silvercorp vied for months to acquire the Africa-focused gold explorer, which owns the Nyanzaga gold project in Tanzania.

March 26, 2024

Gold price climbs toward record ahead of US inflation data release

The precious metal was also bolstered on Tuesday by weaker US dollar.

March 26, 2024

Iron ore hit by fresh selling as traders fret over China demand

The absence of strong policy signals from Beijing has fueled uncertainty on whether construction activity will pick up.