Markets Top Stories

Glencore, Trafigura target spot prices for mined copper sales, sources say

The traders are pushing Asian smelters to accept low spot prices for turning their mined copper into metal this year, as opposed to industry benchmarks.

Reuters | January 18, 2024 | 9:17 am

Column: Surging exchange stocks pile the pressure on nickel

Nickel was the worst performer among the London Metal Exchange's…

Reuters | January 18, 2024 | 9:15 am

Saudi Arabia flags commodity trading ambitions with DME stake

The owner of Saudi Arabia’s stock market has acquired a…

Bloomberg News | January 18, 2024 | 7:51 am

Gold price drops to near $2,000 on hawkish Fed comments

Gold is now at its lowest in 2024 after starting…

Staff Writer | January 17, 2024 | 9:26 am

Iron ore futures retreat amid weak China data

The benchmark February iron ore on the Singapore Exchange slid…

Reuters | January 17, 2024 | 8:44 am

Iron ore price up on rising Chinese steel output

The downstream steel demand has been continuously recovering, said a senior analyst at Mysteel.

Staff Writer | March 9, 2023 | 8:47 am

Lithium Royalty raises $109 million in biggest Canadian IPO since May

The Toronto-based company sold 8.82 million shares for C$17 apiece in its IPO.

Bloomberg News | March 9, 2023 | 7:19 am

Battery metal frenzy outshines recovery fears at PDAC

The rush for battery metals has prompted a flurry of activity from investors not typically associated with the mining industry.

Bloomberg News | March 8, 2023 | 12:28 pm

Canada will not retrospectively target Chinese investments in mining companies, minister says

In November, Canada had asked three Chinese companies to sell their stakes in Toronto-listed lithium explorers following a national security review.

Reuters | March 8, 2023 | 11:21 am

Piedmont Lithium hit with short-seller report on Ghana mine

Blue Orca Capital alleged that mining licenses in Ghana obtained by a company it invested in were through what appeared to be "textbook corruption."

Reuters | March 8, 2023 | 11:01 am

RBPlat says takeover uncertainty impacting operations

Both Impala and Northam have built up significant shareholdings in RBPlat since late 2021.

Reuters | March 8, 2023 | 10:38 am

Gold price regains ground as US dollar rally cools

“Gold will trade defensively, likely straddling $1,800 into the March FOMC," an analyst predicted.

Staff Writer | March 8, 2023 | 9:13 am

One year after nickel fiasco, LME left with multiple headaches

The 146-year old exchange is fighting to mend its reputation amid a host of lawsuits, vigorous action by regulators and struggling volumes.

Reuters | March 8, 2023 | 5:25 am

LME faces further legal action in London court

The exchange is facing further legal action in London by a company called Double Eight Ltd.

Reuters | March 7, 2023 | 10:09 am

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