Markets Top Stories

Petra Diamonds says the worst is likely over

Petra's 20% increase in like-for-like prices for its latest tender of financial year 2024 supports its view that diamond prices have bottomed.

Cecilia Jamasmie | December 8, 2023 | 6:34 am

Marex Group files for US IPO

British commodities broker announced plans on Friday to list its…

Reuters | December 8, 2023 | 6:26 am

New Abaxx exchange to launch nickel sulphate futures in Q1 2024

A new Singapore-based commodities exchange plans to launch trading in…

Reuters | December 8, 2023 | 6:09 am

ATHA announces three-way merger with Latitude, 92 Energy to bolster Canadian uranium portfolio

ATHA is holder of the largest cumulative exploration package in…

Staff Writer | December 7, 2023 | 3:17 pm

Geopolitics, central banks to provide support for gold in 2024 — report

The WGC sees heightened geopolitical tensions plus continued central bank…

Staff Writer | December 7, 2023 | 12:01 pm

UEC wins $17.8m award from Department of Energy to supply uranium concentrates

The US nuclear reactor fleet, which provides about 20% of America's electricity production and over half of its clean energy, imports nearly 60% of its current uranium requirements from Russia, Kazakhstan and Uzbekistan.

Staff Writer | December 21, 2022 | 8:31 am

Indonesia confirms bauxite export ban to proceed as scheduled

The measure, which led to a dispute at the World Trade Organization, also helped boost the value of Indonesia's exports.

Reuters | December 21, 2022 | 7:56 am

Gold price rises to 4-month high after Bank of Japan’s surprise policy tweak

Gold has risen above the key $1,800 level as the US dollar dropped after the Bank of Japan's surprise policy tweak.

Staff Writer | December 20, 2022 | 9:05 am

Column: Commodity forecasts are absurd, but China is key as Ukraine fades

While 2022 has largely been a story of the necessity of fossil fuels, it's likely that the surging prices accelerate the drive to renewable energies.

Reuters | December 20, 2022 | 9:01 am

Falling inventories boost aluminum price but surpluses lie ahead

Rising covid cases in China and expectations of surplus supply next year limited gains.

Reuters | December 20, 2022 | 8:41 am

Nornickel mulls cutting output by 10% next year

The war in Ukraine has impacted the miner by disrupting logistics, insurance and shipping.

Bloomberg News | December 20, 2022 | 8:30 am

Column: Zinc stocks at historic lows after a year of smelter woes

Where has all the zinc gone?

Reuters | December 20, 2022 | 8:13 am

Australia expects sharp lithium price pullback in 2024

Record spot prices will lift contract values for lithium miners next year but a surge in production to over 1 million tonnes by 2024 will put downward pressure on prices, according to a new government report.

Frik Els | December 19, 2022 | 3:44 pm

Electric vehicle production set to surge in 2023 despite low sales

Starting next year, a wave of new electric vehicles from pickup trucks to middle market SUVs and sedans will hit the world's major markets.

Reuters | December 19, 2022 | 1:43 pm

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