Hong Kong ousts Dubai as biggest hub for Russian gold tradeThe city has long been a key conduit for bullion entering the Chinese mainland — the world’s biggest consumer market.Bloomberg News | November 15, 2023 | 10:01 am
Iron ore price back above $130 on China stimulusBeijing plans to provide at least $137 billion in low-cost…Staff Writer | November 15, 2023 | 9:15 am
Sigma Lithium shares jump as it posts first quarterly profitThe miner reported revenue of $97 million in Q3, marking…Staff Writer | November 15, 2023 | 8:29 am
Copper price set for weekly drop on demand concerns, stronger dollar Asian stock markets were cautious and the dollar was set for a weekly gain. MINING.COM Staff Writer | November 18, 2022 | 8:45 am
China’s October aluminum imports drop 34% amid rising supply, weak demand The country brought in 196,460 tonnes, including primary metal and unwrought, alloyed aluminum, last month. Reuters | November 18, 2022 | 7:44 am
Silver heads for biggest deficit in decades, Silver Institute says Global demand for silver is expected to rise 16% this year to 1.21 billion ounces, according to the Silver Institute. Reuters | November 17, 2022 | 5:20 pm
Rio to pursue Turquoise bid after ending talks with minority shareholders Rio said it will proceed with the acquisition of the 49% stake in Turquoise and will work with the special committee for a new shareholder meeting. Reuters | November 17, 2022 | 2:12 pm
LME raises initial margins on nickel by 28% after volatility A notice released on Wednesday said the initial margin for nickel would climb to $6,100 a tonne effective after close of business on Friday. Reuters | November 17, 2022 | 9:41 am
South Africa’s PIC won’t sell stake key to platinum takeover battle South Africa’s Public Investment Corp. said it’s decided against selling its shares in Royal Bafokeng Platinum Ltd. Bloomberg News | November 17, 2022 | 7:48 am
Lucara extends sales deal with HB by 10 years It allows Lucara sell its +10.8 carat diamond production from Karowe mine, which account for 60% to 70% of its revenue. Cecilia Jamasmie | November 17, 2022 | 7:08 am
SQM expects high lithium prices to stay put The world's second largest lithium miner also forecast global demand of the battery metal to grow this year by at least 40%. Cecilia Jamasmie | November 17, 2022 | 3:43 am
South Africa’s competition tribunal approves Impala-RB Platinum merger The tribunal said the conditions include Impala honouring its current contracts and securing commercial terms for the renewal of contracts. Reuters | November 16, 2022 | 10:25 am