Deep contango in LME base metals signals weak nearby buying interestSpot prices for copper and aluminum in London have moved to sharply deeper discounts to the three-month contract this week.Reuters | June 11, 2024 | 10:34 am
Elliott steps in to back faltering Canadian copper miner after bankruptcyBefore Monday’s bankruptcy filing, Nevada Copper had attracted two bidders…Bloomberg News | June 11, 2024 | 10:25 am
Iron ore price tumbles to 2-month low on concerns over weakening China demandIron ore supply has risen while demand has softened and…Reuters | June 11, 2024 | 7:45 am
Red Pine says former CEO tampered with Wawa gold assays In total, 532 out of approximately 98,000 drill core assay results in the overall database appear to have been manipulated. Staff Writer | May 10, 2024 | 8:54 am
Copper price above $10,000 as supply worries counter faltering demand Prices of copper have risen 17% this year on fears of shortages. Bloomberg News | May 10, 2024 | 7:58 am
Iron ore price hits more than 2-week low on rising inventory, demand caution Prices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook. Reuters | May 10, 2024 | 7:36 am
Trafigura delivers large amounts of aluminum to LME for lucrative rent deals Total aluminum stocks in LME warehouses climbed 88% this week, to the highest level since January 2022. Reuters | May 10, 2024 | 7:29 am
Rio Tinto has not ruled out bid for Anglo American — report While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American. Cecilia Jamasmie | May 10, 2024 | 6:45 am
Lucara Diamond records strong quarter at Karowe mine Key milestones, including the recovery of high-quality diamonds at the Botswana mine and a new long-term sales deal, contributed to the results. Staff Writer | May 10, 2024 | 3:40 am
NexGen stock rises on $250m uranium purchase deal The uranium developer inked an agreement with MMCap International for the procurement of 2.7 million pounds of uranium concentrate. Staff Writer | May 9, 2024 | 9:05 am
Nutrien beats quarterly profit estimates on robust North America demand An early start to spring planting season in the region helped fertilizer demand. Reuters | May 9, 2024 | 7:18 am
Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey The autocatalyst maker said it expected the platinum market's deficit to increase to 598,000 ounces this year. Reuters | May 8, 2024 | 4:12 pm