Markets Top Stories

LME aluminum queue jumps to five months after Trafigura delivery

Exchange data showed a wait of 159 days for aluminum at warehouses owned by Istim Metals at Port Klang in Malaysia at the end of May.

Bloomberg News | June 10, 2024 | 8:47 am

Botswana in talks to raise stake in De Beers

President Mokgweetsi Masisi also said the government will play a…

Cecilia Jamasmie | June 10, 2024 | 5:43 am

Nevada Copper files for bankruptcy, names new top boss

It has also halted its Pumpkin Hollow copper mine in…

Staff Writer | June 10, 2024 | 3:42 am

Gold summer doldrums 2024

Gold, silver, and their miners’ stocks suffer their weakest seasonals…

Adam Hamilton - Zeal Intelligence | June 7, 2024 | 10:36 am

Gold price falls most in two years on jobs data, China buying pause

After surging to a record above $2,450 an ounce, bullion…

Bloomberg News | June 7, 2024 | 10:02 am

US Gold surges after obtaining Wyoming mining permit

A 2021 pre-feasibility study gave the project a 10-year mine life, averaging 108,500 oz. of gold equivalent output per year.

Staff Writer | May 8, 2024 | 8:44 am

Lab diamonds just won a battle, not the war

Despite the hype, man-made diamonds only account for 20% of global diamond jewellery sales and analysts expect their price to fall.

Cecilia Jamasmie | May 8, 2024 | 8:20 am

De Grey Mining launches $395m equity raising for Western Australia gold project

The miner expects full construction activities at the Hemi gold project to start in the second half of 2024.

Reuters | May 7, 2024 | 7:53 pm

Column: LME checks Russian aluminum play but is it game over?

The London Metal Exchange's warning shot to those looking to game the new sanctions on Russian aluminum appears to have worked.

Reuters | May 7, 2024 | 7:58 am

Copper price touches $10,000 again as Goldman sees ‘stockout’ risk

Goldman raised its year-end price target to $12,000 a ton, from $10,000 previously.

Bloomberg News | May 7, 2024 | 7:09 am

Bushveld Minerals to sell Vanchem unit to ease financial woes

The vanadium producer warned that if this funding scheme fails, it would have no option but to apply for business rescue.

Staff Writer | May 7, 2024 | 6:21 am

BHP bombshell puts South African mining in a hole

South African officials have so far given BHP’s proposal a mixed reception.

Reuters | May 6, 2024 | 9:51 am

Gold price advances as investors weigh mixed signals on US economy

The precious metal climbed as much as 1% on Monday, following back-to-back weekly losses.

Bloomberg News | May 6, 2024 | 8:04 am

Red Pine confirms Wawa gold assays after reported ‘inconsistencies’, stock rebounds

Red Pine confirmed that the issues are "unrelated to the integrity of its quality assurance/quality control measures".

Staff Writer | May 6, 2024 | 7:41 am

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