LME to change the way closing prices are determinedThe changes will extend the volume-weighted average price methodology to five additional prompt dates for aluminum, copper, zinc, lead and nickel.Reuters | September 14, 2023 | 8:37 am
Global silver demand to fall 9.4% in 2023, Chile’s Cochilco saysMarket, however, will maintain a deficit, according to a report…Reuters | September 14, 2023 | 7:38 am
Gold price retreats as market digests US CPI data“Precious metal investors are less worried about higher inflation and…Staff Writer | September 13, 2023 | 9:16 am
Magna Mining acquires Crean Hill mine with Lonmin Canada takeover The aggregate purchase price for the outstanding shares of Loncan will be equal to C$16 million. Staff Writer | August 16, 2022 | 11:16 am
Looming copper squeeze may force market to seek a recycling fix Annual copper demand is set to expand 53% to 2040, mainly driven by the electrification of transport and infrastructure, BNEF analysts said. Bloomberg News | August 16, 2022 | 10:17 am
Zinc price hits two-month high as Nyrstar halts production Budel smelter in the Netherlands will be put on care and maintenance from September 1 until further notice. MINING.COM Staff Writer | August 16, 2022 | 8:28 am
LME bans Russian nickel from approved UK warehouses Decision follows an April 1 resolution that blocked other Russian metals including copper, lead and aluminum from British warehouses. MINING.COM Editor | August 16, 2022 | 6:28 am
Zimbabwe offers target-beating incentive for biggest gold miners Large producers that exceed their goals will receive 80% of the payment for the additional output in foreign currency. Bloomberg News | August 16, 2022 | 5:29 am
World’s top jewellery maker Pandora ditches mined diamonds The Pandora Brilliance collection, to be launched across US and Canada, is also the first crafted with 100% recycled silver and gold. Cecilia Jamasmie | August 16, 2022 | 3:49 am
BHP hits profit record and sees demand healing in China The world's largest miner by market value said coal and copper prices have risen in the recent months due to tight supply and geopolitical tensions. Bloomberg News | August 15, 2022 | 3:41 pm
Anglo coal spinoff weighs acquisitions after record profit Thungela Resources is searching for assets to buy after first-half profit surged on record-high fuel prices. Bloomberg News | August 15, 2022 | 10:30 am
Gold price drops with China slowdown, Fed minutes in focus Despite coming off a fourth weekly gain, bullion has now come under pressure from a stronger US dollar. Staff Writer | August 15, 2022 | 9:44 am