Trafigura gets $500 million to buy Saudi’s non-crude commoditiesThe three-year deal gives Trafigura a big new chunk of credit tor trading at a time when energy prices are rising again.Bloomberg News | September 27, 2023 | 9:07 am
Gold price down 1% with higher Fed rate bets supporting dollarOn the flip side, gold continued to find some support…Staff Writer | September 27, 2023 | 9:00 am
Climate targets threatened by lack of mining investment: McKinseyReport reveals looming shortages of minerals key to the energy…Cecilia Jamasmie | September 27, 2023 | 3:50 am
Copper price rises on China demand optimism Copper has rebounded by 17% since touching 20-month lows on July 15. MINING.COM Staff Writer | August 26, 2022 | 9:22 am
Gold price retreats on Powell’s remarks at Jackson Hole meeting Gold's decline comes after Powell signalled that the US central bank will likely keep raising interest rates and leave them elevated for a while. Staff Writer | August 26, 2022 | 9:20 am
Tesla’s battery metals bill balloons to $100 billion Raw material costs have more than doubled since Elon Musk said Tesla will produce 20 million vehicles per year before 2030. Frik Els | August 25, 2022 | 3:07 pm
Gold price pares gains as traders weigh US data, Fed rate hike path The government’s main measures of US growth pointed in different directions in the first half of 2022, underpinning further debate on the health of the economy. Bloomberg News | August 25, 2022 | 9:19 am
Iron ore price rises as Chinese steel mills ramp up output China's move to support its economy, including funding support for infrastructure projects, also boosted sentiment. MINING.COM Staff Writer | August 25, 2022 | 8:33 am
Gold Fields sees progress in winning investors over to Yamana deal Shares in South Africa-headquartered Gold Fields dropped 20% when the deal was unveiled. Reuters | August 25, 2022 | 8:04 am
Gold price wavers as traders weigh outlook for Fed tightening path Investors are assessing how aggressively the Fed can continue hiking rates in the face of mounting risks to growth. Bloomberg News | August 24, 2022 | 9:32 am
Aluminum price climbs on supply snags, but grim demand outlook weighs Around 1 million tonnes of aluminum capacity has been taken offline in Europe. Reuters | August 24, 2022 | 8:27 am
Chinese nickel trader Lygend readies $1 billion IPO launch Lygend is the latest producer of battery raw materials to ride on the electric vehicle boom to raise funds in Hong Kong. Bloomberg News | August 24, 2022 | 8:18 am