Markets Top Stories

Graphic: Demand headwinds mean no respite in pressure on aluminum prices

Benchmark aluminum on the LME fell to a five-week low on Wednesday.

Reuters | August 16, 2023 | 8:25 am

HKEX remains committed to LME – CEO

The metal industry has speculated whether HKEX might sell either…

Reuters | August 16, 2023 | 7:44 am

Citi buys large amounts of zinc for lucrative LME warehouse deal

Much of the zinc going on LME warrant was sold…

Reuters | August 16, 2023 | 7:33 am

Esmark CEO says has money in bank account for $7.8 billion US Steel bid

Chief executive James Bouchard said he had $10 billion available…

Reuters | August 15, 2023 | 1:22 pm

McEwen eyes copper IPO as soon as November for Argentina project

While McEwen is funded into next year as it drills…

Bloomberg News | August 15, 2023 | 10:18 am

Iron ore price falls on China covid woes, recession fears

Goldman Sachs expects the metal price to average $100 per tonne in Q2 2022.

MINING.COM Staff Writer | July 6, 2022 | 9:03 am

Potanin a major obstacle to $60 billion Rusal, Nornickel merger

Potanin has said a tie-up could strengthen the companies' defences against any sanctions the West might impose on them.

Reuters | July 6, 2022 | 6:39 am

Gold price sinks to half-year low amid growing recession fears

The dollar surged to its highest in about 20 years as investors, worried about a potential recession, retreated to the haven asset.

Staff Writer | July 5, 2022 | 12:08 pm

Copper price lowest since November 2020 on economic slowdown worries

Prices extended decline as aggressive interest rates, a spike in covid-19 cases in China, potential recession, and rising inventories weighed on investor sentiment.

MINING.COM Staff Writer | July 5, 2022 | 8:11 am

Bank of England takes deep dive into ‘opaque’ commodities

Big UK banks have up to 50% of their total core capital of gross exposure to commodity producers, suppliers, and traders, and to commodity derivatives.

Reuters | July 5, 2022 | 7:26 am