NexGold, Signal Gold merger aims to create 200,000 oz/y producerThe transaction, said the companies, would bring two near-term development projects together and eliminate the single-asset risks.Staff Writer | October 10, 2024 | 11:49 am
Russian LME aluminum stocks account for 66% of total in SeptemberThe share of aluminum of Indian origin rose to 32%…Reuters | October 10, 2024 | 10:09 am
Founders Metals shares rise on financing, investment from precious metals majorThe funds will be used for exploration activities at its…Staff Writer | October 10, 2024 | 8:17 am
Global gold ETFs saw fourth month of inflows in August, says WGC A stronger gold price and recent inflows pushed the total assets under management to a month-end peak of $257.3 billion in August. Reuters | September 5, 2024 | 7:43 am
First Majestic to expand in Mexico with $970m Gatos Silver buy Move hands First Majestic a group of high-grade, large silver deposits in the Los Gatos district of Mexico’s Chihuahua state. Cecilia Jamasmie | September 5, 2024 | 3:43 am
Column: West plugs defences as China cranks up aluminum output China's primary aluminum smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country. Reuters | September 4, 2024 | 2:50 pm
Carlyle’s Currie sees copper price capped at $9,500 on China demand The red metal has fallen 19% from May’s all-time high of $11,104.50, pressured by bloated inventories and signs that consumption in China is soft. Bloomberg News | September 4, 2024 | 9:42 am
Iron ore price tumbles toward $90 on weak Chinese steel outlook The most actively traded January iron ore contract on China's Dalian Commodity Exchange hit its lowest level since August 2023. Staff Writer | September 4, 2024 | 7:51 am
LME seeks to boost electronic trading, reassure physical users The measures attempt to navigate a recurring tension between traditional physical users and the financial community which prefers electronic trading. Reuters | September 4, 2024 | 7:07 am
Uranium market under pressure, but long-term outlook remains positive BMO expects uranium demand to grow by 2.9% yearly through 2035, driven by China’s push to build new reactors and the potential for reactor restarts in North America. Henry Lazenby - The Northern Miner | September 3, 2024 | 4:02 pm
Miners are dumping every single ounce they produce Rising silver prices will, in theory, incentivize more production. But the costs of extraction are rising sharply. Stefan Gleason - Money Metals Exchange | September 3, 2024 | 10:52 am
Column: Fading China optimism hits iron ore prices, but not yet volumes The property sector has so far failed to respond to a series of stimulus measures from Beijing, and remains a drag on the overall economy. Reuters | September 3, 2024 | 8:39 am