Central banks rein back on gold purchases in August — WGCThe WGC notes that only four central banks added gold (of a tonne or more) to their reserves during the month of August.Staff Writer | October 3, 2024 | 11:46 am
Chinese delegates jolt LME week with their newfound optimismFor the last couple of years, the biggest consumer and…Bloomberg News | October 3, 2024 | 9:53 am
China’s fast-growing copper champion is reshaping global metal supplyAfter a three-decade exploration and acquisition blitz, Zijin Mining Group is…Bloomberg News | October 2, 2024 | 4:58 pm
Pilbara Minerals to acquire Latin Resources for $369 million Latin Resources is focused on the Salinas lithium project in Brazil. Reuters | August 14, 2024 | 4:04 pm
Gold price falls 1% as chances of larger Fed rate cut dwindle Despite this pullback, the precious metal is trading near a record high it reached last month. Staff Writer | August 14, 2024 | 10:14 am
Northam Platinum warns of profit fall as low PGM prices persist Northam's bigger rival Impala Platinum has already said it will report a basic loss of up to 17.8 billion rand. Reuters | August 14, 2024 | 9:37 am
Perseus Mining takes stake in Guinea-focused miner Perseus has acquired a stake of almost 14% in Predictive Discovery Ltd. Bloomberg News | August 14, 2024 | 7:20 am
Iron ore price hits over 1-year low on bleak China credit data China's bank lending tumbled more than expected in July, hitting the lowest in nearly 15 years. Reuters | August 14, 2024 | 7:14 am
Could a union halt production at the world’s biggest copper mine? BHP's Escondida mine in Chile produced nearly 5% of the world's copper in 2023. Reuters | August 14, 2024 | 4:02 am
Wave of Chinese copper fills warehouses abroad as demand weakens China is typically a significant net copper importer, but weak local conditions have reversed global trade flows in recent months. Bloomberg News | August 13, 2024 | 12:55 pm
Lithium liquidity jumps on CME as traders seek arbitrage plays Open interest has continuously hit record after record since April. Bloomberg News | August 13, 2024 | 9:22 am
BHP workers at Escondida copper mine go on strike The strike at the world’s largest copper mine began at 8 a.m. Chile time and involves the union’s 2,400 members. Cecilia Jamasmie | August 13, 2024 | 3:53 am