Vitol hires Glencore, Trafigura iron ore traders in metals pushThe oil trader has been in talks to hire some of Glencore’s iron ore team, and some members have already quit and will be joining Vitol.Bloomberg News | September 12, 2024 | 10:46 am
Gold price hits new high as momentum builds for Fed rate cutSpot gold climbed 1.6% to a new all-time high of…Staff Writer | September 12, 2024 | 9:29 am
Gold’s outlook before CPI dataGold moved slightly higher, but the very short-term resistance line…Przemysław K. Radomski - Sunshine Profits | September 11, 2024 | 10:01 am
Zinnwald lithium project is now Europe’s 3rd largest Zinnwald now expects to churn out 16,000tpa to 18,000tpa of battery grade lithium at the project in Germany — a 50% increase. Cecilia Jamasmie | July 12, 2024 | 6:41 am
Nearby copper price hit by weak China demand, warehouse surplus Industry sources say the reason behind record high contangos is climbing costs of financing metals fuelled by higher interest rates. Reuters | July 11, 2024 | 9:43 am
Gold price tops $2,400 again on signs of cooling inflation Spot gold jumped 2% to $2,418.78 an ounce by 9:10 a.m. ET, its highest in almost two months. Staff Writer | July 11, 2024 | 8:21 am
Uganda is latest African nation eying gold as currency shield Uganda plans domestic gold purchases to build foreign exchange reserves. Bloomberg News | July 11, 2024 | 7:39 am
Iron ore price swings higher as traders await Beijing policy signals The steelmaking material rallied as much as 3.6% in Singapore on Thursday, following days of fluctuations. Bloomberg News | July 11, 2024 | 4:30 am
BHP halts Western Australia nickel mines on weak prices, glut Decision affects the Mt Keith and Leinster operations, the Kwinana refinery, the Kalgoorlie smelter, and the the West Musgrave project. Cecilia Jamasmie | July 11, 2024 | 3:58 am
Mining vs AI: What’s wrong with this picture? As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks. Frik Els | July 10, 2024 | 6:15 pm
Column: China’s refined copper imports remain surprisingly strong China once again holds the key to copper's fortunes as the market waits for the world's largest buyer to shake off its property woes. Reuters | July 10, 2024 | 2:04 pm
Gatos Silver soars on record quarterly zinc production Gatos had production of 2.3 million oz. of silver, 19.1 million lb. of zinc and 12 million lb. of lead in Q2 2024. Staff Writer | July 10, 2024 | 11:42 am