MBK, Young Poong secure over 5% stake in Korea ZincMBK and Young Poong had conducted a tender offer to purchase up to 14.6% of Korea Zinc shares, for an estimated price tag of up to $1.85 billion.Reuters | October 14, 2024 | 3:41 am
China’s Sept rare earth exports curbed by rising domestic demand, pricesThe world's largest producer of rare earths last month shipped…Reuters | October 14, 2024 | 3:34 am
Inside China’s bid to build sway over global metals pricingChina is locking in steps to shape the pricing of…Reuters | October 14, 2024 | 12:25 am
Founders Metals surges to new high on Antino drill results The new results are highlighted by another high-grade interval of 6 metres at 5.31 g/t gold. Staff Writer | July 22, 2024 | 12:09 pm
Anglo American shrinks trading unit as part of major restructuring The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce. Bloomberg News | July 22, 2024 | 10:37 am
Gold price slips as traders absorb Biden withdrawal from US election Spot bullion traded just under $2,400 an ounce, erasing earlier gains. Bloomberg News | July 22, 2024 | 10:30 am
High returns lure wealthy investors to fund coal as banks exit Wealthy Australians are emerging as an important pool of capital for financing coal projects shunned by banks. Bloomberg News | July 22, 2024 | 9:34 am
Indonesia launches nickel, tin online tracking system The system, known as SIMBARA, was first implemented in 2022 to track coal, with a plan to widen its use to other minerals. Reuters | July 22, 2024 | 9:19 am
Copper hits new three-month low with Chinese demand in focus Prices for the metal fell for a sixth day, even after China announced a surprise interest-rate cut. Bloomberg News | July 22, 2024 | 7:38 am
Karora shareholders back Westgold merger The only step remaining to create a 400,000+ ounces-per-year gold miner in Western Australian is Canadian court approval. Staff Writer | July 22, 2024 | 3:28 am
With no recovery in sight, lithium prices force miners to reevaluate output The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022. Bloomberg News | July 21, 2024 | 4:17 pm
South32 tumbles after $818 million alumina, nickel writedown Copper production for the three months to June 30 also fell 14% from the year before. Bloomberg News | July 21, 2024 | 4:11 pm