Metals whipsawed as sanctions on new Russian supplies rattle LMEAluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.Bloomberg News | April 15, 2024 | 8:11 am
Horizonte Minerals fails to secure financing, considering mine saleThe company considers selling its Brazilian nickel mine amidst low…Staff Writer | April 15, 2024 | 7:21 am
OceanaGold gets initial approval for Philippine unit’s IPOProceeds from the offering, as OceanaGold had disclosed, will be…Staff Writer | April 15, 2024 | 6:41 am
Iron ore price drops as China central bank’s rate move defies expectation China's central bank left the medium-term policy rate unchanged on Monday. Reuters | January 15, 2024 | 7:07 am
LME CEO aims to have first contracts with Shanghai futures exchange in 2024 The specific contacts to be launched with ShFE were still under discussion. Reuters | January 15, 2024 | 6:51 am
First Quantum to halt Ravensthorpe nickel mine The miner will sell nickel from the stockpiles for the next 18 months to two years, but would have to cut 30% of the workforce. Cecilia Jamasmie | January 15, 2024 | 3:56 am
Gold-inflation disconnect Gold’s vexing disconnect from reported inflation took center stage again this week. Adam Hamilton - Zeal Intelligence | January 12, 2024 | 10:23 am
Gold price rallies on geopolitical risks and Fed rate cut bets Treasury yields and the dollar weakened after the PPI report. Bloomberg News | January 12, 2024 | 10:02 am
China copper smelter margins squeezed by tight supply of raw material The scramble to secure supply has meant Chinese smelters have had to accept a cut in treatment charges. Reuters | January 12, 2024 | 9:04 am
Uranium price jumps to 15-year high as top miner flags shortfall Kazatomprom said shortages of sulfuric acid and construction delays may result in missed production targets for the next two years. Cecilia Jamasmie | January 12, 2024 | 5:53 am
Zijin Mining invests $97 million in Solaris Resources for a 15% stake Solaris intends to use the funds to advance its flagship Warintza copper project in southeast Ecuador. Staff Writer | January 11, 2024 | 10:14 am
Iron ore price rebounds on renewed hopes of China stimulus The benchmark February iron ore on the Singapore Exchange climbed nearly 1%. Reuters | January 11, 2024 | 10:10 am