Aluminum market squeeze intensifies amid LME delays and rising costsThe market has also been eyeing a large long position in October contracts held by Trafigura Group.Staff Writer | October 7, 2024 | 6:55 am
Copper demand for electric vehicles is intact, trader IXM saysEV sales have slowed for reasons including a lack of…Reuters | October 7, 2024 | 6:46 am
Hedge fund Elliott loses appeal against dismissal of LME nickel lawsuitJudge ruled that the extreme price movement was "a once…Reuters | October 7, 2024 | 3:54 am
Chinese alumina producers increase output after surge in prices Alumina prices have climbed more than 40% this year. Bloomberg News | July 8, 2024 | 9:13 am
Silvercorp acquisition of Adventus hits roadblock Silvercorp sees potential cancellation of the environmental permit for Adventus' El Domo project as an unmet condition for closing the deal. Cecilia Jamasmie | July 8, 2024 | 3:36 am
Canada puts its big miners off limits just as M&A is heating up Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players. Bloomberg News | July 6, 2024 | 7:55 pm
Beyond 2024, nickel prices to increase steadily to 2028: Fitch Analyst expects upside risks – including but not limited to potential supply disruptions and a weakening of the US dollar to place a floor under prices throughout the year. Staff Writer | July 5, 2024 | 3:10 pm
Gold’s doldrums strength Gold has shown impressive strength weathering 2024’s summer doldrums. Adam Hamilton - Zeal Intelligence | July 5, 2024 | 10:55 am
Gold prices rise to one-month high after US jobs report Bullion is up more than 2% for the week so far. Reuters | July 5, 2024 | 9:51 am
Panic short-covering ignites Comex copper as shipments fail to arrive August futures on Comex on Friday climbed to a five-week high of $4.6965 a pound or $10,354 a metric ton. Reuters | July 5, 2024 | 9:31 am
Teck jumps on buyback, debt plan after coal sale to Glencore The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders. Bloomberg News | July 5, 2024 | 9:26 am
Copper price surpasses $10,000, expected to rise further, says Citigroup Longer term, the metal has a chance to reach $12,000 due to the onset of rate cuts. Staff Writer | July 5, 2024 | 8:27 am