Gold price rally cripples physical demand in key marketsAnalysts hope that another crucial category of demand, physically backed gold exchange-traded funds, will see more activity in coming months.Reuters | October 1, 2024 | 9:22 am
Eros Resources to merge with Canadian mining rivalsEros would merge with MAS Gold and Rockridge Resources to…Reuters | October 1, 2024 | 8:53 am
Firms substituting cheaper aluminum for copper, trend growingCurrently, the price of copper is 3.8 times that of…Reuters | October 1, 2024 | 6:43 am
Dakota Gold receives $6 million investment from Orion Orion is also considering making a further equity investment that could increase the total proceeds to $8.8 million. Staff Writer | June 27, 2024 | 8:34 am
London Metal Exchange mulls adding warehouse in Hong Kong The LME is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China. Bloomberg News | June 27, 2024 | 7:40 am
Petra Diamonds cuts targets and costs in tough market Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million. Cecilia Jamasmie | June 27, 2024 | 3:49 am
Andurand ditches famed oil trades for copper and cocoa The pivot comes as the firm recovers from a record loss last year, ending a three-year winning streak. Bloomberg News | June 26, 2024 | 11:56 am
Sprott-backed gold trading platform secures investment, launch imminent Official launch of the Argo digital gold and precious metals platform is scheduled for next month. Staff Writer | June 26, 2024 | 11:27 am
Trafigura clinches share of major zinc deal snubbed by Glencore Production from Ivanhoe's Kipushi zinc mine in Congo will now be split between several new buyers. Bloomberg News | June 26, 2024 | 9:59 am
Copper price extends slide on soft Chinese demand and stronger dollar The metal has shed 14% since rocketing to a record above $11,000 a ton in May. Bloomberg News | June 26, 2024 | 6:48 am
Iron ore price extends gains on sustained China demand, property stimulus Beijing on Wednesday lowered the minimum down payment ratio for first home buyers to no less than 20%. Reuters | June 26, 2024 | 6:42 am
De Beers sales drop to $315m amid search for new owner Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year. Cecilia Jamasmie | June 26, 2024 | 3:50 am