Macquarie fined by UK after metals trader books false trades The firm’s London metals desk was able to book 426 fictitious trades to conceal his losses for almost two years. Bloomberg News | November 26, 2024 | 8:04 am
Vulcan in talks with producers to license lithium technology Vulcan began producing lithium hydroxide earlier this month from its Rhine Valley operations using adsorption direct lithium extraction. Reuters | November 26, 2024 | 7:59 am
Trump’s tariff threat to top trading partners roils markets Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada. Bloomberg News | November 26, 2024 | 7:56 am
Anglo sells more Amplats shares ahead of spinoff of platinum unit The total offering size is about $535 million, according to a bookrunner. Reuters | November 26, 2024 | 7:55 am
Platinum market faces third consecutive deficit in 2025, WPIC says Platinum market deficit will be lower in 2025 than 2024, WPIC says. Reuters | November 26, 2024 | 6:44 am
Alrosa announces new agreement with Russian state diamond fund The fund will receive the new diamonds by the end of 2024. Reuters | November 26, 2024 | 6:42 am
Saudi Arabia secures $9 billion in new mining deals Investment agreement is one of nine metals and mining deals, totalling over $9 billion, signed by Saudi Arabia with global mining companies. Cecilia Jamasmie | November 26, 2024 | 3:51 am
Chinalco could invest $426 million in Suriname bauxite project If approved by parliament, Chinalco could begin construction by the middle of next year. Reuters | November 25, 2024 | 1:49 pm
Peru’s small miners block highways, camp outside Congress demanding registry extension Analyst says that there are strong competing interests between Congress and small-scale miners that could escalate. Reuters | November 25, 2024 | 1:42 pm
