China lodges WTO complaint over Canada’s EV and metal tariffs Canada announced last week it would impose 100% tariffs on Chinese-made EVs effective October 1. Bloomberg News | September 6, 2024 | 7:05 am
Iron ore price flicks higher from lowest close in nearly two years The flick higher on Friday ends five days of losses amid torrid conditions in China’s steel market. Bloomberg News | September 6, 2024 | 6:57 am
Rusal says board recommends not paying H1 dividend The company decided not to pay a final dividend for 2022 and did not pay for 2023. Reuters | September 6, 2024 | 6:52 am
African Rainbow Minerals pivots to chrome and copper after platinum price slump The basket price of PGMs fell about 40% last year and the slide has continued into 2024. Reuters | September 6, 2024 | 6:49 am
Trafigura’s top China iron ore traders leave group The departures came after global prices of the key steel-making ingredient tumbled almost 40%. Reuters | September 6, 2024 | 6:45 am
Perseus Mining ups stake in Guinea-focused miner Perseus Mining's interest in Predictive Discovery, which is advancing the Bankan gold project in Guinea, is now 19.9%. Cecilia Jamasmie | September 6, 2024 | 5:48 am
Nexa Resources sells Peru copper asset for up to $29 million Nexa said the buyer, Canada’s Olympic Precious Metals, will initially pay $4.3 million, with rest subject to milestones being met. Cecilia Jamasmie | September 6, 2024 | 3:43 am
Citi says US election risk to contain metals prices for now Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says. Bloomberg News | September 6, 2024 | 3:02 am
Gold price holds gain as rate cut hopes rise before US payrolls data Bullion rose 0.8% on Thursday following a report that showed US companies added the fewest jobs last month since the start of 2021. Bloomberg News | September 5, 2024 | 5:14 pm