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
Mesabi Metallics claims court victory in antitrust case over Minnesota iron ore project In the antitrust suit, Mesabi alleges that Cleveland-Cliffs unlawfully impeded it from building its iron ore mine and pelletizing plant in Minnesota. Staff Writer | September 5, 2024 | 3:16 pm
Chile’s Corfo to issue tender for projects that make lithium products The chosen companies will have access to lithium at a preferential price produced by Albemarle. Reuters | September 5, 2024 | 2:04 pm
Nippon Steel seeks to address concerns on US Steel deal Nippon also disclosed it had hired former US House majority leader Dick Gephardt to assist in its efforts. Reuters | September 5, 2024 | 2:02 pm
