PetroChina to start metals trading, eyeing energy transition In addition to lithium and copper, the new PetroChina unit may also look to trade nickel. Reuters | December 18, 2024 | 12:14 pm
Gold price extends loss as Fed cuts rates, signals less easing New forecasts showed several officials penciled in fewer rate cuts for next year than estimated. Staff Writer | December 18, 2024 | 11:54 am
Coal demand to keep hitting records through 2027, IEA says The latest forecast from the IEA sees demand for coal rising to nearly 8.9 billion tons by 2027, about 1% higher than 2024 levels. Bloomberg News | December 18, 2024 | 10:48 am
Glencore in talks to sell Philippine copper smelting unit Due to its location, the business — Pasar — has long been a key trading asset for Glencore. Bloomberg News | December 18, 2024 | 10:39 am
Dundee’s prefeasibility bumps Čoka Rakita gold project NPV by 25% in Serbia The new NPV (at a 5% discount) stands at $735 million, and the IRR is 41%. Blair McBride - The Northern Miner | December 18, 2024 | 9:54 am
India’s record gold import said to be due to calculation error Officials double-counted gold shipments in warehouses following a change in methodology in July, Bloomberg sources say. Bloomberg News | December 18, 2024 | 9:53 am
Trump advisers urge ending environmental reviews for mines receiving US funds Proposed US critical minerals projects have been in regulatory review for more than a decade. Reuters | December 18, 2024 | 9:21 am
Aluminum price falls to one-month low in wider commodity slump The longer run trends are more bullish for aluminum, according to Commerzbank. Bloomberg News | December 18, 2024 | 8:57 am
Torex Gold’s mining suspension in Mexico lifted Torex's 2024 production forecast remains intact, with the company tracking towards the lower end of the 450,000-470,000 oz. guidance range. Staff Writer | December 18, 2024 | 8:54 am