Iron ore price retreats while BofA sees risk of market deficit in 2022Bank of America said prices at $150 a tonne are justifiable at present.Staff Writer | March 10, 2022 | 10:25 am
Nickel, the devil’s metal with a history of bad behaviourThe global nickel market is in a pricing black-out, writes…Reuters | March 10, 2022 | 8:24 am
Nickel price spike “purely financial” but Tsingshan effect could lingerNickel price plunges in Shanghai following historic short squeeze on…Staff Writer | March 9, 2022 | 10:57 am
Palladium price dives 10% one day after record high Yesterday palladium rose to $2,875. Bruno Venditti | February 28, 2020 | 1:20 pm
Shanghai copper, zinc inventories near 3-year high as virus hits demand Copper stockpiles rose 4.1% to 310,760 tonnes this week, while zinc inventories were up 11.8%. Reuters | February 28, 2020 | 11:10 am
Worst commodity returns since 1987 spawned by virus sell-off Bloomberg Commodity Index slid for a fifth session Friday, in the worst performance since September 2011. Bloomberg News | February 28, 2020 | 9:51 am
Gold price plunges with biggest slide since 2013 Spot gold fell as much as 4.5%, the most intraday since June 2013, according to Bloomberg generic pricing. Bloomberg News | February 28, 2020 | 6:12 am
Chinese metals association suggests stockpiling as virus hits demand The start of stockpiling "can effectively alleviate the increase in inventory" at metal producers. Reuters | February 27, 2020 | 9:24 am
Canada backs Zijin Continental Gold acquisition The deal received Investment Canada Act's approval, and all the required regulatory permits from China. Cecilia Jamasmie | February 27, 2020 | 6:46 am
Malaysia approves 3-year licence for Lynas’ rare earths The licence will allow it to continue processing rare earths at its $800 million plant in Kuantan. Reuters | February 26, 2020 | 2:51 pm
Rio Tinto’s best earnings since 2011 clouded by virus risks Company announced ordinary dividend of $6.2 billion in 2019 and total cash returns of $7.2 billion. Reuters | February 26, 2020 | 9:33 am
Nornickel warns of coronavirus risks, reports leap in profit Russian giant reported 2019 net profit up 95% and expects uncertain times for nickel and copper markets. Reuters | February 26, 2020 | 9:08 am