Trafigura’s top China iron ore traders leave groupThe departures came after global prices of the key steel-making ingredient tumbled almost 40%.Reuters | September 6, 2024 | 6:45 am
Chinese lithium producers embrace hedging to manage volatilitySeveral companies have unveiled their hedging exposure via lithium carbonate…Bloomberg News | September 5, 2024 | 10:20 am
Global gold ETFs saw fourth month of inflows in August, says WGCA stronger gold price and recent inflows pushed the total…Reuters | September 5, 2024 | 7:43 am
Existing fossil fuel projects enough to meet energy demands while world transitions to net zero – study Researchers recommend that governments legislate to ban new fossil fuel projects. Staff Writer | June 9, 2024 | 8:34 am
Gold price falls most in two years on jobs data, China buying pause After surging to a record above $2,450 an ounce, bullion has traded in a fairly narrow range amid the uncertainty over the Fed’s rate trajectory. Bloomberg News | June 7, 2024 | 10:02 am
Iron ore extends gain on easing China demand concern, Fed rate cut bets China's iron ore imports in the first five months reached 513.75 million tons, a year-on-year rise of 7%. Reuters | June 7, 2024 | 7:41 am
China May rare earth exports jump 36% y/y on restocking China accounts for 70% of rare earths mining globally and 90% of refined output. Reuters | June 7, 2024 | 7:28 am
China’s central bank paused gold purchases in May after 18 months of buying The People's Bank of China was the largest official sector buyer of gold in 2023. Reuters | June 7, 2024 | 7:24 am
China’s unusually large copper stockpiles fuel demand concerns Stockpiles of the metal held in Shanghai Futures Exchange warehouses ended last week well above 300,000 tonnes. Bloomberg News | June 5, 2024 | 7:59 am
Iron ore price hits seven-week low on softening China steel demand, higher supply bets Iron ore futures extended their decline to a fifth straight session on Wednesday. Reuters | June 5, 2024 | 7:07 am
De Beers aims to rebrand as top jewellery group De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American. Cecilia Jamasmie | June 5, 2024 | 5:26 am
Gold purchases by central banks were strong in April despite high prices, WGC says Demand from global central banks for gold has been elevated for two years as they diversify their foreign currency reserves. Reuters | June 4, 2024 | 8:51 am