February 5, 2026 Chinese trader who made $3 billion on gold bets big against silver Billionaire trader Bian Ximing now holds a short that stands at about 450 tons of silver, or 30,000 contracts.
February 5, 2026 South Korea seeks critical minerals ties with China after joining US trade bloc The trade ministry said it would establish a hotline and joint committee with Chinese authorities to help South Korean companies import Chinese minerals.
February 5, 2026 Aurubis sees lower profit on weak copper refining charges The Hamburg-based company said its net cash flow for the first quarter was -8 million euros, significantly worse than the previous year's.
February 5, 2026 US government plans new mining house to tap Africa’s copperbelt Orion CMC's transaction with Glencore would create a new entity that could become a vehicle to buy up additional assets.
February 5, 2026 Zimbabwe seeks partners to develop $500 million platinum mine The state miner expects to start developing the project in Darwendale by the end of the first quarter.
February 5, 2026 Brazil’s only rare earth producer offers US stake option for loan deal Serra Verde Group secured a $565 million loan with the US International Development Finance Corporation.
February 5, 2026 South Africa rare earths project gets $20 million in state funds The state-owned Industrial Development Corp. is backing Frontier Rare Earths’ Zandkopsdrift project in the Northern Cape province.
February 5, 2026 Kumba Iron Ore expects 23% profit jump on higher prices and sales volumes Africa's top iron ore miner said the increase in earnings was mainly due to a higher average realized free-on-board export price.
February 5, 2026 LME advances sustainable metal pricing plan; launches new portal LME Insight will publish metals market news, pricing data and details of the methodology used to calculate sustainable metal premiums.
February 5, 2026 Rio Tinto expected to push for more time to weigh Glencore deal One of the key concerns for Rio Tinto investors is that Glencore is holding out for a big premium.
Hedge funds cut bullish gold wagers to lowest in 15 weeks Hedge funds and other large speculators reduced net-long positions by 23%. February 06, 2026 | 03:33 pm