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Metals

Gold And Silver Shine As Global Safe Havens

Oct 31, 2023 at 08:57 | Metal Miner

Via Metal MinerThis week, precious metals once again served as safe-haven assets for investors and market participants.…

Cobalt's Unexpected Plunge Shocks Global Market

Oct 30, 2023 at 08:59 | Metal Miner

Via Metal Miner Analysts once hailed cobalt as a commodity whose price would rise forever. Used in the cathodes of many lithium-ion batteries…

Gold Tops $2000 As Middle East Tensions Rise

Oct 27, 2023 at 14:15 | ZeroHedge

This week, gold and silver went their separate ways, with gold rising and silver falling, with today's Gaza headlines pushing gold notably higher...

How The EU’s Carbon Tax Scheme Is Reshaping Global Steel Trade

Oct 27, 2023 at 09:05 | Stuart Burns

Via Metal Miner This month saw the launch of the EU’s CBAM policy, a much-needed abbreviation for Carbon…

Aluminum Prices Swing Amid U.S.-EU Tariff Talks

Oct 20, 2023 at 07:10 | Metal Miner

Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) moved sideways, with a modest 1.92% rise from…

Central Bank Influence In Question As Gold Price Predictions Unwravel

Oct 19, 2023 at 08:02 | ZeroHedge

Over the past few months, gold prices have completely detached from our model-predicted prices. While we have seen deviations between actual and predicted prices in the…

EV Battery Costs Could Surge By 22%

Oct 17, 2023 at 09:24 | Metal Miner

Via Metal Miner The Renewables MMI (Monthly Metals Index) saw a welcome boost month-on-month, rising 6.27%. Grain-oriented electrical steel, silicon, and…

Glut Of Synthetic Diamonds Sparks Trouble For Lab-Grown Producers

Oct 16, 2023 at 09:15 | ZeroHedge

The second-largest US producer of lab-grown diamonds has filed for bankruptcy amid a massive glut of fabricated gemstones and plunging prices.  Financial Times…

Indonesia Eyes "Critical Mineral Agreement" With U.S. For Nickel Exports

Oct 16, 2023 at 09:02 | Metal Miner

Via Metal Miner Nickel prices remained decidedly bearish throughout October, experiencing the largest monthly decline amongst base metals. Indeed, prices…

Is A Steel Slump On The Horizon?

Oct 13, 2023 at 08:29 | Metal Miner

Via Metal Miner   Month-over-month, the Construction MMI (Monthly Metals Index) narrowly missed trading completely flat, ultimately moving…

UAW's Standoff With Big Three Automakers Intensifies

Oct 12, 2023 at 10:59 | Metal Miner

Via Metal Miner The United Auto Workers strike finally began to take its toll on the Automotive MMI (Monthly Metals…

Israel-Hamas Conflict Sends Shockwaves Through Steel Market

Oct 11, 2023 at 08:39 | Metal Miner

Via Metal Miner The fresh conflict between Israel and Hamas in Palestine has started to ring warning bells throughout supply chains for oil,…

Gold Recovers From Deep Sell-Off

Oct 10, 2023 at 15:30 | Alex Kimani

Gold markets have managed to partly pare back losses and reverse a deep selloff over the past couple of days after Friday’s surprise attack by Hamas on Israel, overcoming…

Copper Prices Decline As Global Renewable Hopes Fall Short

Oct 10, 2023 at 08:18 | Metal Miner

Via Metal Miner Although some moved sideways with more modest declines, all components within the overall index saw copper prices trade lower during…

Copper Executives Warn Of Mine Shortage Amid Energy Transition

Oct 09, 2023 at 09:39 | City A.M

The transition to low carbon energy could be jeopardised by the lack of new copper mines to keep pace with growing demand, industry bosses have warned. Copper is an essential…

Rio Tinto Bets Big On World's Largest Untapped Iron Ore Mine

Oct 06, 2023 at 08:12 | City A.M

Rio Tinto’s long-held ambitions of mining the world’s largest untapped supply of high-grade iron ore inched closer this summer – after signing deals to build nearly 400 miles…

Rare Earth Prices Skyrocket Following Burmese Mining Suspension

Oct 06, 2023 at 08:10 | Metal Miner

Via Metal Miner   The Rare Earths MMI (Monthly Metals Index) witnessed yet another steep increase month-over-month. Indeed,…

Cornish Metals Aims To Make Europe A Key Player In Tin Production

Oct 06, 2023 at 07:45 | Metal Miner

Via Metal Miner   For years, the tin price index in Europe depended largely on foreign supply. However, Vancouver-headquartered Cornish Mining plans to…

Central Banks Continue To Boost Gold

Oct 06, 2023 at 07:41 | ZeroHedge

Via SchiffGold.com, Central bank gold buying continues to sizzle. Central banks globally added a net 77 tons to their reserves in August, according…

Trafigura Sees Potential $12,000 High For Copper

Oct 05, 2023 at 07:29 | Metal Miner

Via Metal Miner It’s safe to say that the copper price index witnessed an interesting 2023 thus far. Indeed, the market’s been volatile,…

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