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Metals

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,…

Precious Metals Feel The Heat As Fed Keeps Interest Rates High

Oct 03, 2023 at 08:51 | Metal Miner

Via Metal Miner In recent weeks, leading up to the end of the month, indices like the S&P500 and metals like silver and…

Copper's Price Curve Hasn't Looked Like This In Decades

Oct 02, 2023 at 09:25 | Tsvetana Paraskova

The copper market is in a state of extreme contango—a state of the futures curve where futures contracts trade at a premium to the spot price and signal weak prompt…

The Metals Behind Our Clean Energy Future

Oct 02, 2023 at 09:04 | Kurt Cobb

A very observant longtime friend of mine opined recently that the clean energy economy is really just a metals energy economy where metals provide the basis for energy…

How Tech Is Shaping The Future Of Metal Mining

Sep 29, 2023 at 08:35 | Metal Miner

Via Metal Miner As we approach 2023, the metal mining industry teeters on a precipice of unprecedented change and challenge. Such challenges range…

Gold And Silver Prices Teeter Near Support Zones

Sep 28, 2023 at 08:20 | Metal Miner

Via Metal Miner Month-over-month, the Precious Metals MMI (Monthly Metals Index) witnessed almost no movement and narrowly missed…

India's Rising Aluminum Appetite Shakes Global Market Dynamics

Sep 27, 2023 at 08:45 | Metal Miner

Via Metal Miner In an otherwise down market staring at a slow recovery in 2023, only India stands apart from the rest of…

Copper Prices Stuck As Stockpiles Skyrocket

Sep 26, 2023 at 11:27 | Metal Miner

Via Metal Miner The Copper Monthly Metals Index (MMI) moved sideways from August to September, dropping just 1.36%.…

Unprecedented Gold Hoarding By Central Banks Heralds Financial Sea Change

Sep 25, 2023 at 09:12 | ZeroHedge

My estimation of global official gold reserves hit 38,764 tonnes in Q2 2023, breaking its previous record from 1965. The new high confirms the world has entered a…

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