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Trafigura asks to subpoena banks in search for lost nickel funds

Trafigura asks to subpoena banks in search for lost nickel funds

Trafigura Group is seeking permission to subpoena Wall Street banks for information that might help the commodity trading giant track down the more than half a billion dollars it lost in an alleged nickel fraud.

2025/01/30
Fortescue banks shipment milestone

Fortescue banks shipment milestone

Fortescue shipped 97.1 million tonnes (Mt) of iron ore in the first half of the 2024­–25 financial year (FY25), the highest half-year shipments in the company’s history.

2025/01/23
China’s central bank resumes gold purchases after six-month hiatus

China’s central bank resumes gold purchases after six-month hiatus

China’s central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People’s Bank of China (PBOC) showed on Saturday.

2024/12/08
China’s central bank refrains from gold purchases for a second month

China’s central bank refrains from gold purchases for a second month

China’s central bank refrained from gold purchases to its reserves for a second consecutive month in June, official data showed on Sunday.

2024/07/06
Deutsche Bank says Glencore may weigh listing move to US

Deutsche Bank says Glencore may weigh listing move to US

Glencore Plc may consider switching its primary listing from London to New York, analysts at Deutsche Bank AG predicted, in what would be the most high-profile exit from the UK exchange to date.

2024/04/02
BMO bankers sent each other crude memes before they were fired

BMO bankers sent each other crude memes before they were fired

Junior bankers who were recently fired from Bank of Montreal’s metals and mining group used work-sharing platforms to circulate crude jokes and at least one obscene image, which were discovered during an internal investigation after another employee complained, according to people with knowledge of the matter.

2024/02/27
Iron ore price drops as China central bank’s rate move defies expectation

Iron ore price drops as China central bank’s rate move defies expectation

Iron ore futures prices dropped for a second consecutive session on Monday as top consumer China defied market expectations and stood pat on its medium-term interest rate, leaving traders disappointed.

2024/01/16
NICICO and Sadaret Bank signed a memorandum of cooperation

NICICO and Sadaret Bank signed a memorandum of cooperation

Mining News Pro - A memorandum of cooperation was signed between Iran's National Copper Industries Company and Saderat Bank.

2023/11/12
HSBC takes stab at using blockchain to modernize London’s antiquated gold market

HSBC takes stab at using blockchain to modernize London’s antiquated gold market

Mining News Pro - One of the world’s top bullion banks is bringing blockchain to the antiquated London gold market.

2023/11/02
One big gold seller among central banks has even more to offload

One big gold seller among central banks has even more to offload

Mining News Pro - In a turnaround that’s already taken it from one of the world’s biggest gold buyers to a top seller this year, Kazakhstan’s central bank is looking to cut the metal’s share to as low as half of its $34.5 billion reserves

2023/07/31
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Montage Gold to acquire African Gold in $170m deal
Jubilee signs development agreement with Galileo to accelerate Zambia’s Molefe mine
€360m grant for Cinovec lithium project
Fortuna confident of Séguéla life extension as exploration continues
Petra announces permanent appointment of joint CEOs, director changes
Iron-ore prices to remain elevated in 2026, but upside limited
Global bauxite production outlook lowered for 2025
Mantengu posts higher interim loss but all operations are ramping up
China’s overcapacity crackdown reaches copper, but market impact unlikely
Rio Tinto reportedly mulls sale of boron assets
Andrada reports higher production, stronger revenue, reduced operating loss
ACG Metals weighs possible takeover of Anglo Asian Mining
ISS, Glass Lewis back Teck–Anglo merger ahead of December vote
European copper smelter Aurubis is rejecting low concentrate offers
Barrick committed to Pakistan’s Reko Diq copper project, says interim CEO
Novagold reports high-grade intercepts, wins key Alaska court ruling
Anglo American’s Quellaveco mine hits 1Mt copper milestone
Kimberley Process fails to reach consensus on redefinition of conflict diamonds
Lotus fires first blast at Kayelekera as uranium output ramps up
Element 25 advances Butcherbird
Canyon continues with development of Minim Martap despite minor delays
Allied expects strong fourth-quarter operational performance
July Ndlovu appointed Caledonia nonexec director
Paladin warns of deepening uranium supply crunch
Rio Tinto pauses BioIron, partners on new low-emissions steel pilot
UBS raises copper outlook as mine disruptions deepen supply deficits
Auric delivering first cash from Munda
IGO names Vanessa Guthrie as incoming chair
Albemarle’s cost cuts, steady volumes fuel smaller loss amid weak lithium prices
Montage Gold to acquire African Gold in $170m deal
Montage Gold to acquire African Gold in $170m deal
Fortuna confident of Séguéla life extension as exploration continues
Barrick, Mali government agree to resolve gold mine dispute
China approves first-of-a-kind platinum, palladium derivatives
Goldman Sachs sees continued central bank gold buying in November
Full Tulu Kapi project development to start by year-end
Rox launches A$200m equity raise for WA gold mine
McEwen sets sights on doubling output by 2030
Allied expects strong fourth-quarter operational performance
July Ndlovu appointed Caledonia nonexec director
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Videos Gallery

Iran is One of the Key Players in Global Steel Products` Market

Iran is One of the Key Players in Global Steel Products` Market

Iran Must Concentrate on Steel Exports

Iran Must Concentrate on Steel Exports

Iran Is Among the Largest Producers of Steel in Asia

Iran Is Among the Largest Producers of Steel in Asia

Iran Will Export 20 Million Tons of Crude Steel

Iran Will Export 20 Million Tons of Crude Steel

Meet the ifm experts – Chris Dicker

Meet the ifm experts – Chris Dicker

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