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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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Philippine miner sees surge in nickel shipments to Indonesia
Jewellery industry’s Blue List to differentiate, substantiate ESG claims
URU Metals confirms high-grade resource continuity at Zeb nickel project
Kingston clears debt, eyes copper growth after A$50m Misima boost
FireFly doubles SPP to A$10m
Akobo reports 10 kg gold production for May/June
First Au starts inaugural diamond drilling on Liberian prospect Nimba
Arc reaches settlement with Avanti, Regency for cash instead of shares
Copper’s positive, long-term trajectory unchanged despite US tariff
Paramount Gold expects Grassy Mountain draft EIS in early August
Mali military helicopter airlifts gold from Barrick-owned Loulo-Gounkoto
Silver investment surges as geopolitical risks, price expectations drive 2025 rally
Aterian confirms lithium intercepts in Rwanda; Rio Tinto increases project stake
MP Materials lands multibillion-dollar Pentagon deal to bolster US rare earth magnet supply
Oscillate secures exclusive right to study, buy 17 copper licences in Botswana
Taseko publishes updated plan for Yellowhead
Aton uncovers more gold, silver and base metal mineralisation in Egypt
Zambian company developing solar energy projects to address country’s energy shortfall
ICMM reports third consecutive year of increased fatalities among member companies
Lhyfe completes first hydrogen combustion tests, delivers green hydrogen to Spain
Copper clash shows cracks in decades-old pricing system
ASM reaches commercial production at Virginia critical mineral processing operations
Tivan progresses culturally sensitive access road realignment for Speewah project
Gold miners stack records
Trump ally eyes Congo mine vital to global tech
First Quantum starts shipping stockpiled copper from Panama mine
Gold price falls 2% on US-China trade agreement
Adriatic Metals declares commercial production at Vareš
Researchers develop sustainable method to extract gold from ore and electronic waste
Vale’s new CEO aims to make Brazilian miner the world’s biggest
Jewellery industry’s Blue List to differentiate, substantiate ESG claims
First Au starts inaugural diamond drilling on Liberian prospect Nimba
Arc reaches settlement with Avanti, Regency for cash instead of shares
Paramount Gold expects Grassy Mountain draft EIS in early August
Mali military helicopter airlifts gold from Barrick-owned Loulo-Gounkoto
Aton uncovers more gold, silver and base metal mineralisation in Egypt
Gold miner Aura Minerals seeks $210m US listing
Regis ends FY strong with gold output near top guidance
China’s PBOC keeps buying gold as reserves grow for eighth month
Aura Minerals seeks $210 million in US listing
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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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