Precious Metals News and Gold, Silver & Platinum Market Updates
Metals traders reap record profits in second straight boom year
Strong price swings and sustained demand are driving a second consecutive windfall year for the global metals trading sector. Several leading trading houses are posting record or near-record ...
Weiss Ratings sees gold pullback as entry point for precious metals investors
Gold is trading near a three-month low after a recent sell-off, a move that Weiss Ratings argues creates a new opening for investors seeking exposure to the metal. The commentary links the decline ...
India remains net finished steel importer as April-September imports outpace exports
India continues to import more finished steel than it exports in the first half of the fiscal year, as inbound shipments rise faster than domestic output. The balance underscores sustained ...
Philippine miners warn new rules could raise costs, deter Pax Silica investment
As the Philippine government seeks to draw more mining interest under its Pax Silica initiative, industry groups are warning that a new regulatory order may make projects less attractive to ...
Jindal Stainless quarterly profit tops estimates on export-driven sales growth
India's largest stainless-steel producer reports stronger second-quarter earnings as export shipments help offset a lower domestic sales mix. Net profit rises 11.1% from a year earlier to 8.98 ...
BHP urges Australia to compete harder for global investment
Australia is facing stronger competition for capital as major resource producers compare tax and policy settings across mining jurisdictions. BHP Chair Ross McEwan says measures used in countries ...
Industrial Development Corp. nears deal for ArcelorMittal South Africa control
South Africa's state-backed industrial financier is moving toward a transaction that would reshape ownership of a key domestic steel business. The preliminary agreement values the takeover of ...
Tasmania approved high-risk Liberty Bell Bay loan amid smelter shutdown threat
Tasmania moved to support Liberty Bell Bay in 2025 as the state's only manganese smelter neared a cash crunch and faced the risk of failing to restart operations. The intervention came despite ...
Canada mineral output data released for August
Canada has released August data from its monthly mineral production and metals refining surveys, offering an updated view of output, shipments and inventories across key commodities. The release ...
Italy steel sector faces court ruling on Taranto plant operations
Italy's Supreme Court is set to weigh a case over the future of the former Ilva steelworks in Taranto, a key industrial site for the country's manufacturing base. The decision, expected in the ...
Bangladesh steel sector faces EU scrap import risk under waste rules
Bangladesh's steel industry faces potential supply pressure as proposed European Union waste-shipment rules leave metal waste off the country's approved import list. If the exclusion is kept in ...
LME-linked CPAL struggles to secure trading data for sustainable metals premiums
Efforts to build transparent price premiums for sustainable metals are running into resistance from market participants wary of sharing confidential deal information. The difficulty is slowing a ...
NMDC puts nickel expansion on hold as global oversupply weighs on market
India's push to secure critical mineral supplies faces a setback as state-run miner NMDC pauses its planned entry into nickel. The move reflects growing concern over oversupply from Indonesia, ...
Eonmetall announces Lee Hock Seng is no longer a substantial shareholder
The change in shareholding comes as Eonmetall Group Bhd faces an increasingly challenging operating environment in the steel sector. The latest share sale reduced Datuk Seri Lee Hock Seng's ...
CME Group to launch tungsten futures for critical minerals demand
CME Group is expanding its metals derivatives lineup with a tungsten futures contract as industrial users seek more tools to manage exposure to critical minerals. Trading is set to begin by early ...
Vedanta expands Gamsberg zinc mine in South Africa as R10 billion project lifts output capacity
South Africa’s Northern Cape is strengthening its push to become an industrial growth hub as Vedanta Zinc International inaugurates the second phase of its Gamsberg expansion near Aggeneys. The ...
Weiss Ratings touts megatrends strategy for precious metals, drones and AI-linked sectors
Investors are facing a period of overlapping structural shifts that Weiss Ratings says can reshape returns across commodities, industrial technology and digital infrastructure. The publisher ...
Exiro Nickel closes Thompson Mine Complex acquisition in Manitoba
Canada is advancing its critical minerals strategy as Exiro Nickel completes the acquisition of the Thompson Mine Complex in northern Manitoba. The deal keeps one of the country’s most ...
Canada steelmakers pivot to domestic demand as U.S. tariffs reshape market
Canadian steel producers are finding partial relief from U.S. tariffs through stronger demand at home, supported by mining, energy and AI data center projects. The recovery remains uneven across ...
World Bank-backed mineral compacts target investment and jobs across eight countries
Eight governments are launching new partnerships and compacts to turn metals and minerals development into jobs, investment and broader economic growth. The plans span Argentina, Bolivia, Egypt, ...
World Bank targets fivefold expansion in critical minerals financing
The World Bank is expanding its focus on critical minerals as governments and development lenders push to secure supply chains for energy transition materials. The lender says it is aiming to ...
