Polina Devitt News Today

By Polina Devitt LONDON (Reuters) - The United States imposed sanctions on Wednesday on several Hong Kong firms, including VPower Finance Security, for aiding trade in gold produced by an already sanctioned Russian miner, the U.S. Department of the...

Prices of antimony, a strategic metal used in flame-retardants, batteries and munitions, are rising to record highs as solar sector demand outstrips supply, causing a wide deficit with little sign of...

Gold prices slipped on Tuesday with investors booking profits after a recent rally and pressure from the reduced probability of the Federal Reserve rate cuts, while the market awaited key U.S.... -May 28, 2024 at 06:11 am EDT - MarketScreener

Russian metals giant Nornickel plans a joint project for construction of a platinum group metals (PGMs) refinery in Bahrain, a source familiar with the matter told Reuters on Thursday. King Hamad bin Isa Al Khalifa of Bahrain held talks with Russian President Vladimir Putin in the Kremlin earlier on Thursday. In a comment to state TV after the talks, Russian Deputy Prime Minister Alexander Novak said that Nornickel plans to build "a platinum production plant" in Bahrain.

Swiss-based trading house Glencore and aluminium producer Rusal have extended their long-term supply contract into next year after the amount traded so far has amounted to a fraction of the...

Copper prices fell on Tuesday, drifting away from the previous sessions record high as investors assessed the sustainability of the price rally while physical demand remains subdued. ... -May 21, 2024 at 06:11 am EDT - MarketScreener

Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the metal. Below are the main...

Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the metal. Below are the main facts about the copper market, sourced from the International Copper Study Group (ICSG), the International Copper Association (ICA), and Reuters data. Copper is used in the power and construction industries and is widely expected to benefit in future from the green energy transition via additional demand from t...

Gold prices were on track for a second consecutive weekly gain on Friday due to improved interest rate cut expectations, providing support to silver and platinum, which are up 5.5% and 6.6%,... -May 17, 2024 at 06:12 am EDT - MarketScreener

The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscows circumvention of Western measures, including through...