Metals News
Latest news and updates on Metals from AXL Media.
Latest Articles
- Gold Prices Surge Past $5,000 Milestone as Global Central Banks Aggressively Expand Strategic Reserves
Published: May 1, 2026
Section: Metals
For the first time in history, the price of gold has crossed the $5,000 mark, driven by a massive surge in demand from central banks in emerging economies. Since 2022, official res...
- Zimbabwe Lithium Producers Seek Urgent Tax Relief to Sustain Ambitious 2027 Mineral Beneficiation Mandate
Published: Apr 24, 2026
Section: Africa
Lithium miners in Zimbabwe are warning that a 40 percent tax burden combined with rising operational costs is making production increasingly unsustainable. While major projects lik...
- Morgan Stanley Slashes 2026 Gold Forecast to $5,200 as Yields Rise and Rate Cut Hopes Fade
Published: Apr 23, 2026
Section: Metals
Morgan Stanley has downgraded its second-half 2026 gold price target from $5,700 to $5,200 per ounce following a significant six-week market correction. While the bank maintains a...
- South Africa Expands Legal Tender with New Gold and Silver Series Featuring the Big 5 and African Wildlife
Published: Apr 23, 2026
Section: Africa
Finance Minister Enoch Godongwana has gazetted several new gold and silver coin designs, including the Big 5 and African Range series, which are officially recognized as legal tend...
- Gold Prices Slip as Conflicting Rhetoric on US-Iran Peace Talks Fuels Market Uncertainty
Published: Apr 22, 2026
Section: Metals
Spot gold fell over 1% to $4,763 an ounce on Tuesday as investors reacted to mixed signals from the White House regarding a potential ceasefire extension. Despite geopolitical vola...
- Global Aluminum Market Hit by Unprecedented ‘Black Swan’ Supply Shock as Middle East Conflict Escalates
Published: Apr 22, 2026
Section: Metals
The global aluminum market has entered a severe "black swan" event, with the war in the Middle East triggering a supply shock that could result in a 2 million-ton deficit by year-e...
- PeaceGold Targets September Export Launch to Combat Illicit Congolese Gold Smuggling Networks
Published: Apr 22, 2026
Section: Africa
UK social enterprise PeaceGold plans to commence gold exports from the eastern Democratic Republic of Congo by September 2026. Working with 25,000 artisanal miners, the initiative...
- Massive 158 Carat Yellow Diamond Unearthed in Canada Near Arctic Circle as Diavik Mine Operations Cease
Published: Apr 22, 2026
Section: Metals
A rare 158.20 carat yellow diamond, formed two billion years ago, has been discovered in Canada’s Northwest Territories. The find at the Diavik mine represents one of the largest y...
- Gold Prices Exhibit Extreme Volatility Near $4,800 per Ounce as Resumed Strait of Hormuz Blockade Triggers Global Energy Shock
Published: Apr 21, 2026
Section: Metals
Gold spot prices experienced sharp fluctuations on Tuesday, April 21, as the re-closure of the Strait of Hormuz by Iranian forces sent oil prices surging by 5%. Investors are pivot...
- Copper Prices Surge Toward Record Highs as Chinese Smelting Capacity Hits All-Time Peak
Published: Apr 19, 2026
Section: Metals
Copper futures reached a 10-week high of $6.11 per pound as global satellite data revealed a significant recovery in Chinese smelting operations. Despite geopolitical disruptions a...
- Critical Metals Stock Surges 24 Percent Following Greenland Approval of Tanbreez Project Ownership
Published: Apr 18, 2026
Section: Metals
Greenland’s Ministry for Mineral Resources has authorized the indirect transfer of the Tanbreez mining license, allowing Critical Metals Corp. to increase its stake to 92.5 percent...
- Treasury Secretary Scott Bessent Mandates World Bank Pivot Toward Critical Mineral Supply Chains
Published: Apr 17, 2026
Section: Metals
U.S. Treasury Secretary Scott Bessent has called for a fundamental shift in World Bank lending, urging the institution to prioritize critical minerals projects over existing climat...