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London

London is the capital and largest city of the United Kingdom and England, situated on the River Thames in south-east England. With a population of about nine-million people in the Greater London area, it is one of the world's most populous urban centres and a leading global city. London serves as a major financial, commercial, cultural and political hub, hosting the headquarters of numerous multinational corporations, financial institutions and international organisations. The City of London, often called the Square Mile, forms the historic core and remains one of the world's foremost financial districts alongside Canary Wharf. London is home to four UNESCO World Heritage Sites, including the Tower of London and the Palace of Westminster, and attracts millions of tourists annually. The city's economy is diverse, spanning finance, professional services, technology, media, tourism and creative industries, with a gross regional product exceeding £500-billion a year. London is also a major centre for the global gemstone and precious metals trade, with historic links to diamond trading in Hatton Garden and bullion markets. The city has been a continuously important settlement since its founding by the Romans as Londinium in about AD 47, growing over centuries to become the capital of the British Empire and a pre-eminent world city.

London News


Aluminium
STG buys large amount of aluminium from Radiant World, sources say
14th August 2026 By: Reuters

STG, a trading company funded by principals of the US hedge fund Squarepoint, has bought a large amount of aluminium from Radiant World as the commodity trading house sells off inventory to raise... 


Oil rig
Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says
13th August 2026 By: Reuters

Global oil supply will fall by 4.3-million barrels per day (bpd), or around 4%, this year, the International Energy Agency (IEA) said on Wednesday, as renewed hostilities in the Middle East disrupt... 


Antofagasta's Centinela mine
Antofagasta earnings boosted by copper prices despite output drop
13th August 2026 By: Reuters

Chilean miner Antofagasta posted a 27% increase in half-year core earnings on Thursday as high prices for copper offset lower production, but a shutdown at one of its mines led it to cut its 2026... 


Iron-ore pile
Glencore's exposure to Radiant World more than $500m, sources say
11th August 2026 By: Reuters

Glencore's exposure to Radiant World, a company with which the London-listed miner and trader has stopped doing new business, amounts to more than half-a-billion dollars, two sources familiar with... 


Anglo American's Los Bronces mine
Anglo flags first-half loss at diamonds, coal units; cuts copper cost outlook
23rd July 2026 By: Reuters

Anglo American reported broadly flat first-half copper production on Thursday and lowered its 2026 copper cost guidance, but said its diamonds and steelmaking coal businesses are expected to post... 


Zinc/lead smelting
Glencore plans large LME lead withdrawals after stocks surge, sources say
23rd July 2026 By: Reuters

Commodity trader Glencore plans to withdraw 30 000 tons of lead from London Metal Exchange (LME) warehouses, two industry sources said, after inventories of the battery metal ballooned to record... 


A doctor in PPE
Congo Ebola outbreak disrupts US-backed minerals talks, sources say
15th July 2026 By: Reuters

A worsening Ebola outbreak in the Democratic Republic of Congo (DRC) is disrupting travel and delaying meetings tied to a US-backed critical minerals partnership aimed at loosening China's hold on... 


Gold smelting
Citi gains seat at heart of global bullion trading with clearing approval
6th July 2026 By: Reuters

Citi has become the fifth bank to clear transactions in London's over-the-counter gold market, the world's largest bullion trading centre, in a major expansion of its precious metals business, the... 


Rough ruby at the Montepuez mine
Gilbertson to step down as Gemfields CEO; Mozambique mine facing challenges
30th June 2026 By: Sabrina Jardim

Johannesburg- and London-listed gemstone miner Gemfields has informed shareholders that Sean Gilbertson will, by mutual agreement with the board, step down as CEO and as a director of the company... 


BHP CEO Brandon Craig
Strikes, soaring costs and M&A await BHP's new CEO Craig
25th June 2026 By: Reuters

Newly minted BHP CEO Brandon Craig faces a crowded in-tray as he takes mining's top job on July 1, from threatened iron ore strikes and ballooning costs to a potential uranium push and a febrile... 


LNG tanker
LNG prices could go higher in significant volatility, Uniper executive says
4th June 2026 By: Reuters

Liquefied natural gas (LNG) prices could rise further in significant volatility than experienced so far during the Iran war if supply disruptions coalesce with hot weather in Asia and European... 


SFA (Oxford) CEO Henk de Hoop.
Platinum investment demand broadening to minor PGM metals, SFA (Oxford) points out
3rd June 2026 By: Martin Creamer

The strong ongoing investment demand for platinum is broadening to the minor platinum group metals (PGMs) such as ruthenium and iridium, SFA (Oxford) CEO Henk de Hoop pointed out on Wednesday June... 


Barrick's Kibali gold mine
Barrick Mining weighs London listing as it negotiates Africa business sale, sources say
1st June 2026 By: Reuters

Barrick Mining, one of the world's leading gold miners, is weighing a possible London listing for its African business, with a potential all-share transaction with UK-listed Endeavour Mining seen... 


Soweto Cluster study poised for completion this month.
Soweto Cluster gold study on way as Pan African hits gold production top spot
1st June 2026 By: Martin Creamer

The Soweto Cluster definitive feasibility study (DFS) is on track for completion this month, Pan African Resources reported on Monday, June 1 in an operational update ahead of its financial year... 


Valterra Platinum CEO Craig Miller
Valterra Platinum says input inventories are healthy despite Middle East conflict
19th May 2026 By: Reuters

South Africa's Valterra Platinum has managed to maintain healthy inventory levels of critical operational inputs, such as diesel and lubricants, despite uncertainty created by the US-Israeli war on... 


Middle East conflict, regionalisation of markets contribute to shift in PGM sourcing, trade
Middle East conflict, regionalisation of markets contribute to shift in PGM sourcing, trade
18th May 2026 By: Sabrina Jardim

The risk of a protracted US-Iran conflict, the accelerating regionalisation of PGM markets, alongside the launch of platinum and palladium futures on China’s Guangzhou Futures Exchange, represents... 


Gold bars
Goldman says central bank gold-buying stronger than thought, to reaccelerate
18th May 2026 By: Reuters

Central bank demand for gold has been stronger than previously estimated and is likely to pick up again into 2026, Goldman Sachs said on Friday, after revising its model to account for gaps in... 


A cut and polished emerald
Kagem donates gemstone processing equipment to Zambian training centre
15th May 2026 By: Schalk Burger

Emerald mining company Kagem Mining, which is a subsidiary of Johannesburg- and London-listed Gemfields, has donated cutting and polishing equipment to the Gemstone Processing and Lapidary Training... 


Aluminium produced at the Al Taweelah smelter
EGA sticks to aluminium investment plans despite Iran war
12th May 2026 By: Reuters

LONDON – Emirates Global Aluminium is sticking with its investment plans to increase production and recycling of the metal despite the Iran war, the company's chief marketing officer said on... 


Aluminium blocks
CRU sees aluminium prices above $4 000/t due to Iran war
12th May 2026 By: Reuters

Aluminium prices are expected to be above $4 000 per metric ton between the third quarter of 2026 and the second quarter of 2027 due to a market deficit caused mainly by the Iran war, an analyst... 


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pqt: 0.113s - ct: 0.17s - 277pq - 2rq
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