Markets Top Stories

CHART: Global mining and metals – a quick reality check

Demand for energy transition metals has injected optimism into mining, but it represents only a sliver of the $4 trillion global industry.

Frik Els | September 19, 2024 | 1:15 pm

Copper price hits two-month high after Fed rate cut

Earlier this week, BofA projected copper to rise above $10,000…

Staff Writer | September 19, 2024 | 9:39 am

Korea Zinc shares surge on speculation MBK to sweeten offer

MBK is North Asia’s biggest private equity firm with $30…

Bloomberg News | September 19, 2024 | 8:39 am

Swiss August gold exports show no supplies to China, for first time in 3-1/2 years

Swiss August total gold exports fell to the lowest since…

Reuters | September 19, 2024 | 6:50 am

Iron ore price climbs on China stimulus hopes, softer stockpiles

China is widely expected to trim its main policy and…

Reuters | September 19, 2024 | 6:47 am

Gold prices may hit another record high in 2024, Metals Focus says

Sentiment towards gold is supported by fears over US government debt and elevated geopolitical tensions.

Reuters | June 6, 2024 | 7:08 am

Newmont CEO sees copper demand boom driving mining deals

Tom Palmer pointed to artificial intelligence as a surprisingly large new source of copper demand.

Reuters | June 6, 2024 | 7:01 am

You can now buy gold bars from vending machines in South Korea

The machine at GS Retail Co.’s convenience store sells gold bars from as big as 37.5 grams (1.32 ounces) to as small as less than 1 gram.

Bloomberg News | June 5, 2024 | 3:08 pm

Integra Resources’ stock rises on approved mine plan for Delamar gold project

DeLamar project in southwest Idaho includes the historic DeLamar gold mine and the Florida Mountain deposit.

Staff Writer | June 5, 2024 | 1:38 pm

Eskay Mining, P2 Gold agree on merger

The combined company will be managed by the team that discovered and developed the Brucejack mine.

Staff Writer | June 5, 2024 | 11:25 am

Palladium not written off the road yet, miners say

Palladium’s shortfall may ease to about 200,000 oz. in 2025 before swinging into a surplus the following year and to as much as 700,000 oz. by 2028, the World Platinum Investment Council said.

Colin McClelland | June 5, 2024 | 9:38 am

Aluminum producer Novelis hits pause on $945 million US IPO

Novelis had planned to sell 45 million shares for $18 to $21 each, and Hindalco would have owned about 92.5% of the company after the IPO.

Bloomberg News | June 5, 2024 | 9:16 am

Gold price up over 1% on Fed rate cut optimism

Traders are currently pricing in about a 59% chance of a Fed rate cut in September, according to CME FedWatch.

Staff Writer | June 5, 2024 | 8:55 am

China’s unusually large copper stockpiles fuel demand concerns

Stockpiles of the metal held in Shanghai Futures Exchange warehouses ended last week well above 300,000 tonnes.

Bloomberg News | June 5, 2024 | 7:59 am

First

Last