Copper market’s biggest whale fuels speculation of a major shiftThe world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year.Bloomberg News | July 16, 2024 | 8:29 am
Gold price surpasses $2,470 for a new all-time highBullion is now 18% higher for the year, boosted by…Staff Writer | July 16, 2024 | 8:13 am
Vedanta seeks $1 billion in upsized share placementVedanta is joining a slew of Indian companies tapping stock…Bloomberg News | July 16, 2024 | 6:55 am
Lithium market struggles to recover after epic boom and bust A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse. Bloomberg News | April 9, 2024 | 4:25 am
Taseko makes senior secured notes offering of $500 million The company has invested in modernization and expansion of Gibraltar, making it the second largest open pit copper mine in Canada. Staff Writer | April 8, 2024 | 11:00 am
Copper price hits fresh 14-month high on supply fears, China optimism The red metal has rallied about 15% in the last two months. Bloomberg News | April 8, 2024 | 9:55 am
AI could add 1 million tonnes to copper demand by 2030, Trafigura chief economist says The surge in demand, driven by AI boom, could exacerbate the copper supply-demand imbalance, according to Trafigura's chief economist. Staff Writer | April 8, 2024 | 9:18 am
Westgold to buy Karora Resources in $808 million deal The deal will propel the combined group to become a mid-tier gold miner producing around 400,000 ounces of gold a year. Reuters | April 8, 2024 | 8:54 am
Gold price touches $2,350 on firm central bank demand For the year, bullion is up by double digits at 13%, despite headwinds from strong US economic data. Staff Writer | April 8, 2024 | 7:26 am
Perpetua tapped for $1.8 billion loan to develop gold-antimony mine in Idaho If approved, the loan would be one of Washington's largest investments ever in a domestic mine. Staff Writer | April 8, 2024 | 6:28 am
Iron ore price nears two-week high on stimulus bets, post-holiday restocking The most-traded September iron ore contract on China's Dalian Commodity Exchange ended daytime trade 3.19% higher. Reuters | April 8, 2024 | 3:31 am
China’s latest investment frenzy sparks wild swings in gold ETF The decision came after the fund’s premium over its underlying assets increased to more than 30% as of April 3. Bloomberg News | April 8, 2024 | 3:18 am