Markets Top Stories

Glencore scraps Kazzinc sale on shortage of bids

Glencore holds a 70% interest in Kazakhstan's mining company Kazzinc, which operates a network of mines, concentrators and plants

Staff Writer | July 3, 2024 | 5:55 am

Rio Tinto ups stake in Sovereign Metals with $12.4m investment

The fresh investment takes Rio's interest in Sovereign, the owner…

Cecilia Jamasmie | July 3, 2024 | 3:50 am

German investment firm ups holding in Skeena Resources

Shares of Skeena rose to a 52-week high during Tuesday's…

Staff Writer | July 2, 2024 | 1:19 pm

Column: Rising Chinese aluminum output pressures alumina supply

The country increased production by 5% year-on-year to 3.65 million…

Reuters | July 2, 2024 | 10:42 am

First Quantum stock jumps on Panama plans for mine audit

Panama President Jose Raul Mulino made the announcement of an…

Reuters | July 2, 2024 | 8:49 am

The big lithium short gets ‘dangerous’ on lower supply outlook

UBS and Goldman Sachs have trimmed their 2024 supply estimates by 33% and 26%, respectively.

Bloomberg News | March 13, 2024 | 3:07 pm

Activist Tribeca asks Glencore to move main listing to Sydney

The hedge fund also recommended increasing dividends by discontinuing share buybacks and divesting a minority stake in Glencore's lucrative trading division.

Reuters | March 13, 2024 | 10:02 am

US bill supporting seafloor mining lifts The Metals Company

The Responsible Use of Seafloor Resources Act was introduced on Tuesday.

Staff Writer | March 13, 2024 | 9:57 am

Copper price soars to 7-month high on China’s plans to cut output

China's biggest copper smelters have agreed to a symbolic cut in loss-making production, without specifying volumes and timing.

Staff Writer | March 13, 2024 | 9:29 am

Aclara stock surges on major investment from Chilean conglomerate CAP

CAP is investing up to $80 million to support the development of the company's Penco module in Chile.

Staff Writer | March 13, 2024 | 8:49 am

China’s copper smelters vow capacity controls after fees plunge

Executives from 19 smelters have agreed to re-arrange maintenance work, reduce runs and delay the startup of new projects.

Bloomberg News | March 13, 2024 | 8:47 am

Wyloo says industry will turn from LME without green nickel

The LME said that low carbon nickel could already be traded on its partner MetalsHub's system.

Reuters | March 13, 2024 | 7:42 am

Southern Cross Gold eyes Canada for dual listing

The planned listing, although the exact exchange wasn’t named, would start in this year’s third quarter to join more than 40% of the world’s public mining companies on the Canadian stock market.

Colin McClelland | March 12, 2024 | 3:21 pm

One metal’s slump shows China’s new economy is in favor

Iron ore staged a partial recovery, after slumping by the most since mid-2022 on Monday.

Bloomberg News | March 12, 2024 | 2:04 pm

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