Markets Top Stories

Chalice downsizes board, cuts costs amid nickel prices slump

Cost-cutting measures means Chalice won't meet diversity goals as the two board members dismissed were the only female directors.

Cecilia Jamasmie | August 23, 2024 | 3:53 am

Perseus gets $45m cash injection with sale of Montage Gold stake

The sale would help strengthen its balance sheet following the…

Staff Writer | August 22, 2024 | 8:41 am

Column: Cobalt supply tsunami hits the market of last resort

Someone delivered 23 metric tons of cobalt to London Metal…

Reuters | August 22, 2024 | 8:13 am

Copper is flooding into US as flash-squeeze chaos reverberates

The huge dislocation between global prices saw the US import…

Bloomberg News | August 22, 2024 | 7:54 am

Lead sellers caught short by Shanghai delivery rule change

Would-be sellers of battery metal lead on the Shanghai Futures…

Reuters | August 22, 2024 | 7:23 am

Copper price at risk of pullback as buying in China stalls after rally

Fabricators have struggled to pass on higher costs to their customers, forcing them to rein in purchases since March, one copper trader said.

Bloomberg News | April 23, 2024 | 8:55 am

JP Morgan, UBS led all mining M&A financial advisers by deal value in Q1 — report

According to Aurojyoti Bose, lead analyst at GlobalData, the involvement in the $2.2 billion Alcoa-Alumina M&A deal helped these two firms top the chart by value.

Staff Writer | April 23, 2024 | 8:18 am

Iron ore price slides to nearly one-week low on subdued Chinese steel market

Steel consumption was suppressed in the short term due to rainy weather in southern regions of China.

Reuters | April 23, 2024 | 7:35 am

Anglo American bullish on copper outlook, cuts diamond targets

It produced 11% more copper in the first quarter, but its diamond unit De Beers saw output drop by 23% on high inventories.

Cecilia Jamasmie | April 23, 2024 | 5:35 am

Gold price falls again after biggest daily slump in almost two years

After climbing to a record earlier this month, the precious metal has now fallen below $2,300 an ounce.

Bloomberg News | April 23, 2024 | 5:26 am

Shortages key to copper’s upward price trajectory to new peaks

Copper prices have recently been bolstered by expectations of tight supplies and optimism about demand prospects from energy transition.

Reuters | April 23, 2024 | 4:54 am

Mayur Resources fully funded for Central Lime project in Papua New Guinea

CLP is within Mayur’s unique Single Factory Special Economic Zone, close to both domestic and overseas markets in Australia and Asia.

Staff Writer | April 22, 2024 | 4:37 pm

Energy Fuels buys Base Resources for $240 million

The news sent the Australian junior's shares skyrocketing 123% while market reaction was more muted in Toronto.

Staff Writer | April 22, 2024 | 2:24 pm

Canada’s planned capital gains tax hike may choke mining startups, dealmakers say

In 2023 junior mining companies, which are still in the exploration stage, raised about C$1 billion through flow-through shares in Canada.

Reuters | April 22, 2024 | 12:52 pm

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