Markets Top Stories

Top gold ETF sees largest weekly outflow since 2022 on Trump win

SPDR Gold Shares (GLD) saw an outflow of over $1 billion, the largest weekly fund outflow since July 2022.

Bloomberg News | November 11, 2024 | 10:39 am

Ascot Resources seeks TSX exemption for $37 million financing

The funds will be used by Ascot to resuscitate its…

Staff Writer | November 11, 2024 | 10:30 am

Copper price, stocks are being hammered as Trump tariff, China worries mount

“Though commodities are often seen as an inflation hedge, in…

Frik Els | November 11, 2024 | 10:22 am

Hindalco beats Q2 profit view on higher aluminum prices

The benchmark aluminum and copper prices on the LME rose…

Reuters | November 11, 2024 | 9:18 am

Column: Copper views Trump win through Chinese lens

Donald Trump's win has not sparked a repeat of the…

Reuters | November 11, 2024 | 9:09 am

Glencore posts lower metals output for first nine months, reiterates outlook

The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons.

Reuters | October 30, 2024 | 1:22 am

Gold price scales $2,800 amid US election uncertainty

Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs.

Staff Writer | October 30, 2024 | 1:12 am

Gold demand tops $100 billion as Western investors charge in

Investment flows from the West, including more high-net-worth individuals, helped offset waning appetite from Asia.

Bloomberg News | October 30, 2024 | 1:10 am

BHP has moved on from Anglo American, company chairman says

The world's biggest miner walked away from a $49 billion bid to acquire Anglo in May after it was rebuffed three times.

Reuters | October 29, 2024 | 5:45 pm

Alcoa ‘very bullish’ on aluminum for energy transition

Megatrends are driving aluminum demand of 3%, 4%, and 5% every year its CEO said.

Reuters | October 29, 2024 | 5:11 pm

Private equity deals in mining sector tumble by half in 2024 – report

Total transaction value as of Sept. 30 was $4.76 billion, down more than 50% compared to the $10.52 billion registered in the full year 2023.

Staff Writer | October 29, 2024 | 1:02 pm

India’s festive gold buying spree continues, defying record price

Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday.

Reuters | October 29, 2024 | 7:54 am

CHART: Copper price is being held hostage by Beijing

New report foresees a possible step change at meeting of China’s highest lawmaking body next week, with a decline of $1,000/t a distinct possibility.

Frik Els | October 29, 2024 | 4:11 am

Australia risks losing its iron ore dominance, Fortescue CEO says

Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply.

Reuters | October 28, 2024 | 5:54 pm

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