Markets Top Stories

New copper fund revives controversial product

Sprott Inc. has launched a $100 million fund that will buy and hold physical copper.

Bloomberg News | June 6, 2024 | 9:20 am

Global gold ETFs saw first inflows in a year in May, says WGC

Higher gold prices and inflows drove total assets under management…

Reuters | June 6, 2024 | 9:06 am

Nevada Copper fears shutdown without immediate funding; stock plunges

The miner said it generated lower sales through the ramp-up…

Staff Writer | June 6, 2024 | 8:17 am

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

Sentiment towards gold is supported by fears over US government…

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…

Reuters | June 6, 2024 | 7:01 am

Saudi Arabia flags commodity trading ambitions with DME stake

The owner of Saudi Arabia’s stock market has acquired a 32.6% stake in the Dubai Mercantile Exchange.

Bloomberg News | January 18, 2024 | 7:51 am

Gold price drops to near $2,000 on hawkish Fed comments

Gold is now at its lowest in 2024 after starting the year around the $2,065/oz. level.

Staff Writer | January 17, 2024 | 9:26 am

Iron ore futures retreat amid weak China data

The benchmark February iron ore on the Singapore Exchange slid 2.6% to $125.95 a metric ton.

Reuters | January 17, 2024 | 8:44 am

Los Pelambres boosted Antofagasta copper production in 2023

It stepped up production at Los Pelambres after overcoming water issues at the operation, which is nearing the end of Phase 1 expansion.

Cecilia Jamasmie | January 17, 2024 | 7:06 am

Albemarle to cut jobs, halt expansions and sell stake in Liontown

The world's top lithium producer expects to reduce costs by $95m a year by reducing expenses, cutting jobs and selling unwanted assets.

Cecilia Jamasmie | January 17, 2024 | 3:43 am

AustralianSuper swoops on lithium stocks after price plunge

The Melbourne-based fund raised its stake in Pilbara Minerals to 6.12% earlier this month.

Bloomberg News | January 16, 2024 | 5:06 pm

As price parity beckons, substitution from palladium to platinum to wane

The rate at which platinum is displacing palladium in the manufacture of autocatalysts is slowing due to the sister metals approaching price parity.

Reuters | January 16, 2024 | 9:23 am

Most cobalt producers loss-making after 2023 price slump, says ERG

Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop.

Reuters | January 16, 2024 | 7:55 am

Toro Energy to grow Wiluna uranium project with satellite deposits

Extension study for the proposed Lake Maitland uranium-vanadium asset comes at a time of soaring global uranium prices.

Cecilia Jamasmie | January 16, 2024 | 3:44 am

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