Hudbay Minerals closes $402.5 million upsized public offeringThe net proceeds will be used by Hudbay to accelerate mine pre-stripping activities and mill optimization initiatives at Copper Mountain.Staff Writer | May 24, 2024 | 9:03 am
Anglo shareholders say BHP should amend structure or sweeten bidOf the investors that Bloomberg spoke to this week, some…Bloomberg News | May 23, 2024 | 12:16 pm
Bonds’ decades-long lead over gold vanishes as debt worries growA dollar invested in gold 51 years ago is now…Bloomberg News | May 23, 2024 | 9:42 am
Panama rejects Orla Mining’s request for permit extension The Canadian miner said Panama also declared the concessions were in a reserve area, cancelling them altogether. Cecilia Jamasmie | December 18, 2023 | 6:05 am
Lithium ends dire year with cautious mood during contract season Producers have recently been in talks with clients — mostly in Asia — to hash out contracts for 2024. Bloomberg News | December 17, 2023 | 2:46 pm
Buenaventura stock surges as Antofagasta takes 19% equity position The NYSE-listed shares reached a 52-week high of $12.73 earlier in the session. Staff Writer | December 15, 2023 | 1:42 pm
LME faces fresh worries about Russian metal after UK sanctions Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand. Bloomberg News | December 15, 2023 | 12:23 pm
Friedland says $15,000/t copper price needed to spur new mines The mining magnate said that forecasts of copper prices reaching $9,000 a metric ton next year isn’t enough to stimulate the industry. Bloomberg News | December 15, 2023 | 11:13 am
Fed dots spur gold Gold blasted higher this week after a major dovish surprise from the Federal Open Market Committee. Adam Hamilton - Zeal Intelligence | December 15, 2023 | 10:59 am
China Nov aluminum output boosted by growing demand The world's biggest producer churned out 3.54 million metric tons of primary aluminum last month. Reuters | December 15, 2023 | 10:02 am
Costco sold $100 million worth of gold bars last quarter Gold enthusiasts on Reddit said the bars were going for slightly more than $2,000 as recently as last week. Staff Writer | December 15, 2023 | 9:38 am
Plummeting platinum group prices could worsen shortage — report PGM prices have fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined. Colin McClelland | December 15, 2023 | 8:00 am