Markets Top Stories

Vale sees China steel production declining, other regions to grow

The company said it will adjust its distribution network to answer to the geographical changes on global steel production.

Reuters | December 3, 2024 | 10:27 am

China bans export of gallium, germanium and antimony to the US

China accounted for 48% of the world’s mined antimony last…

Staff Writer | December 3, 2024 | 9:40 am

RG Gold said to consider stake sale to fund growth

RG Gold is developing one of the largest single-gold deposits…

Bloomberg News | December 3, 2024 | 7:00 am

Trump reiterates opposition to Nippon Steel’s takeover of US Steel

Nippon Steel hopes to close the deal before Trump retakes…

Reuters | December 3, 2024 | 6:51 am

Firms launch physical uranium buying for small investors using blockchain

The physical uranium will be stored in facilities owned by…

Reuters | December 3, 2024 | 6:42 am

Mitsui said to be top bidder for First Quantum mines stake

The Japanese company is considering buying a roughly 20% interest in the Sentinel and Kansanshi mines.

Bloomberg News | November 19, 2024 | 7:04 am

Iron ore price at one-week high on softer dollar, pre-holiday stocking

Underpinning prices is some mills kicking off buying seaborne cargoes to meet their production needs over the week-long Chinese New Year holiday break in January.

Reuters | November 19, 2024 | 6:41 am

BHP to spend up to $14 billion on Chilean copper expansion

BHP plans to invest $7.3 billion to $9.8 billion in new projects at its Escondida mine alone, starting in 2028.

Cecilia Jamasmie | November 19, 2024 | 6:19 am

Sayona, Piedmont to create lithium giant in $623m merger

Deal creates North America’s largest hard rock lithium miner, which will be based in Australia and listed on both the ASX and NASDAQ.

Cecilia Jamasmie | November 19, 2024 | 3:40 am

China’s bid to rein in exports roils aluminum stocks and prices

China’s cancellation of tax relief on exports has left the aluminum industry scrambling to assess the impact on supply flows.

Bloomberg News | November 18, 2024 | 10:55 am

Gold price rebounds 2% as Goldman reiterates $3,000 target

Bullion has declined about 7% from a record last month, with losses accelerating after Trump’s victory.

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

Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes

Analysts say near-term demand for iron ore remain strong, supporting prices.

Reuters | November 18, 2024 | 7:13 am

Newmont sells Ontario gold mine to Orla for $850 million

The addition of the Musselwhite mine to its portfolio more than doubles Orla Mining's gold output to 300,000 ounces per year.

Cecilia Jamasmie | November 18, 2024 | 3:47 am

BHP warns Australian mining not ready for low-cost competitors

The boom in demand from China’s industrialization is now “past the period of aggressive growth,” BHP’s Australia President said.

Bloomberg News | November 17, 2024 | 4:44 pm

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