Markets Top Stories

Gold Reserve announces $30 million placement for Citgo bid

Part of the proceeds will go toward the company's credit bid for PDV Holdings, the indirect parent company of Venezuela-owned oil refiner Citgo Petroleum.

Staff Writer | June 25, 2024 | 10:58 am

McEwen Copper makes share offer of $70 million to advance Los Azules

McEwen is currently working on a bankable feasibility study for…

Staff Writer | June 25, 2024 | 10:55 am

Albemarle plans more lithium auctions to boost market transparency

The company, which operates across the Americas, Asia and Australia,…

Reuters | June 25, 2024 | 10:55 am

Skeena secures $750 million finance package for Eskay Creek development

The company is moving toward open pit production at the…

Staff Writer | June 25, 2024 | 10:43 am

Hedge fund making 20% a year for last decade targets uranium M&A

Melbourne-based L1 Capital’s flagship Long Short Fund is the best…

Bloomberg News | June 24, 2024 | 3:37 pm

Japan’s JFE takes new tack to tame volatile coking coal prices

Japan's No.2 steelmaker plans to buy more coking coal from the spot market to boost activity and make prices more transparent.

Reuters | December 28, 2023 | 9:21 am

Some Japan buyers agree to pay Q1 aluminum premium of $90/t, down 7% Q/Q

Some Japanese aluminium buyers have agreed to pay global producers a premium of $90 per metric ton over the benchmark price for shipments from January to March, down 7% from the current quarter.

Reuters | December 28, 2023 | 8:33 am

Analysis: Gold set for further record prices in 2024 and 2025

Gold prices have been setting annual records for the past three years.

Jeffrey M. Christian | December 28, 2023 | 8:29 am

China smelters cut Q1 copper guidance price as supply outlook tightens

Mine closures and disruptions tightened the supply outlook.

Reuters | December 28, 2023 | 8:20 am

Spot gold wavers as bond markets rally on rate-cut optimism

Strong demand for Treasuries signalled investors are confident the Federal Reserve will loosen monetary policy next year.

Bloomberg News | December 28, 2023 | 12:59 am

Cash-strapped Horizonte Minerals secures $20 million interim funding

The latest funding package ensures that the company has the liquidity to advance the required re-estimation work at Araguaia.

Staff Writer | December 27, 2023 | 11:55 am

Silvercorp issues takeover offer for OreCorp

Canada’s Silvercorp Metals entered into a Bid Implementation Deed to acquire all of the shares it doesn’t already own of African gold developer OreCorp.

Staff Writer | December 27, 2023 | 10:28 am

The biggest global mining news of 2023

A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.

Frik Els | December 27, 2023 | 10:01 am

London gold price benchmark breaks all-time high, LBMA says

The London gold price opened the year on Jan. 3 at $1,835.05 and has since risen by 12.7%.

Reuters | December 27, 2023 | 9:01 am

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