Markets Top Stories

American Rare Earths rejects $400 million SPAC takeover offer

The company's 100%-owned US subsidiary owns Halleck Creek, one of the world’s top 10 rare earth projects.

Staff Writer | April 26, 2024 | 2:50 pm

Glencore bought aluminum from Rusal worth $1.06bn in 2023

The current contract between the parties expires in 2024.

Reuters | April 26, 2024 | 8:09 am

Silvercorp diversifies into South America with $146 million deal for Adventus

Silvercorp said it has the technical capabilities to bring Adventus' El Domo…

Staff Writer | April 26, 2024 | 7:04 am

Gold price heads for weekly loss as US inflation concerns sap demand

The precious metal dipped on Friday and is down 2.7%…

Bloomberg News | April 26, 2024 | 6:32 am

London’s mining crown under threat from $39 billion Anglo bid

BHP's attempt to swallow up Anglo American is the latest…

Bloomberg News | April 26, 2024 | 6:22 am

Teck shares are back where they started before Glencore offer

Despite Tuesday’s sharp drop, Teck has still outperformed most of its rivals this year.

Bloomberg News | October 25, 2023 | 3:37 pm

Gold price stays near five-month high with Middle East conflict, US data in focus

The geopolitical concerns are not going away in the short term, which will continue supporting gold, analyst says.

Staff Writer | October 25, 2023 | 9:06 am

Lynas shares jump as Malaysia allows key plant extension

The government of Malaysia said it will allow the miner to import raw materials containing natural radioactive material.

Reuters | October 25, 2023 | 8:31 am

Hedge fund hunts for next Australia lithium winner on deal craze

An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management.

Bloomberg News | October 24, 2023 | 1:23 pm

Teck stock drops to seven-month low on rising cost of flagship copper mine

The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.

Bloomberg News | October 24, 2023 | 10:31 am

Botswana’s ODC halts diamond sales as industry seeks to reduce glut

ODC holds 10 auctions a year to sell its 25% allocation of production from Debswana.

Reuters | October 24, 2023 | 10:01 am

Teck Resources says restructuring remains ‘priority’ as Q3 underwhelms

The company expects to see annual production at the lower end of its 2023 guidance for QB2.

Reuters | October 24, 2023 | 8:28 am

De Beers output falls amid Venetia mine transition

De Beers stopped its 30-year open pit mining operations at Venetia last year to transition it to underground extraction.

Cecilia Jamasmie | October 24, 2023 | 8:00 am

Ma’aden subscribes for more Ivanhoe Electric shares to maintain 9.9% stake

The Saudi state-owned miner previously paid $126.5 million for its original 9.9% stake.

Staff Writer | October 23, 2023 | 2:10 pm

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