Markets Top Stories

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

Nippon Steel hopes to close the deal before Trump retakes the White House on January 20.

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

Northern Star seals global gold major status with Hemi buy

Northern Star portfolio will benefit from adding Hemi, one of…

Kristie Batten | December 3, 2024 | 4:05 am

Deutsche Bank sticks out among financiers of Peabody’s coal loan

Peabody obtained a $2.1 billion bridge loan to help it…

Bloomberg News | December 2, 2024 | 2:23 pm

Condor Gold shares surge on takeover approaches

The company reported nonbinding takeover approaches from Calibre Mining and…

Staff Writer | December 2, 2024 | 10:19 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

Aluminum price to average 6% higher in 2024, says Fitch Group’s BMI

Analysts also raised its 2024 aluminum price forecast from $2,400/tonne to $2,450/tonne to reflect these expectations.

Staff Writer | November 17, 2024 | 9:43 am

Gold loses some luster after Trump’s decisive win

Gold’s slide is a marked turnaround for a commodity that had surged by more than 30% in the year leading up to the US vote.

Bloomberg News | November 17, 2024 | 9:07 am

Hedge funds slash bullish wagers on gold over Trump election win

Hedge funds and other large speculators boosted net-long positions by 11% to 197,362 as of Nov. 12, the lowest in 14 weeks.

Bloomberg News | November 15, 2024 | 2:29 pm

Russia takes aim at US nuclear power by throttling uranium

Limits creates potential supply risks to utilities operating American reactors that generate almost a fifth of the country’s electricity.

Bloomberg News | November 15, 2024 | 12:25 pm

Gold miners’ Q3 2024 fundamentals

Thanks to record gold prices, major miners achieved record revenues, record bottom-line earnings, and record operating cash flows.

Adam Hamilton - Zeal Intelligence | November 15, 2024 | 9:59 am

Gold price faces worst week since 2021 as Fed signals no rate-cut rush

The precious metal has fallen about 8% from a record high on Oct. 31, with losses accelerating after Trump’s election victory last week.

Bloomberg News | November 15, 2024 | 9:46 am

Peninsula Energy shares plunge on lower uranium production forecast

Peninsula also announced that CEO Wayne Heili will step down next year.

Staff Writer | November 15, 2024 | 8:40 am

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