Zhaojin offer for Tietto materially undervalues gold miner, says expert

World’s top 50 mining companies build on gains in the first quarter of 2023, but remain well below valuations this time last year as M&A fever grips the sector.

Australia’s Port Hedland iron ore hub to be cleared ahead of cyclone.

China signaling weak activity capped gains as the market looked ahead to the US inflation.

The exchange has not banned Russian metals from being traded and stored in its system since Moscow invaded Ukraine.

Newmont has raised its buyout offer by 16% to A$32 billion.

Gold surpassed $2,000 last week as weak US services sector and job openings data made a rate hike next month less likely.

The proceeds will be used to fund the company's portion of the NewRange JV with Teck.

US jobs data underscored a tight labour market, firming up expectations that the Fed will raise interest rates again.

The Biden administration is expected this week to propose the toughest-ever curbs on pollution from new cars and light trucks.