Markets Top Stories

China gold demand plunges as record prices deter jewelry buyers

Gold demand in the world’s biggest consumer plunged by more than a fifth in the third quarter.

Bloomberg News | October 28, 2024 | 7:02 am

Nornickel raises 2024 production guidance for all metals

The Russian company increased nine-month copper and palladium output year…

Reuters | October 28, 2024 | 4:11 am

Dalian iron ore price hits more than one-week high on renewed China stimulus hopes

Markets are now pricing in expectations of fiscal stimulus from…

Reuters | October 28, 2024 | 3:03 am

Korea Zinc attempts to fend off takeover with $1.5 billion share buyback

Korea Zinc announced Monday it has secured a 9.85% stake…

Reuters | October 28, 2024 | 1:48 am

Australia’s IGO swings to a loss on lithium downturn

The bottom line was affected by a 45% drop in…

Reuters | October 27, 2024 | 4:40 pm

MBK, Young Poong secure over 5% stake in Korea Zinc

MBK and Young Poong had conducted a tender offer to purchase up to 14.6% of Korea Zinc shares, for an estimated price tag of up to $1.85 billion.

Reuters | October 14, 2024 | 3:41 am

China’s Sept rare earth exports curbed by rising domestic demand, prices

The world's largest producer of rare earths last month shipped 4,181 metric tons of the 17 minerals.

Reuters | October 14, 2024 | 3:34 am

Value of top 50 mining companies jumps to second highest on record

World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost.

Frik Els | October 14, 2024 | 3:10 am

Inside China’s bid to build sway over global metals pricing

China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract foreign firms to trade on Shanghai's futures exchange.

Reuters | October 14, 2024 | 12:25 am

Navoi Mining launches $1 billion debut bond offering

This marks the first global debt market issuance from a gold mining company since June 2023.

Staff Writer | October 12, 2024 | 8:58 pm

Rio Takes step toward M&A redemption with $6.7 billion lithium bet

Modest by comparison with past splurges, the all-cash deal is a significant and long-awaited expansion of Rio’s bet on lithium.

Bloomberg News | October 12, 2024 | 10:22 am

Gold miners’ epic quarter

The gold miners are on the verge of reporting another best quarter ever.

Adam Hamilton - Zeal Intelligence | October 11, 2024 | 10:14 am

Aluminum prices surge amid Guinea bauxite export suspension

Emirates Global Aluminium announced a suspension of bauxite exports from its Guinea Alumina Corporation subsidiary.

Staff Writer | October 11, 2024 | 10:01 am

Gold price erases weekly loss as market digests new US data

A measure of prices paid to US producers was unchanged in September, pointing to a still-favorable inflation outlook and supporting expectations of Fed rate cut next month.

Staff Writer | October 11, 2024 | 9:51 am

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