Markets Top Stories

Investors sell gold ETFs for fourth year even with Fed easing

A stronger dollar following Donald Trump’s election win saw a renewed selloff of those exchange-traded funds.

Bloomberg News | January 2, 2025 | 1:15 pm

Gold price advances after 27% annual gain as traders eye US rate path

Many analysts see further gains ahead this year.

Bloomberg News | January 2, 2025 | 12:54 pm

China’s 2025 iron ore imports set to hit new high even as steel demand dwindles

UBS forecasts a moderate surplus in 2025 and prices holding…

Reuters | January 2, 2025 | 9:28 am

LME nickel hits four-year low as 2025 opens with eyes on China

Prices for nickel, used in stainless steel and batteries, dropped…

Bloomberg News | January 2, 2025 | 9:09 am

Manganese X secures $1.4m investment from Sprott

Manganese X said it will use the proceeds to advance…

Staff Writer | January 2, 2025 | 8:56 am

Biden plans to finally kill Nippon Steel bid for US Steel

Nippon Steel and US Steel are poised to pursue litigation over the process if Biden decides to block the merger, Bloomberg sources say.

Bloomberg News | December 10, 2024 | 1:08 pm

Centerra backs Dryden Gold with $2.4 million for 9.9% stake

Dryden said it will now be fully financed through 2025 with a C$5.8 million exploration budget.

Staff Writer | December 10, 2024 | 8:20 am

Lithium supply surplus set to stay with battery makers’ help

Global lithium surpluses expected to persist through 2027.

Reuters | December 10, 2024 | 7:26 am

Nornickel says sees global nickel surplus of 150,000t in 2024-2025

The company said it expects the palladium market to reach balance in 2025.

Reuters | December 10, 2024 | 7:16 am

Gold price could extend record run into 2025, Heraeus says

Heraeus expects gold prices to range from $2,450 to $2,950 per ounce in 2025.

Reuters | December 10, 2024 | 7:11 am

Nippon Steel makes final push to win over US workers

Nippon clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts.

Bloomberg News | December 9, 2024 | 5:30 pm

Jaguar Mining stock plunges after tailings pile slump forces Brazil mine shutdown

Jaguar expects a return to production to be no shorter than one month.

Staff Writer | December 9, 2024 | 2:55 pm

Copper price jumps on China policy, but we’ve been here before

Copper looked ready to test record highs in September after a Beijing bazooka, but a new report says the deep malaise of Chinese construction trumps all else.

Frik Els | December 9, 2024 | 2:19 pm

Namib Minerals set for Nasdaq debut following $500m SPAC deal

The proposed business combination, which implies a pro forma combined enterprise value of $609 million, represents the largest African de-SPAC deal to date.

Staff Writer | December 9, 2024 | 10:55 am

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