Strong copper price reviving Peru’s mining mojo, minister saysGoldman Sachs earlier in the day hiked its year-end price target to $12,000 per ton, from $10,000 previously.Reuters | May 3, 2024 | 3:41 pm
Kazatomprom uranium sales lag behind productionOutput came to 7.2 million lb. uranium oxide on an…Blair McBride | May 3, 2024 | 12:05 pm
What’s Anglo worth? For now it’s less than the sum of its partsAnglo’s shares are trading about 8% above the price implied…Bloomberg News | May 3, 2024 | 7:36 am
Short sellers mount attack on ESG stocks bloated from green hype Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus. Bloomberg News | September 26, 2023 | 3:02 pm
K92 extends Trafigura partnership with $100 million loan, longer offtake The company expects first drawdown to occur in early to mid-Q4 2023. Staff Writer | September 26, 2023 | 9:27 am
China scoops up cheap Indian iron ore in bid to trim steel costs Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits. Bloomberg News | September 26, 2023 | 8:17 am
New Pacific Metals raising $26 million to advance Bolivia projects Both Silvercorp Metals and Pan American Silver, current shareholders of the company, have expressed their desire to participate in the offering. Staff Writer | September 25, 2023 | 4:40 pm
Iron ore price at 2-week low on possible steel output curbs "It becomes increasingly clear that demand has hit the ceiling amid weaker-than-expected steel sales for September and October," one analyst says. Staff Writer | September 25, 2023 | 11:01 am
Sprott announces closing of largest resource fund to date With the close of Fund III, total assets under management of Sprott Resource Lending Corp. stands at $1.5 billion. Staff Writer | September 25, 2023 | 10:51 am
Bonterra shares surge following agreement with Osisko for development of Quebec properties The properties encompass 496 claims, spanning over 22,508 hectares. Staff Writer | September 25, 2023 | 10:35 am
Gold, miners weather Fed Fed hawkishness has been the rankling thorn in gold’s side for 18 months now. Adam Hamilton - Zeal Intelligence | September 25, 2023 | 10:11 am
Gold price subdued by Fed’s higher-for-longer interest rate stance One analyst forecasts gold prices to trade between $1,910 and $1,950 for the rest of this quarter. Staff Writer | September 25, 2023 | 9:35 am