Markets Top Stories

Indonesia and China killed the nickel market

Cheap Indonesian nickel, controlled by China and dumped on the market, has collapsed nickel prices and forced global mine closures.

Rick Mills - Ahead of the Herd | March 4, 2024 | 2:03 pm

Gold price flirts with new highs with market leaning towards June rate cut

Gold is just $20 off its record high of $2,135…

Staff Writer | March 4, 2024 | 11:48 am

Osisko Development secures $50 million for Cariboo underground gold project

Osisko received environmental approval for Cariboo last year, and it…

Staff Writer | March 4, 2024 | 11:23 am

London gold price benchmark hits all-time high, LBMA says

London's gold price benchmark hit an all-time high of $2,098.05/oz…

Reuters | March 4, 2024 | 9:13 am

Rio Tinto CEO bullish on lithium but not eyeing big acquisitions

Rio Tinto is developing the Rincon project, a lithium-brine mine…

Reuters | March 4, 2024 | 6:55 am

Shanghai Futures Exchange lowers margin requirements for metals trading

Margin requirements for copper and aluminum will be lowered from 12% to 9%.

Reuters | April 4, 2023 | 7:01 am

Teck said to be open to offers once coal spinoff is complete

Canada’s largest diversified miner has rejected an unsolicited acquisition proposal from Glencore Plc.

Bloomberg News | April 4, 2023 | 6:14 am

Glencore’s bid for Teck shows it’s willing to abandon coal

The Teck proposal “shows that Glencore do see merit in spinning off coal, which they’ve never said before,” a portfolio manager said.

Bloomberg News | April 3, 2023 | 2:07 pm

Wyloo says offer for Mincor is ‘best and final’ after nickel miner withdraws guidance

Wyloo has determined that the current offer price of $1.40 per share will not be increased, in the absence of a competing proposal.

Staff Writer | April 3, 2023 | 11:13 am

Gold price rallies as OPEC+ supply cut fuels more uncertainty

The shock decision by OPEC+ is "really driving that inflation hedge trade for gold," analyst says.

Staff Writer | April 3, 2023 | 9:55 am

Iron ore price slides on Chinese regulatory crackdown worries

The Chinese state planner has issued several warnings against hoarding and speculation in recent weeks.

MINING.COM Staff Writer | April 3, 2023 | 9:27 am

Copper price back below $9,000 on weak China industrial activity

Metal price was also impacted by the rise in oil prices and fears about inflation and higher interest rates in the US.

MINING.COM Staff Writer | April 3, 2023 | 8:12 am

Teck rejects unsolicited $23bn takeover bid from Glencore

Teck Resources is instead urging shareholders to approve an already announced separation of Teck Metals and Elk Valley Resources.

Cecilia Jamasmie | April 3, 2023 | 4:03 am

OPEC+ makes shock million-barrel cut in new inflation risk

The new reduction is significant for a market where — despite the recent price fluctuations — supply was looking tight for the latter part of the year.

Bloomberg News | April 2, 2023 | 1:35 pm

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