Markets Top Stories

Citi stays bullish on gold, hikes price 3-month outlook to $2,800

The bank also revised its 6 to 12-month forecast for silver prices upward to $40 per ounce from $38 per ounce.

Reuters | October 21, 2024 | 5:31 pm

WisdomTree ESG funds with fossil fuels draw $4 million SEC fine

WisdomTree touted three funds with an environmental, social and governance…

Bloomberg News | October 21, 2024 | 3:43 pm

Calibre Mining pares gold outlook, flags 14% Valentine capex hike

The Americas-focused mid-tier gold miner has cut its full-year production…

Henry Lazenby - The Northern Miner | October 21, 2024 | 3:25 pm

NuVau plans IPO to revive copper-zinc project in Quebec

The company already has a three-year earn-in agreement with Glencore…

Blair McBride - The Northern Miner | October 21, 2024 | 11:35 am

China’s steel demand has shrunk to less than half global total

China will account for less than half of global steel…

Bloomberg News | October 21, 2024 | 11:18 am

Wyloo to sell its low-carbon metal on Metalshub platform

In March, Wyloo said that if the LME failed to launch a green nickel contract, the industry would have to look for another trading venue.

Reuters | October 1, 2024 | 6:46 am

Firms substituting cheaper aluminum for copper, trend growing

Currently, the price of copper is 3.8 times that of aluminum.

Reuters | October 1, 2024 | 6:43 am

Aluminum spread jumps again as traders eye Trafigura position

Traders are also focusing on a single large long position in the October aluminum contract, which is held by Trafigura.

Bloomberg News | September 30, 2024 | 10:43 am

Investors’ allocation to metals sector seen growing

Some investors who already have energy transition equities in their portfolio could benefit from having metals as a hedge for those stocks, one analyst says.

Reuters | September 30, 2024 | 10:27 am

Column: Study Group has a sobering message for copper bulls

There's no shortage of copper, according to the International Copper Study Group (ICSG), which has just updated its supply and demand forecasts.

Reuters | September 30, 2024 | 10:21 am

BHP projects copper demand to rise by 1 million tonnes annually until 2035

The company estimates that $250 billion in investment will be required over the next decade to address the widening gap between copper supply and demand.

Staff Writer | September 30, 2024 | 8:19 am