Markets Top Stories

Toronto Stock Exchange has 1 IPO this year in historic dry spell

Lithium Royalty Corp., which raised $108 million in March, is the lone deal to make it through in 2023.

Bloomberg News | November 2, 2023 | 7:39 am

Albemarle cuts annual forecast on slumping lithium prices

Worries have been mounting that global EV demand is softening.

Reuters | November 1, 2023 | 3:02 pm

Iron ore price rallies on positive signals from China

Iron ore is still most exposed to further policy support…

Staff Writer | November 1, 2023 | 10:18 am

Poll – Copper to claw higher in 2024 despite headwinds

Copper prices have shed about 15% since touching the highest…

Reuters | November 1, 2023 | 10:01 am

HSBC takes stab at using blockchain to modernize London’s antiquated gold market

HSBC has launched a platform that uses distributed ledger technology…

Bloomberg News | November 1, 2023 | 9:57 am

Rio Tinto reiterates $3.3bn offer for Turquoise Hill after ISS recommends against deal

ISS on Monday had recommended Turquoise Hill shareholders to vote "against" the deal, joining the Canadian miner's second-largest shareholder Pentwater Capital Management.

Reuters | October 25, 2022 | 11:15 am

Cliffs tumbles as outlook suggests more pain for steel

The second-largest US steelmaker said Tuesday that it is being hit by higher input costs and maintenance activities, which led to adjusted earnings before items of $436 million in the third quarter, about 50% below analyst estimates.

Bloomberg News | October 25, 2022 | 9:34 am

Norsk Hydro calls for EU, US sanctions on Russian aluminum

With recession looming, however, some business groups say bans on Russian aluminum would decimate European industry.

Reuters | October 25, 2022 | 9:30 am

LME partner Metalshub targets lower-content nickel trading

The lack of lower-content nickel trading on the LME was a factor that helped fuel a wild spike in LME nickel prices in March.

Reuters | October 25, 2022 | 9:14 am

Iron ore price lowest in 11 months as China’s peak construction season disappoints

Uninspiring economic data and a sliding Chinese yuan added to the bearish mood.

MINING.COM Staff Writer | October 25, 2022 | 8:33 am

Aya Gold & Silver secures $100 million financing for Zgounder mine expansion, shares rise

The proposed expansion would expand the mill's nameplate capacity to 2,700 t/d from 700 t/d, thus quadrupling Zgounder's silver production.

Staff Writer | October 25, 2022 | 8:16 am

Column: China may solve the LME’s Russian copper problem. But at a price

India also boosting its imports of Russian crude and coal, with both Asian giants taking advantage of the discounts on offer.

Reuters | October 25, 2022 | 8:05 am

Australia flags risks to commodities price projections from Ukraine, China

Treasurer Jim Chalmers said the boost to revenues from higher employment and commodity prices was likely to be "temporary".

Reuters | October 25, 2022 | 7:57 am

Europe’s first lithium mine agrees to merge with Sizzle SPAC

A unit of Australian miner European Lithium Ltd. has agreed to go public on Nasdaq through a merger with blank-check company Sizzle Acquisition Corp.

Bloomberg News | October 25, 2022 | 7:49 am

First

Last