Markets Top Stories

Gold mining ETFs fail to keep pace with benchmark bullion fund

The SPDR Gold Shares ETF has rallied 9.82% this year; yet those gains have not been reflected in the share prices of gold miners.

Reuters | November 7, 2023 | 11:40 am

Codelco cuts 2024 copper premium to China, changes contract structure

The miner has offered to sell copper at a premium…

Reuters | November 7, 2023 | 9:57 am

Iron ore price retreats as China’s bourse plans to limit trading volumes

Also weighing on sentiment was news of unseasonably cold weather…

Staff Writer | November 7, 2023 | 9:04 am

China extends run of gold buying that’s helped support prices

China topped up its gold holdings for a 12th straight month in…

Bloomberg News | November 7, 2023 | 7:33 am

Golden Minerals stock plummets as it raises $4.2m through public offering

The offering comes six months after the company said it…

Staff Writer | November 6, 2023 | 3:13 pm

Inflation-hit miners are seeing early signs of cost relief

The financial chiefs of First Quantum Minerals and Lundin Mining noted a shifting trend on costs for mine supplies during their third-quarter earnings calls.

Bloomberg News | October 26, 2022 | 10:27 am

European aluminum giant calls for sanctions on Russian metal

Norsk Hydro, which operates the largest primary aluminum plant in Europe, is calling for sanctions to be imposed on Russian metals.

Bloomberg News | October 26, 2022 | 9:20 am

Copper price jumps as dollar eases

Metal price edged higher buoyed by a weaker dollar and amid hopes the pace of US interest rate hikes would slow down.

MINING.COM Staff Writer | October 26, 2022 | 8:39 am

Gold price rebounds to 2-week high on Fed relief hopes

“We might see a slowing of the economy, but inflation may not come down as much as the Fed would like and yet they will be no longer able or willing to raise rates further, and that is a very positive environment for gold,” analyst says.

Staff Writer | October 26, 2022 | 8:01 am

Marex to offer clients access to CME base metals contracts

The tie-up comes as CME expands its metals business and the LME faces dissatisfaction from some traders after turmoil in its nickel contract in March.

Reuters | October 25, 2022 | 4:50 pm

Calibre Mining shares fall to a fresh low on expanded US-Nicaragua sanctions

The new US sanctions expand a previously signed Trump-era executive order to include specific potential restrictions on trade and investment involving Nicaragua, with a particular reference to the gold industry.

Henry Lazenby | October 25, 2022 | 2:52 pm

More near-term pain for copper companies despite strong fundamentals, analysts warn

Base metals prices have eased considerably in 2022, as demand has weakened while the dollar has strengthened.

Henry Lazenby | October 25, 2022 | 2:19 pm

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

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