Markets Top Stories

Copper is top bet for base metals in 2024 at LME seminar

Copper got 53% of votes in an informal poll at the LME Seminar.

Reuters | October 9, 2023 | 9:27 am

Mining-focused buyout firm Appian raises $2 billion for new fund

“This is the first fundraising we have done where mining…

Bloomberg News | October 9, 2023 | 9:14 am

Codelco 2024 copper premium offer matches 2023’s record $234/t for European customers

Russia was previously a major supplier of copper to the…

Reuters | October 9, 2023 | 9:06 am

Metal trader misery undercuts supercycle hype as losses pile up

The world’s metal traders are enduring one of their toughest…

Bloomberg News | October 8, 2023 | 11:35 am

Attack on Israel boosts appeal of gold, safe-haven assets

Rising geopolitical risk could see buying in assets like gold.

Reuters | October 8, 2023 | 11:01 am

Europe’s energy crisis to drop copper price to two-year low

"It would be rare to see an outright decline in demand, but I think that's what we are going to see in Europe over the next 3-6 months," Citi analyst says.

Reuters | September 20, 2022 | 7:59 am

South Star Battery Metal secures construction permit for graphite mine in Brazil

The company aims to start production at phase 1 of the Santa Cruz graphite project in Southern Bahia by the end of 2023.

Cecilia Jamasmie | September 20, 2022 | 6:34 am

Gold miners look beyond Fed hikes to predict $1,800 comeback

Not even the most hawkish Federal Reserve in decades can beat down the exuberance of gold enthusiasts at the industry’s biggest annual gathering.

Bloomberg News | September 19, 2022 | 4:47 pm

Kinross Gold to buy back $300 million of shares following talks with Elliott

The company said it will repurchase the shares over the remainder of this year and will allocate 75% of its excess cash for more buybacks in 2023 and 2024.

Bloomberg News | September 19, 2022 | 9:33 am