November 8, 2022

Chicago is coming for London’s metal trading after LME stumbles

As the London Metal Exchange wades through the fallout of this year’s nickel crisis, its American rival is gaining ground.

November 8, 2022

Codelco proposes 33% price hike for Chinese copper buyers for 2023

Last month, Codelco raised its premiums for sales to Europe to a record $234 a tonne for 2023, up 83% from 2022.

November 8, 2022

Agnico Eagle, Pan American to buy Yamana Gold in $4.8bn deal

Gold Fields has terminated its agreement with Yamana after deciding not to raise its offer for the Canadian gold miner.

November 7, 2022

American Eagle reports first drill result from NAK copper project; stock soars

Shares of American Eagle shot up nearly six-fold at Monday's close following the new drill results.

November 7, 2022

Peabody likely to pay dividend in 2023, analyst says

Earnings for Peabody and other coal suppliers have climbed this year amid a global energy crunch that’s driving up demand and prices for fossil fuels.

November 7, 2022

McEwen Mining shares surge despite lower Q3 output, revised FY 2022 guidance

Despite the revised guidance, McEwen still sees a "brighter future" at its two main assets.

November 7, 2022

Copper price falls on Chinese demand fears

The country's zero-covid approach and lockdowns have squeezed its manufacturing sector and hit demand for industrial metals.

November 7, 2022

SolGold secures $50 million royalty funding from Osisko Gold

SolGold said it can now focus completely on a strategic review, currently underway, which seeks to maximize shareholder value.

November 7, 2022

Gold Fields won’t raise offer for Yamana Gold after rival bid

Gold Fields is sticking to its offer for Yamana Gold despite Pan American and Agnico Eagle's unexpected and unsolicited $4.8 billion bid.

November 6, 2022

China’s Fosun to raise $561m from mining sale stake as part of asset selldown

Fosun had owned about 22.85% of Zhaojin Mining's shares and will retain a 2.85% stake in the Hong Kong listed company.