Itochu to buy stake in Brazil’s CSN’s iron ore unit for $769mCSN Mineracao is the leading iron ore producer and distributor in Brazil.Reuters | November 6, 2024 | 2:25 pm
Albemarle loses more than $1 billion on falling lithium pricesThe results underscore the supply glut engulfing the entire lithium…Reuters | November 6, 2024 | 2:01 pm
Copper price sees biggest drop since May as Trump win boosts dollarTraders are also bracing for a potential knock to demand…Staff Writer | November 6, 2024 | 9:47 am
Iron ore price posts steepest daily rise in over 1 year on fresh China stimulus China's central bank unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk. Reuters | September 24, 2024 | 6:17 am
Australian uranium miners soar after US nuclear plant revival deal Microsoft signed a deal to help resurrect a US nuclear power plant, fueling hopes of growing demand from big tech firms for green power. Reuters | September 24, 2024 | 6:14 am
Gold price climbs to new record, now up 27% on the year Bullion has advanced since the Federal Reserve lowered its benchmark interest rate by half a percentage point last week. Staff Writer | September 23, 2024 | 9:31 am
Rio Tinto chairman warns mining deals won’t solve supply crisis Rio has been quiet in the dealmaking space, instead allocating hundreds of millions into exploration with a focus on copper and lithium. Bloomberg News | September 22, 2024 | 5:52 pm
Gold price breaks $2,600 barrier as Fed cut bets prolong historic run Prices have climbed 27% in 2024, their biggest annual rise since 2010. Reuters | September 20, 2024 | 12:41 pm
Short-seller blasts New Found Gold for lack of resource after drilling Iceberg Research alleges the company is trying to hide the project’s lack of consistent gold mineralization. Colin McClelland - The Northern Miner | September 20, 2024 | 11:55 am
Buy bonds and gold as bubble risk returns, BofA strategist says It doesn’t “get much better than that for risk, so investors are forced to chase” the rally, Michael Hartnett says in a note. Bloomberg News | September 20, 2024 | 11:38 am
Gold lackluster after Fed Plenty of traders thought gold would surge after an outsized rate cut birthing a new cutting cycle. Adam Hamilton - Zeal Intelligence | September 20, 2024 | 9:37 am
Copper price sees strong week with boost from Fed, China demand Base metals sank to multi-month lows in August amid disappointment over Chinese demand and a cloudy outlook for the global economy. Bloomberg News | September 20, 2024 | 9:27 am