Markets Top Stories

Congo’s $7 billion infrastructure deal with China will depend on copper prices

President pushed for a review of the 2008 infrastructure for minerals deal with Sinohydro Corp and China Railway Group to bring more benefits for Congo, the world's biggest cobalt producer.

Reuters | May 3, 2024 | 12:00 pm

What’s Anglo worth? For now it’s less than the sum of its parts

Anglo’s shares are trading about 8% above the price implied…

Bloomberg News | May 3, 2024 | 7:36 am

UK’s FTSE 100 hits record high as favourable data boosts sentiment

Anglo American jumped 3.2% after Reuters reported that Glencore was…

Reuters | May 3, 2024 | 7:25 am

Underwater power play for metals in full swing

The International Seabed Authority, which next meets in July, is…

Alisha Hiyate | May 3, 2024 | 6:24 am

BHP’s high-stakes tilt for Anglo puts regulators in spotlight

The proposed $39 billion combination has more than enough components…

Bloomberg News | May 3, 2024 | 4:56 am

Zinc price rallies as Glencore temporarily halts mine in Australia

Prices rose as much as 2.5% to $2,571.50 a metric ton on the LME.

Bloomberg News | March 21, 2024 | 10:19 am

Uranium’s 22% price plunge is bottoming out on nuclear future

Industry experts and analysts say that the uranium market has likely set a new floor thanks to a strong demand outlook.

Bloomberg News | March 21, 2024 | 8:56 am

Gold price tops $2,200, setting new record

Spot gold set a new record of $2,222.39 during the early hours of trading on Thursday.

Staff Writer | March 21, 2024 | 6:47 am

Copper price resumes rally as Fed rate signals boost industrial metals

The metal has gained more than 10% over the past six weeks, boosted by supply risks.

Bloomberg News | March 21, 2024 | 5:59 am

Australian coal miners woo private capital as banks get leery

Australian coal producers are increasingly dabbling in high-interest private loans as lenders look to replace reluctant banks that are held back by ESG concerns.

Bloomberg News | March 20, 2024 | 5:11 pm