Markets Top Stories

Metals sell off after Trump win while oil recoups some losses

Metals bore the brunt of global commodity price losses after a US election win by Donald Trump on Wednesday.

Reuters | November 6, 2024 | 12:27 pm

Copper price sees biggest drop since May as Trump win boosts dollar

Traders are also bracing for a potential knock to demand…

Staff Writer | November 6, 2024 | 9:47 am

Ero Copper cuts guidance, shares tumble

Ero also announced several leadership changes, following the retirement of co-founder Noel…

Staff Writer | November 6, 2024 | 9:14 am

Gold price falls after sweeping Trump win boosts dollar

Trump's win could translate into a global trade conflict that…

Colin McClelland - The Northern Miner | November 6, 2024 | 6:36 am

World’s biggest cobalt miner is gloomy on the EV metal’s future

The adoption of cobalt-free LFP batteries has gained momentum in…

Bloomberg News | November 6, 2024 | 6:20 am

Lithium woes hold top China producers to year-to-date losses

Global lithium prices have plunged from two years ago due to a flood of new supply and softening growth in demand from the electric-vehicle sector.

Bloomberg News | October 30, 2024 | 11:19 am

Caterpillar slides as machinery maker curbs full-year outlook

The cautious forecast by one of the world’s biggest heavy machinery producers comes amid uncertainty around the November election in the US.

Bloomberg News | October 30, 2024 | 10:48 am

Asante Gold announces $525 million financing to support Ghana growth plans

The company's plan is to organically grow its gold production through improvements at Bibiani and Chirano.

Staff Writer | October 30, 2024 | 9:59 am

India’s gold demand to hit four-year low amid price rally, WGC says

Record-high prices are seen denting purchases during the peak festival season in the December quarter.

Reuters | October 30, 2024 | 8:39 am

Iron ore price rangebound as EU tariff hike woes counter China’s fiscal stimulus optimism

The EU has decided to increase tariffs on Chinese-built EVs to as much as 45.3%.

Reuters | October 30, 2024 | 7:07 am

Glencore posts lower metals output for first nine months, reiterates outlook

The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons.

Reuters | October 30, 2024 | 1:22 am

Gold price scales $2,800 amid US election uncertainty

Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs.

Staff Writer | October 30, 2024 | 1:12 am

Gold demand tops $100 billion as Western investors charge in

Investment flows from the West, including more high-net-worth individuals, helped offset waning appetite from Asia.

Bloomberg News | October 30, 2024 | 1:10 am

BHP has moved on from Anglo American, company chairman says

The world's biggest miner walked away from a $49 billion bid to acquire Anglo in May after it was rebuffed three times.

Reuters | October 29, 2024 | 5:45 pm

First

Last