Markets Top Stories

Industrial metals slump as sentiment on China demand worsens

Prices have faded as government briefings on the Chinese economic policy fell short of expectations.

Bloomberg News | October 17, 2024 | 7:45 am

Itochu’s deal to buy stake in Brazil’s CSN Mineracao implies 26% premium

CSN announced the deal to sell up to 11% of…

Reuters | October 17, 2024 | 7:38 am

Saudi’s Manara in advanced talks to buy stake in First Quantum’s Zambian mines

Manara, a JV between Ma'aden and its $925 billion public…

Reuters | October 17, 2024 | 3:00 am

Blue Moon shareholder battle spotlights shades of grey in junior market

Lack of transparency and lost capital are a lesson for…

Colin McClelland - The Northern Miner | October 16, 2024 | 3:40 pm

World’s top two iron ore miners raise output even as China slows

Rio’s third-quarter output edged up about 1% from a year…

Bloomberg News | October 16, 2024 | 10:20 am

Adventus-Silvercorp deal to go ahead following favourable court ruling

In April, Silvercorp agreed to buy Adventus and its 75% interest in the El Domo copper-gold project in Ecuador for $145 million.

Staff Writer | July 31, 2024 | 9:53 am

OceanaGold stock falls on lower Q2 output

Gold production for Q2 2024 came in at 98,200 oz., down almost 25% from the 2023 quarter.

Staff Writer | July 31, 2024 | 8:20 am

Rio Tinto open to major acquisitions to meet copper goals

CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive.

Cecilia Jamasmie | July 31, 2024 | 4:35 am

Gold price gains 1% following rise in Middle East tensions

Spot gold was 0.9% higher at $2,405 per ounce by 2:30 p.m. ET, its biggest intraday gain since July 16.

Staff Writer | July 30, 2024 | 11:48 am

Rich Asian investors are hot on gold, offsetting jewelry slump

In the April to June period, purchases in the difficult-to-track OTC market totaled 329.2 metric tons, WGC says.

Bloomberg News | July 30, 2024 | 10:08 am

SRG Mining completes move to UAE, rebrand to Falcon Energy

The company said this is a move that would provide it with "expanded strategic options" for its Lola graphite project in Guinea.

Staff Writer | July 30, 2024 | 8:57 am

Funds cut copper bets by $20 billion as bull trade unravels

Mounting worries about Chinese demand are helping to spark a rapid exodus from copper.

Bloomberg News | July 30, 2024 | 7:08 am

BHP, Lundin grab Filo in $3bn South American copper deal

BHP and Lundin are creating a 50/50 JV that will own Filo del Sol, spanning the Argentina-Chile border, and the Josemaría copper project.

Cecilia Jamasmie | July 30, 2024 | 3:54 am

Fortescue slumps as Capital Group sells $1.2 billion stake

The trade represents about 100 million shares, representing around 3.2% of securities on issue.

Bloomberg News | July 29, 2024 | 5:18 pm

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