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

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

The meeting to approve Rio Tinto acquiring 49% of shares of Turquoise Hill has now been pushed back to Nov. 15.

Mining stocks in monster rally as copper price surges 8% and gold price climbs nearly $50 an ounce.

A former Chinese disease control official on Friday said that China will soon make substantial changes to its covid-19 policy.

The Saudi government believes it has unused mineral resources worth about $1.3 trillion, with vast quantities of aluminum, phosphate, gold, copper and uranium.