Soaring prices have Australian gold bugs expecting M&A splurge Major Australian companies including Northern Star Resources and Ramelius are reporting stronger cash flows this year. Bloomberg News | August 6, 2024 | 5:52 pm
First Quantum to trim work hours at stalled Panama copper mine The decision may put some pressure on the new administration of President Jose Raul Mulino. Bloomberg News | August 6, 2024 | 3:45 pm
Canada hits surprise trade surplus on energy, gold exports Strong international appetites for gold also pushed up Canadian exports, with metals and non-metallic mineral deliveries up 11.8% in June. Bloomberg News | August 6, 2024 | 3:40 pm
Arcadium Lithium pauses expansion plans on prices, supply glut The company posted second-quarter net income of $85.7 million. Bloomberg News | August 6, 2024 | 1:29 pm
Gold price sinks lower after sharp selloff as equity markets stabilize Gold continued its march lower on Tuesday, while global equity markets steadied after the previous day’s rout. Bloomberg News | August 6, 2024 | 12:04 pm
Caterpillar says 2024 profits will be higher than expected Caterpillar, one of the world’s biggest producers of heavy machinery, is seen as a bellwether for industrial activity as a key supplier to industries. Bloomberg News | August 6, 2024 | 9:06 am
Copper price hovers above 4-month low struck during global rout Zinc also extended losses while aluminum ticked up. Bloomberg News | August 6, 2024 | 7:18 am
Eramet seeks more nickel mines in Indonesia The company wants to mine the battery metal on the island of Sulawesi, according to local newspaper. Bloomberg News | August 6, 2024 | 7:10 am
Commodities face contagion as global market meltdown deepens For commodities linked to industrial cycles, such as copper, a hard-landing scenario would put fresh pressure on bulls. Bloomberg News | August 5, 2024 | 3:58 pm
Endeavour’s ex-CEO paid miner $1.35 million settlement after firing The London-listed company removed Sebastien de Montessus in January amid a probe into an “irregular” payment. Bloomberg News | August 5, 2024 | 11:26 am
Vedanta plans debt refinance to cut funding costs after upgrade The miner is in talks with banks to gauge investor appetite for refinancing a large part of $3 billion of bonds maturing between 2026 and 2028. Bloomberg News | August 5, 2024 | 8:09 am
Uranium miners say Australia to miss out on nuclear boom Uranium explorers are calling on Australian state governments to lift bans on mining the fuel. Bloomberg News | August 5, 2024 | 8:05 am
