Gold prices rise to one-month high after US jobs report Bullion is up more than 2% for the week so far. Reuters | July 5, 2024 | 9:51 am
Panic short-covering ignites Comex copper as shipments fail to arrive August futures on Comex on Friday climbed to a five-week high of $4.6965 a pound or $10,354 a metric ton. Reuters | July 5, 2024 | 9:31 am
Teck jumps on buyback, debt plan after coal sale to Glencore The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders. Bloomberg News | July 5, 2024 | 9:26 am
Skeena Resources wins appeal over Eskay Creek tailings storage facility The miner has successfully appealed a prior decision regarding ownership of waste rock and tailings from the British Columbia mine. Staff Writer | July 5, 2024 | 9:06 am
Copper price surpasses $10,000, expected to rise further, says Citigroup Longer term, the metal has a chance to reach $12,000 due to the onset of rate cuts. Staff Writer | July 5, 2024 | 8:27 am
Amman Mineral seeks up to $1.5 billion loan for mine expansion The company currently owns Indonesia's second-largest copper and gold mine. Bloomberg News | July 5, 2024 | 7:56 am
Key China copper premium climbs above zero as orders pick up Copper’s surge to a record on wave of speculative money has run out of steam in recent months. Bloomberg News | July 5, 2024 | 7:30 am
Iron ore price slumps from one-month high as demand concerns persist Although all major Chinese cities have rolled out measures to tackle a prolonged housing crisis, concerns remain about a sustainable recovery. Bloomberg News | July 5, 2024 | 7:23 am
Australian coal stocks rally on Anglo American mine explosion Australian coal stocks are headed for their best week in years. Bloomberg News | July 5, 2024 | 7:15 am
