Value of top 50 mining companies jumps to second highest on record

World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost.

Frik Els | October 14, 2024 | 3:10 am

Inside China’s bid to build sway over global metals pricing

China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract foreign firms to trade on Shanghai's futures exchange.

Reuters | October 14, 2024 | 12:25 am

Aluminum prices surge amid Guinea bauxite export suspension

Emirates Global Aluminium announced a suspension of bauxite exports from its Guinea Alumina Corporation subsidiary.

Staff Writer | October 11, 2024 | 10:01 am

Copper prices to hit record high in Q4 2024 on Fed cuts and China stimulus – Fastmarkets

Analysts expect prices around $10,265 per tonne in the last quarter of the year.

Staff Writer | October 11, 2024 | 9:45 am

Iron ore price recovers but posts weekly loss as Beijing stimulus uncertainty weighs

China's finance ministry is scheduled to hold a news conference on fiscal policy on Saturday.

Reuters | October 11, 2024 | 7:42 am

Teck CEO says Canada must spend more to erode China’s critical minerals dominance

Price noted that Canada has committed $4 billion over eight years to support critical mineral development, compared to $20 billion that China invested in 2023.

Bloomberg News | October 10, 2024 | 11:45 am

Copper price rises before keenly anticipated policy briefing from China

China's Finance Minister is set to speak on Saturday at an event seen as key to assessing the China's commitment to further capital spending.

Staff Writer | October 10, 2024 | 7:56 am

China’s top miner to spend $24 billion on coal-to-oil project

The facility in Hami city is just the latest in a series of coal-to-oil developments greenlit in recent years in the mining hubs of Xinjiang, Shaanxi, Ningxia and Inner Mongolia.

Bloomberg News | October 10, 2024 | 2:23 am

Dalian iron ore rebounds on fresh China stimulus hopes, seasonal steel demand

Dalian iron ore futures prices rebounded on Thursday, buoyed by hopes of more fiscal stimulus from top consumer China and firmer seasonal demand for steel products.

Reuters | October 9, 2024 | 10:58 pm

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