MMG plans to raise $1.16bn to repay debt, fund mine development

The Chinese gold miner last week increased its offer to A$0.68 per share from A$0.58.

Several prominent figures in the global gold market are coming to the conclusion that the major new driving force is a legion of fleet-footed retail investors on the Shanghai Futures Exchange.

By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.

Fabricators have struggled to pass on higher costs to their customers, forcing them to rein in purchases since March, one copper trader said.

Steel consumption was suppressed in the short term due to rainy weather in southern regions of China.

Russian exports plunged 22% in the first quarter after Beijing imposed a tax regime that favors some of Russia’s rivals.

Sandvik, which already owns a 12.4% stake, said it will through the deal raise its stake to 72.4%.

Norwegian risk assessment firm DNV said China's coal consumption will see a "minor uptick" in the next two years.

In under a decade, Nickel Industries Ltd. has gone from a relatively small miner to the world’s sixth-biggest producer of the metal.