Gold stocks surge back

The grim view for 2022 follows a stellar year for the industry, with the largest US steelmakers expected to post record full-year earnings.

Gold has been performing quite nicely in January.

Tianqi Lithium applied for a Hong Kong listing in 2018, but the plan was shelved amid falling lithium prices and a cash squeeze.

Worries about availability come from inventories in LME registered warehouses which at 94,830 tonnes have dropped 65% since April last year.

Out of the 1,502 M&A deals that were announced in the sector during 2021, BMO Capital Markets advised on 19 with a total value of $20.5 billion.

Kumtor is said to be tax compliant under Kyrgyz law for the first time.

China stepped up its monetary easing efforts to prop up a slowing economy this week by lowering a set of key policy rates and lending benchmarks.

The nickel market had reached its tightest since 2007 earlier this week after a plunge in exchange stockpiles.

Benchmark tin prices on the London Metal Exchange have hit record highs this week.