November 11, 2024

Australian iron ore giants’ shares sink on disappointing China stimulus

Analysts at Citi last week forecast a grim near-term outlook for iron ore prices, expecting iron ore to average $85 per tonne in 2026.

November 11, 2024

Suitors circle American Eagle Gold as South32 takes 19.9% stake

To gain its initial stake in American Eagle, South32 has agreed to pay a 15% premium to the junior’s 5-day volume-weighted average trading price.

November 10, 2024

Iron ore price drops back to $100 as China’s latest fix disappoints

Futures declined as much as 2% in Singapore after slumping on Friday, when the Chinese government unveiled a debt-swap plan.

November 9, 2024

Barrick falls behind rivals as No. 2 miner misses boost from bullion boom

Missed production targets, higher operational costs and political turbulence at mines in Africa and Asia have investors turning increasingly sour on the world’s second-biggest gold producer.

November 8, 2024

Oil in the era of Trump … what could it mean?

Trump is back, and the threat of tariffs looms large over China’s economy.

November 8, 2024

Big US stocks’ Q3 2024 fundamentals

The big US stocks dominating markets and investors’ portfolios just finished another earnings season.

November 8, 2024

Gold price heads for weekly drop as traders weigh Trump, Fed outlook

Bullion declined by as much as 1% Friday, on track for its biggest weekly fall since May.

November 8, 2024

World’s top energy trader Vitol eyes metals as oil demand set to peak

CEO Hardy points to iron ore, copper, and aluminum as potential markets.

November 8, 2024

VIDEO: Trump re-election to bring commodity volatility in coming months

As Trump’s policies take shape, miners face uncertainties that could reshape the global commodity landscape, says CRU analyst Alex Tuckett.

November 7, 2024

MP Materials posts smaller-than-expected loss on higher output, sales

The company sold 9,729 metric tons of that concentrate during the quarter, 6% higher than the year-ago period.