October 28, 2024

Nornickel raises 2024 production guidance for all metals

The Russian company increased nine-month copper and palladium output year on year while platinum and nickel were unchanged. 

October 28, 2024

Dalian iron ore price hits more than one-week high on renewed China stimulus hopes

Markets are now pricing in expectations of fiscal stimulus from China's upcoming legislative meeting.

October 28, 2024

Korea Zinc attempts to fend off takeover with $1.5 billion share buyback

Korea Zinc announced Monday it has secured a 9.85% stake in the company via a tender offer that expired last week.

October 27, 2024

Australia’s IGO swings to a loss on lithium downturn

The bottom line was affected by a 45% drop in IGO's share of net profit from its 49% stake in Tianqi Lithium Energy Australia.

October 25, 2024

Li-FT secures mystery lithium investor

Li-FT Power has Canada’s third-largest hard rock lithium resource.

October 25, 2024

El-Erian says soaring gold is driven by dollar diversification

While the move has been slow, “the bad news is the momentum is building up,” says Mohamed El-Erian, president of Queens’ College, Cambridge.

October 25, 2024

Whitehaven Coal jumps on price outlook, output beat

A shortfall in global coal production with long-term output constraints and higher sea-borne demand from India is expected to lift prices, the miner said.

October 25, 2024

Sanctions delay to Russian zinc mine causes supply miscalculation

Western sanctions on Russia's zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output.

October 25, 2024

BofA’s Hartnett says bets on gold are rising before US election

The precious metal hit a record high on Wednesday and gold funds recorded their biggest weekly inflow since July 2020.

October 25, 2024

Coal billionaire Tykac eyes growth in bet against ESG uptake

Pavel Tykac’s Sev.en Group has taken advantage of cheap valuations to buy up coal power stations and mines in the US, Australia and Vietnam.