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.

October 25, 2024

Gold stocks’ secular breakout

This huge technical milestone fueled by record gold levels reflects sector sentiment growing more bullish.

October 25, 2024

Agnico Eagle takes up 13% stake in Chilean explorer ATEX Resources

The Agnico investment will support ATEX's exploration activities at the Valeriano project.

October 25, 2024

China will hit peak copper around 2030, industry group says

China’s demand growth in the five years up to 2030 will average 1.1%, down from 3.9% in the five years to 2025, Antaike analyst says.

October 25, 2024

Thungela CEO sees world shunning new coal as boon for existing mines

New coal investment may be drying up, but for miners like Thungela that could be a boon if Asia's ravenous appetite keeps prices bouyant.

October 24, 2024

Gold miners crippled by costs risk losing out on bullion’s boom

Analysts had high hopes for the industry, with gold among the best-performing commodities this year, surging more than 30% on the outlook for lower interest rates and geopolitical turmoil.