April 24, 2024

BlackRock says $12,000 copper is needed to incentivize new mines

BlackRock has been among the most bullish voices in the copper market for years.

April 24, 2024

Gold Royalty, Taurus Mining Royalty enter three-year co-investment partnership

Each party will have the right to invest between 25% and 50% in select asset transactions with a value of $30 million or more.

April 24, 2024

Equinox buys out Orion for nearly $1bn as it readies Greenstone for first gold

Equinox bought Premier Gold for the project, located 275 km northeast of Thunder Bay.

April 24, 2024

Iron ore price rebounds to 6-week high on renewed China demand hopes, lower shipments

Iron ore fundamentals have improved and the valuation of the ferrous market is expected to rise, analysts at Galaxy Futures said in a note.

April 24, 2024

China coal prices have bottomed, will surpass 2023 highs, industry group says

Demand for the fuel has been hit by a slowdown in the cement industry.

April 24, 2024

Dalian Commodity Exchange adjusts trading limits after iron ore price rally

The statement came after iron ore futures prices rose by more than 3% in day trading.

April 24, 2024

China’s silico-manganese futures near 7-month high after South32 export suspension

South32 said on Monday it would take about a year to restart manganese ore exports from Australia.

April 24, 2024

China copper gauge at zero offers stark warning to metals bulls

Premiums paid on imported refined copper extended a months-long decline to reach zero for the first time in Shanghai going back to 2017.

April 24, 2024

World’s biggest energy traders are returning to metals markets

Vitol, Gunvor and Mercuria Energy are among the traders building out their metals teams, as they look to deploy capital generated by record profits.

April 24, 2024

OceanaGold prices $106 million IPO of Philippine unit

OceanaGold plans to sell up to 456 million common shares or a 20% stake in OceanaGold Philippines.