September 26, 2023

Short sellers mount attack on ESG stocks bloated from green hype

Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus.

September 26, 2023

K92 extends Trafigura partnership with $100 million loan, longer offtake

The company expects first drawdown to occur in early to mid-Q4 2023.

September 26, 2023

China scoops up cheap Indian iron ore in bid to trim steel costs

Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits.

September 25, 2023

New Pacific Metals raising $26 million to advance Bolivia projects

Both Silvercorp Metals and Pan American Silver, current shareholders of the company, have expressed their desire to participate in the offering.

September 25, 2023

Iron ore price at 2-week low on possible steel output curbs

"It becomes increasingly clear that demand has hit the ceiling amid weaker-than-expected steel sales for September and October," one analyst says.

September 25, 2023

Sprott announces closing of largest resource fund to date

With the close of Fund III, total assets under management of Sprott Resource Lending Corp. stands at $1.5 billion.

September 25, 2023

Bonterra shares surge following agreement with Osisko for development of Quebec properties

The properties encompass 496 claims, spanning over 22,508 hectares.

September 25, 2023

Gold, miners weather Fed

Fed hawkishness has been the rankling thorn in gold’s side for 18 months now.

September 25, 2023

Gold price subdued by Fed’s higher-for-longer interest rate stance

One analyst forecasts gold prices to trade between $1,910 and $1,950 for the rest of this quarter.

September 25, 2023

Graphic: Prices tumble for cobalt used for electric vehicle batteries

Prices have plummeted due to an upsurge of supplies from Congo.