April 5, 2023

Gold price has record high in sight after US data disappointment

The precious metal is now roughly $50 away from trading at an all-time high.

April 4, 2023

CHARTS: There is a chasm between gold price and gold mining stock valuations

Gold mining stock prices have to double to get back to 30-year average relative to the gold price and the S&P 500.

April 4, 2023

Iron ore price expected to ease over next 5 years on slower demand growth and more supply

In the long term, Fitch expects prices to decline to $50 a tonne.

April 4, 2023

Harita Nickel sets IPO price at $670 million

The pricing was set at the higher end of the initial indicative offering range.

April 4, 2023

NGEx shares shoot up 23% on new copper-gold discovery in Argentina

CEO Wojtek Wodzicki said the grades are some of the best he has seen in his career.

April 4, 2023

Shanghai Futures Exchange lowers margin requirements for metals trading

Margin requirements for copper and aluminum will be lowered from 12% to 9%.

April 4, 2023

Teck said to be open to offers once coal spinoff is complete

Canada’s largest diversified miner has rejected an unsolicited acquisition proposal from Glencore Plc.

April 3, 2023

Glencore’s bid for Teck shows it’s willing to abandon coal

The Teck proposal “shows that Glencore do see merit in spinning off coal, which they’ve never said before,” a portfolio manager said.

April 3, 2023

Wyloo says offer for Mincor is ‘best and final’ after nickel miner withdraws guidance

Wyloo has determined that the current offer price of $1.40 per share will not be increased, in the absence of a competing proposal.

April 3, 2023

Gold price rallies as OPEC+ supply cut fuels more uncertainty

The shock decision by OPEC+ is "really driving that inflation hedge trade for gold," analyst says.