December 19, 2022

Toronto hedge fund surges 39% on lithium bets

The Vivid Energy Fund is short companies that focus on direct lithium extraction, such as Vancouver-based Standard Lithium.

December 19, 2022

Perpetua awarded up to $24.8m under US Defense Production Act; stock jumps

The DPA funding allows the company to advance the construction readiness of the Stibnite project while the company continues through the ongoing permitting process.

December 19, 2022

Iron ore price retreats on surging China covid cases

China is in the first of an expected three waves of covid cases this winter.

December 19, 2022

Bumper green aluminum output is good news for carmakers, and climate

Global supplies of low-carbon aluminum have been robust for several years but dipped in 2022.

December 19, 2022

Trevali sells stake in Namibia’s Rosh Pinah mine to Appian

The embattled Canadian miner is also trying to sell its Caribou zinc mine, in the home country, as part of a court-sanctioned sales process.

December 16, 2022

Indonesian miner is world’s biggest stock winner of 2022

PT Adaro Minerals Indonesia is proving to be the world’s best performer with a whopping 1,595% rally.

December 16, 2022

Gold price defies hawkish Fed

Gold defied another hawkish Fed decision this week, consolidating high in its immediate wake.

December 16, 2022

Hedge funds say they lost $95 million in LME nickel crisis

A group of hedge funds led by AQR Capital Management on Friday applied to force LME to hand over information relating to two key phone calls.

December 16, 2022

Gold price facing worst week in a month after Fed’s hawkish signal

Despite a slight gain on Friday, gold remains on course for its biggest weekly decline since mid-November.

December 16, 2022

Rio Tinto secures direct control of Oyu Tolgoi mine

Rio Tinto now has a 66% direct ownership over the world’s largest known copper and gold deposit, located in Mongolia.