November 29, 2021

Lundin Energy exploring sale of $10 billion Nordic oil producer

The sale could rank as one of the largest European oil and gas deals in years.

November 29, 2021

Copper price rises as markets assess omicron variant impact

The World Health Organisation warned that deciding the severity level of the covid variant could take "days to several weeks".

November 29, 2021

Vale lowers production guidance in boost to iron ore rebound

It now expects to produce 315-320 million tonnes this year, compared with previous guidance of 315-335 million tonnes.

November 29, 2021

Iron ore price back above $100 despite omicron variant fears

CITIC said that commodity prices could be pressured by the pandemic situation in the short term but would be supported by easing property policy in China in the long run.

November 29, 2021

Gold price eases off as markets weigh omicron impact

Until we get more news about the Omicron and its potential, the market will continue to trade with uncertainty, one analyst said.

November 29, 2021

Implats acquires 24% of Royal Bafokeng, offers to buy out remaining shares

The platinum group metals miner wants to buy shares it doesn't already own in Royal Bafokeng in a 150 rand cash-and-stock deal.

November 28, 2021

China’s coal prices plunge after govt signals more price regulation

Some coal miners at top mining regions have caped prices at 900 yuan a tonne.

November 26, 2021

The slump in the best indicator of China’s commodity trade is all about iron ore

The Baltic Dry Index suggests that the metal price will consistently trend downwards in the coming months.

November 26, 2021

White Gold stock surges as Agnico ups stake in private placement

Agnico has indicated that it would increase its interest in the company to 19.9% under the latest private placement.

November 26, 2021

Copper price sinks as new covid variant spooks markets

A new and possibly vaccine-resistant coronavirus variant found in South Africa shook market sentiment.