Brazil, China team up to create $1B investment fund
It will invest in sectors such as energy transition, infrastructure, mining, agriculture and artificial intelligence.
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Gold’s dollar risk
With gold deep into extreme-overbought territory, an overdue USDX rally could trigger snowballing long dumping.
China’s bar on BHP iron ore cargoes hammers capesize rates
Dry-bulk shipping rates have tumbled around 25% this week.
G Mining gets Brazilian tax cut for gold mine
Starting this year, the nominal corporate income tax rate applicable to Tocantinzinho will drop to about 15.3% from 34%.
Silver squeeze nears end game, says TD analyst
TD Securities sees the market approaching a tipping point due to the depletion of inventory in London.
Anglo American takes Peabody to arbitration over failed $3.8B deal
Peabody withdrew a multi-billion dollar bid for Anglo American's coking coal assets after failing to agree on a lower price post mine fire.
Copper price records biggest weekly gain in a year
Three-month futures are up about 4% for the week, trading near $10,600 a ton on the London Metal Exchange.
Skeena raises $90M for Eskay Creek, warns of permitting delays
This offering, together with the company’s other sources of funding, should ensure sufficient liquidity to complete permitting.
USA Rare Earth surges on report of talks with Trump administration
CEO Barbara Humpton told CNBC that the miner is “in close communication” with the White House.
