Chinese investors snap up copper, gold stocks to drive 10% gains
Chinese investors are snapping up stocks tied to high-flying metals from copper to gold, aiding an onshore market facing an uphill battle to cement a nascent rebound.
-
-
Visit: 65
Rare earth prices in China hit 7-week high on post-holiday restocking
Rare earths prices in top producer China jumped to their highest in more than seven weeks on Monday on a wave of post-holiday restocking among buyers, before easing slightly on Tuesday.
-
-
Visit: 56
i-80 Gold stock drops on upsized public offering
i-80 Gold fell by over 11% at market open Tuesday following its announcement of a C$100 million ($74m) public offering of units. The units are priced at C$1.65 each, comprising one share and half of a warrant with an exercise price of C$2.15.
-
-
Visit: 50
Awalé Resources stock soars on 45.7 g/t gold find
Awalé Resources (TSXV: ARIC) stock soared on Monday after the Newmont-backed gold explorer reported outstanding assay results of 45.7 grams per tonne gold over 32 metres from drilling on the Odienné project in Côte d’Ivoire.
-
-
Visit: 56
Alcoa to buy Australian partner Alumina in $2.2bn all-stock deal
Alcoa will buy Alumina in an all-stock deal that values the Australian firm at $2.2 billion, and makes the US company one of the world’s largest producers of alumina and bauxite.
-
-
Visit: 84
Anglo spinoff breeds fish to restock rivers after massive toxic spill
In a South African first, a project funded by one of the country’s biggest coal mining companies has begun repopulating a river system with fish after a catastrophic spill from a disused coal mine.
-
-
Visit: 98
US moves to restore stockpiling ‘panic button’ in EV metals fight with China
Insiders liken it to a “panic button.” And for more than 80 years, the primary job of the National Defense Stockpile has been to keep the US military supplied with essential raw materials and protect against supply shocks.
-
-
Visit: 80
Australian lithium stocks rally on speculation of China mine closure
Australian lithium stocks rallied on Monday on speculation that Chinese battery maker CATL had closed its Jianxiawo mine in China that produces the material used in electric vehicle batteries.
-
-
Visit: 62
Iron ore price slides as rising stocks, weak steel margins blur demand outlook
Iron ore futures prices slipped on Monday, as traders took a cautious stance after rising stocks and weak steel margins counteracted with hopes that demand will pick up in top consumer China following a week-long Lunar New Year holiday break.
-
-
Visit: 63
Uranium stocks extend surge after Kazakh miner cuts output
Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target.
-
-
Visit: 104
Bluestone stock soars on open-pit OK for Guatemalan gold
Shares in Bluestone Resources (TSXV: BSR) doubled after Guatemala approved a plan to change the contentious Cerro Blanco gold project to an open-pit operation from underground as the company considers selling it.
-
-
Visit: 84
AustralianSuper swoops on lithium stocks after price plunge
Australia’s largest pension fund plans to double its exposure to local lithium stocks over the next five years, after a price rout made producers of the key battery material more affordable.
-
-
Visit: 46
Buenaventura stock surges as Antofagasta takes 19% equity position
Mining News Pro - Buenaventura saw its shares surge in New York after the Peruvian miner disclosed that Chilean multinational Antofagasta plc has acquired an approximate 19% equity stake in the company.
-
-
Visit: 76
Toronto Stock Exchange has 1 IPO this year in historic dry spell
Mining News Pro - Canada’s largest stock exchange is in the midst of a historic dry spell for initial public offerings and it’s unlikely to improve anytime soon.
-
-
Visit: 152
Alaska Energy Metals stock rises on drill results at Nikolai nickel project
Mining News Pro - Alaska Energy Metals’ stock rose on Monday after releasing results for two additional diamond drill holes from its 2023 exploration program at its 100% owned Nikolai nickel project.
-
-
Visit: 170
Hedge funds pile into uranium stocks set for ‘dramatic’ rise
Mining News Pro - Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains.
-
-
Visit: 190
China’s exports of refined lead feed LME stocks rebuild
Mining News Pro - China’s exports of refined lead hit a 15-month high in September with year-to-date shipments already exceeding last year’s total.
-
-
Visit: 186
Teck stock drops to seven-month low on rising cost of flagship copper mine
Mining News Pro - Teck Resources shares plunged to their lowest point in seven months after the Canadian miner raised the cost of its flagship copper mine in Chile once again.
-
-
Visit: 110
LME copper stockpiles rebound to highest in nearly two years
Mining News Pro - Copper inventories on the London Metal Exchange reached the highest level in nearly two years, continuing a rebound that’s taking the strain off buyers after years of chronic supply constraints.
-
-
Visit: 116
Fertilizer stocks jump with Israel conflict stoking supply concerns
Mining News Pro - Fertilizer makers jumped after Hamas’ surprise attack on Israel raised concerns over how the conflict could impact global supplies of nutrients used to grow crucial food crops.
-
-
Visit: 145
High tin stocks reflect weak consumer electronics sector
Mining News Pro - London Metal Exchange (LME) stocks of tin have grown steadily over the summer months and have reached levels last seen in April 2020.
-
-
Visit: 160
LME copper stocks rise to two-year high as demand falters
Mining News Pro - Copper stockpiles immediately available to withdraw from the world’s top metals bourse hit the highest in almost two years, adding to evidence of flagging demand.
-
-
Visit: 201
E3 Lithium stock hits 2.5-year high as it advances production testing in Alberta
Mining News Pro - Shares of E3 Lithium rose to a 52-week high on Wednesday as the company inched closer towards completing its production testing process for battery-grade lithium material.
-
-
Visit: 173
Lithium craze sparks 1,100% stock gains as well as deep losses
Mining News Pro - Investors who bought Australian lithium stocks at the start of the year could have doubled their money or lost more than half of it — reflecting the extreme volatility of companies mining one of the world’s hottest commodities.
-
-
Visit: 135
Glencore stockpiled cobalt in first half to support prices
Mining News Pro - Glencore stockpiled cobalt in the first half of the year, cutting supplies to the market to support prices of the electric vehicle battery material, the London-listed miner’s CEO Gary Nagle said on Tuesday.
-
-
Visit: 145