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.
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Visit: 73
Rio Tinto reports 12% profit drop but returns more cash to investors
Rio Tinto reported a 12% fall in annual underlying earnings on Wednesday, in line with forecasts, but paid a better-than-expected final dividend as it said inflation pressures were starting to recede.
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Visit: 95
Base metals drop as investors weigh Fed path, China consumption
Base metals declined after the Federal Reserve pushed back on interest-rate cut expectations and as investors weighed the demand outlook in top consumer China before the Lunar New Year holiday this month.
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Visit: 118
Investors with $11 trillion back plan to reform mining industry
Mining News Pro - Some of the world’s biggest investors are throwing their weight behind a plan to reform the mining industry so it can safely meet the growing demand for minerals and metals needed for the green transition.
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Visit: 154
Suriname seeks to attract investors to develop bauxite in country’s west
Mining News Pro - Suriname’s government has launched a process to attract potential investors to develop bauxite projects in the so-called Bakhuis area in the west of the country, it said in a statement on Saturday.
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Visit: 172
Australia boosts critical minerals fund by over $1 billion to attract international investors
Mining News Pro - The Australian government will double the amount of money on offer to support critical minerals projects, aiming to attract American miners and processing companies to establish operations in Australia.
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Visit: 116
Iron ore billionaire’s lithium raid leaves investors guessing
Mining News Pro - Gina Rinehart, Australia’s richest woman, has muscled in on one of the largest battery-metals deals to date, building a near-17% stake in Liontown Resources Ltd. and threatening its A$6.6 billion ($4.2 billion) takeover by US giant Albemarle Corp.
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Visit: 165
Investors glimpse opportunity in Europe’s unloved mining shares
Mining News Pro - Investors are finally seeing potential in European mining shares, as China’s step-by-step economic stimulus is steadily laying the foundations for a recovery of the unloved sector.
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Visit: 188
Investors say they’ll stick with gold as Fed cycle nears end
Mining News Pro - Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect to maintain or raise their exposure to the precious metal in the coming 12 months.
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Visit: 251
Debt ceiling negotiations have investors eyeing gold if US defaults
Mining News Pro - The risk of a US debt default is greater than it’s ever been, threatening to tip global markets into a brand-new world of pain. For investors, there are few places to hide other than the oldest hedge in the book: gold.
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Visit: 125
Investors irked by Glencore’s stance on thermal coal AGM vote
Mining News Pro - Investors pushing for more transparency on miner Glencore’s thermal coal production said its decision not to support a shareholder resolution on the topic showed a “fundamental lack of willingness to engage”.
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Visit: 836
Brazilian iron ore state wants to lure lithium investors
Mining News Pro - The Brazilian state with some of the world’s biggest iron ore mines wants to attract investors to its lithium deposits in a bid to feed growing demand for the key material in electric-vehicle batteries.
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Visit: 183
Brazilian iron ore state wants to lure lithium investors
Mining News Pro - The Brazilian state with some of the world’s biggest iron ore mines wants to attract investors to its lithium deposits in a bid to feed growing demand for the key material in electric-vehicle batteries.
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Visit: 191
Philippines to woo investors in nickel ore processing
Mining News Pro - The Philippines is working to woo investment into its domestic nickel processing sector, the environment minister said on Thursday, as the resource-rich country looks to squeeze value out of its metals and minerals industry.
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Visit: 132
Panama says First Quantum misleading investors
Mining News Pro - The government of Panama expressed its discontent on Wednesday with the latest investor update given by First Quantum Minerals (TSX: FM) about the Cobre Panama contract negotiations, saying it contained several inaccuracies that could misguide investors.
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Visit: 166
Gold price eases from 8-month peak as investors await inflation data
Mining News Pro - Gold halted its latest rally on Wednesday as investors positioned themselves ahead of new US inflation data that could hint at the Federal Reserve’s policy path, with expectations mounting that slower rate hikes are on the horizon.
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Visit: 165
Top 50 mining companies in 2022: coal, lithium win big, China investors lose out
Mining News Pro - Vale, the world’s second largest iron ore miner and top nickel producer, has shortlisted suitors for 10% of its base metals business estimated to be worth nearly $2.5 billion.
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Visit: 300
Lithium explorer Wealth Minerals targets European investors
Mining News Pro - Wealth Minerals Ltd. is betting that its plan to use a more sustainable lithium mining method will lure European buyers of the mineral used in electric vehicle batteries and solar panels.
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Visit: 226
Canadian lithium juniors assess legal options after Chinese investors ordered to divest
Mining News Pro - The third Chinese company ordered to divest its equity stakes in Canadian companies is Chengze Lithium International Ltd., which has investments in Lithium Chile Inc.(TSX-V: LITH), headquartered in Calgary.
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Visit: 351
Gold Fields sees progress in winning investors over to Yamana deal
Mining News Pro - Gold Fields is making “encouraging progress” in winning shareholders over to its $6.7 billion all-share purchase of Canada’s Yamana Gold, CEO Chris Griffith said on Thursday.
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Visit: 674
US renewables investors see Senate bill sparking a gold rush
Mining News Pro - For the first time, investors seeking to pour cash into US clean energy projects can count on at least a decade of generous federal subsidies, offering them long-sought confidence in the staying power of the world’s third biggest renewables market.
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Visit: 520
Gold investors face bind over bars from tarnished Russia
Mining News Pro - Some investors want Russian gold off their books but it’s not that easy to remove.
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Visit: 566
Gold price gains as investors weigh growth concerns; palladium price jumps
Mining News Pro - Gold held onto gains and headed for its first weekly advance since early June as investors weighed renewed concerns over economic growth.
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Visit: 500
Uranium investors await price rally to revive Namibia projects
Mining News Pro - Namibia’s finance minister said uranium miners are waiting for prices to recover before reviving projects in Africa’s biggest producer of the ore, which is needed for nuclear power in a world shifting away from fossil fuels.
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Visit: 750
Chinese, Australian investors battle for largest lithium deposit
Mining News Pro - Australia’s AVZ Minerals Ltd. is battling to retain control of what is potentially the world’s largest untapped lithium deposit amid ownership claims from Chinese investors, according to Boatman Capital.
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Visit: 224