Private equity deals in mining sector tumble by half in 2024 — reportTotal transaction value as of Sept. 30 was $4.76 billion, down more than 50% compared to the $10.52 billion registered in the full year 2023.Staff Writer | October 29, 2024 | 1:02 pm
India’s festive gold buying spree continues, defying record priceIndian buyers of gold brushed off record high prices and…Reuters | October 29, 2024 | 7:54 am
Australia risks losing its iron ore dominance, Fortescue CEO saysAustralia is the world's biggest supplier of seaborne iron ore,…Reuters | October 28, 2024 | 5:54 pm
Dalian iron ore price hits more than one-week high on renewed China stimulus hopes Markets are now pricing in expectations of fiscal stimulus from China's upcoming legislative meeting. Reuters | October 28, 2024 | 3:03 am
Korea Zinc attempts to fend off takeover with $1.5 billion share buyback Korea Zinc announced Monday it has secured a 9.85% stake in the company via a tender offer that expired last week. Reuters | October 28, 2024 | 1:48 am
Australia’s IGO swings to a loss on lithium downturn The bottom line was affected by a 45% drop in IGO's share of net profit from its 49% stake in Tianqi Lithium Energy Australia. Reuters | October 27, 2024 | 4:40 pm
Li-FT secures mystery lithium investor Li-FT Power has Canada’s third-largest hard rock lithium resource. Colin McClelland - The Northern Miner | October 25, 2024 | 12:08 pm
El-Erian says soaring gold is driven by dollar diversification While the move has been slow, “the bad news is the momentum is building up,” says Mohamed El-Erian, president of Queens’ College, Cambridge. Bloomberg News | October 25, 2024 | 11:14 am
Whitehaven Coal jumps on price outlook, output beat A shortfall in global coal production with long-term output constraints and higher sea-borne demand from India is expected to lift prices, the miner said. Reuters | October 25, 2024 | 10:15 am
Sanctions delay to Russian zinc mine causes supply miscalculation Western sanctions on Russia's zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output. Reuters | October 25, 2024 | 10:10 am
BofA’s Hartnett says bets on gold are rising before US election The precious metal hit a record high on Wednesday and gold funds recorded their biggest weekly inflow since July 2020. Bloomberg News | October 25, 2024 | 9:39 am
Coal billionaire Tykac eyes growth in bet against ESG uptake Pavel Tykac’s Sev.en Group has taken advantage of cheap valuations to buy up coal power stations and mines in the US, Australia and Vietnam. Bloomberg News | October 25, 2024 | 9:20 am