A year ago, you couldn’t get Wall Street to touch most gold miners’ stocks. Today, it’s throwing billions at the industry.
Precious-metals miners once seen as too leveraged and high-risk for the typical investor raised $2.4-billion in secondary equity…
Wall Street is throwing billions at once-shunned gold miners Read More »
Chevron Corp. agreed to buy Noble Energy for about $5-billion in shares as the oil giant looks to beef up in the Permian Basin amid the wreckage of the worst-ever crude crash.
The takeover is the industry’s first major deal since the coronavirus trigg…
Chevron to buy Noble for $5bn in rare oil-bust deal Read More »
Silver futures are latching on to gold’s rally, climbing above $20/oz to the highest since 2016 on rising haven demand and concerns about supply of the white metal.
Gold and silver have surged this year as the coronavirus pandemic roiled the global ec…
Silver futures step out of gold’s shadow in surge to three-year high Read More »
The Mt Arthur coal mine in Australia is one of the world’s best. It’s got plenty of reserves and the low-cost supplies produced there are easily shipped to Southeast Asia, where there’s insatiable appetite for the fuel.
Yet owner BHP Group has a probl…
Stuck with coal pits the world needs, but few want Read More »
Rio Tinto Group is making progress on the development of Guinea’s giant Simandou iron-ore deposit, bringing a potential overhaul of global supply of the steel-making material closer into view.
Firing up production from the small West African nation wo…
Iron-ore’s African future is slowly advancing, Rio Tinto says Read More »
Bullish factors building in the bullion market are set to see prices take out the record set in 2011, according to Citigroup.
Prices are benefiting from loose monetary policy, low real yields, record inflows into exchange-traded funds and increased as…
Citi says it’s ‘only a matter of time’ before gold hits a record Read More »
BHP Group has rejected early offers for its Australian thermal coal business that missed the miner’s own valuation as the year-long hunt for a buyer continues, according to people familiar with the matter.
Yancoal Australia and Adani Group’s Australia…
BHP is said to rebuff early bids under plan to quit thermal coal Read More »
An uneven global recovery from the coronavirus pandemic and concern over the prospects for second waves of infections are weighing on the outlook across commodities markets, according to Rio Tinto Group.
While demand is strong in China, the top raw ma…
Rio says threat of virus second wave is roiling raw materials Read More »
Canada said the US should be patient about determining whether to reimpose aluminum tariffs on imports, but says the country will retaliate if the US pulls the trigger.
At the heart of the tariff debate is the question of whether Canadian raw-aluminum…
Canada Ambassador asks for ‘patience’ in aluminium spat with US Read More »
As demand for gold as a safe haven surged during the coronavirus pandemic, concerns about sourcing the precious metal responsibly have again been thrust into the spotlight. A report from Global Witness alleging one of the world’s biggest gold refiners …
Conflict gold back in spotlight as investors flock to safe haven Read More »
