Metals & Mining news

Barrick Mining reaches agreement with Mali unions, planned strikes off - Bloomberg

Lundin Gold hits record 1035g in Ecuador

“Ongoing drilling at Bonza Sur continues to support a revised geological interpretation focused on higher-grade mineralization,” analysts says.

BHP’s Escondida restart eases tight copper market

The mine halt, low Chinese inventories and an approaching holiday pause had left the copper market with little room for supply disruptions.

Rio Tinto to expand metals trading beyond own output

Mining giant targets third-party deals and derivatives as CEO Simon Trott seeks more value from its global asset base.

Glencore sets Oct. 14 date for Australian market debut

It aims to leverage Australia's A$4.4 trillion pension market for copper expansion and acquisitions.

BHP halts operations at Escondida following fatal accident

Chile’s Sernageomin confirmed the fatal accident, and deployed a regional team to investigate.

BHP’s Escondida copper mine in Chile reports fatal accident

Glencore halts Cerrejón coal railway after attack

Explosives damaged a company train in northern Colombia, marking the sixth attack on Cerrejón infrastructure this year.

Glencore to help build US minerals stockpile with $500M EXIM financing

The miner and commodities trader will source and deliver materials for a US stockpile designed to shield manufacturers from shortages.

Nth Cycle signs 10-year, $1 billion offtake deal with Glencore

The partnership is centered on project SHIELD, Nth Cycle’s planned battery materials refining facility in South Carolina.

Barrick, Equinox among TD Cowen’s best stock picks

Existing valuation gaps, improving production and future growth projects represent key drivers for the Canadian miners.

Exclusive-Nth Cycle inks $1 billion minerals offtake with Glencore ahead of public listing

Notable ETF Outflow Detected - GDX, NEM, AEM, B

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the VanEck Gold Miners ETF (Symbol: GDX) where we have detected an approximate $288.0 million dollar outflow…

Lundin Gold tax claim puts Ecuador mining rules under scrutiny

A $154M dispute at Fruta del Norte is fuelling calls for an independent review of how Ecuador calculates state benefits.

Agnico Eagle has no plans to join Barrick’s IPO

Agnico CEO Ammar Al-Joundi says its own growth strategy leaves little reason to invest in Barrick’s planned gold spinoff.

Agnico Eagle says it is not interested in participating in Barrick’s North American IPO

Glencore, Mercuria compete for Venezuela aluminum smelter deal

Trading giants are said to be exploring a deal that could revive Venalum after years of power shortages and underinvestment.

Mercuria and Glencore vie for Venezuela aluminum smelter deal - Bloomberg

Aurukun Deal Gives Rio Tinto (RIO) More Bauxite Upside, But Risks Remain

Mining stocks rally comes to abrupt halt as copper, silver prices plummet and gold slides

Freeport-McMoRan and Teck Resources led copper producers down 7% after a report that the White House has yet to decide on refined copper tariffs, and Freeport's $100 billion valuation is back in play.

Alcoa says U.S. aluminum premium to stay high despite tariff cut

Noteworthy Thursday Option Activity: APP, OXY, FCX

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Applovin Corp (Symbol: APP), where a total of 26,694 contracts have traded so far, representing approximately 2.7 million underlying…

Thursday Sector Laggards: Metals & Mining, Precious Metals

In trading on Thursday, metals & mining shares were relative laggards, down on the day by about 3.3%. Helping drag down the group were shares of Ero Copper, off about 7.7% and shares of Freeport-McMoran Copper & Gold down about 7.1% on…

AI is fueling copper demand. Kevin Simpson thinks this volatile miner is worth the risk

Freeport-McMoRan is one of the world’s largest publicly traded copper producers, giving it significant exposure to rising copper prices at a time when new copper supply is limited.

BHP, union talks for Port Hedland iron ore workers to stretch into next week

Rio Tinto acquires Aurukun bauxite project from Glencore, Mitsubishi

The deal comes as Rio Tinto looks to end operations at its Gove bauxite mine in Australia’s Northern Territory by 2030.

Freeport-McMoRan shares surge as copper hits record $14,694/ton

Baowu eyes stake in BHP’s massive Jimblebar iron ore mine

China’s largest steelmaker is weighing a minority interest in the Western Australian operation as it seeks iron ore supply.

Albemarle taps BHP veteran Udd as next CEO

Lithium giant picks a resources veteran to steer the company as battery-metal demand accelerates worldwide.

Barrick Mining said to delay IPO of American gold business to 2027

Analyst Favorites: Barrick Mining Ranks As a Top Metals Pick

A study of analyst recommendations at the major brokerages shows that Barrick Mining Corp (Symbol: B) is the #4 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to…

Glencore stands between Anglo-Teck and $1.4B copper prize

Talks over neighbouring Chilean copper mines will determine how three mining majors divide billions in potential value.