News Archive


Commodities, miners boosted

Posted by: Admin | Posted on: January 25th, 2018 | 0 Comments

Copper bounced back over US$7,000 a tonne and gold hit its highest point in more than a year, reaching $1,364 an ounce on the spot market earlier today.

Unsurprisingly, miners were among the top five gainers on the SP/ASX 200 today with gold producers Resolute Mining (AU:RSG) up close to 6% and Saracen Mineral Holdings (AU:SAR) gaining more than 5%, and nickel miner Western Areas (AU:WSA) rising over 4%.

Doe Run Peru's Productive Units are on the Public Auction Block

Doe Run Peru’s Productive Units are on the Public Auction…


RESOURCEStocks Australian Mines QA: Benjamin Bell

RESOURCEStocks Australian Mines QA: Benjamin Bell…


Amerigo rising

Amerigo rising


RESOURCEStocks QA: Cobalt Blue's Joe Kaderavek

RESOURCEStocks QA: Cobalt Blue’s Joe Kaderavek


Evidence Mounts for World Class District

Evidence Mounts for World Class District


RESOURCEStocks QA: Westgold's Peter Cook

RESOURCEStocks QA: Westgold’s Peter Cook





Meanwhile in Brazil, diversified major Vale (BZ:VALE3) was among the rising stocks as ex-president Luiz Inacio Lula da Silva’s corruption and money laundering charges were upheld and his jail sentence increased.

Among other mining majors, BHP (AU:BHP) gained more than 0.5% in Australia today, whereas Rio Tinto (LN:RIO) lost almost 0.6% yesterday in London and Glencore (LN:GLEN) rose 1.6%.

Article source: http://www.mining-journal.com/capital-markets/news/1311104/commodities-miners-boosted

Comments are closed.