Bank Of America

Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, breaching the symbolic barrier for the first time since July 24 as intensifying conflict in the Middle East fuelled growing... 

Critical minerals mining in the US is poised to benefit from a new $250-billion finance initiative announced by Bank of America on August 12. Bank of America announced an 18-month critical... 

Global mining stocks have shot to the top of fund managers’ must-have list, as soaring metals demand and tight supplies of key minerals hint at a new supercycle in the sector. With a nearly 90%... 

Bank of America Global Research yesterday reported that the US has lost three-quarters of its aluminium smelters, China has capped its aluminium production, US consumers are now having to pay the... 

Bank of America Global Research on Monday raised its price forecasts for precious metals, lifting its 2026 outlook for gold to $5 000 an ounce, with an average of around $4 400. Gold surged above... 

Metals analysts are cutting their estimates of global copper supplies for this year and next after an accident at the giant Grasberg mine dramatically tightened the outlook for the market. Copper... 

Global banks channeled more than $385-billion to the coal power industry over the past three years, with annual flows increasing last year from 2023, according to analysis by a group of nonprofits.... 

Aura Minerals is seeking to raise about $210-million in a US listing, as the gold and copper miner looks to expand its investor base. The company, which already trades on exchanges in Canada and... 

South African stocks are heading for their best first-half performance in almost two decades, and precious-metal prices could pave the way for further gains. The FTSE/JSE Africa All Share Index is... 

In the parts of the financial world that have spent the decade since the Paris Agreement trying to curb the most-polluting fossil fuel, there are actually two distinct types of coal — with two very... 

Platinum and palladium prices have both rallied this month, notching a more than four-year and seven-month high respectively, but analysts say they remain more cautious about the outlook for... 

Chinese copper buyers used Monday’s collapse in prices below $8500 a ton to significantly increase purchases, traders said, helping to trigger a dramatic rebound even as a rout in other global... 

Gold prices on Monday soared above $3 100/oz for the first time as concerns around US President Donald Trump's tariffs and the potential economic fallout, combined with geopolitical worries, drove... 

Australian coal miner New Hope is on the hunt for acquisitions, said CEO Rob Bishop, and given improving investor appetite for New Hope debt he had no worries about financing growth in... 

Price premiums for aluminium on the physical market in the United States have surged to a record high due to the looming threat of tariffs on imports of the metal used in the transport,... 

Higher labour costs and sticky inflation could continue to weigh on gold miners' profits going into 2025, analysts said, but soaring prices of the yellow metal should still boost free cash flow.... 

Royal Bank of Canada is exiting the global banking sector climate coalition, a spokesperson for the lender said on Friday, after a similar move by domestic banking peers. The Net-Zero Banking... 

In his two decades at Bank of America Corp as a mining banker, Omar Davis worked on several transactions with former Anglo American boss Mark Cutifani. They’ve now teamed up again to set up a... 

BlackRock is exiting one of the world’s biggest climate finance groups for investors after being targeted by Republican politicians for its efforts on global warming. The money manager said...