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Bank Of America

Bank of America is a multinational investment bank and financial services company headquartered in Charlotte, North Carolina, United States. It is one of the largest banking institutions in the world by assets and market capitalisation, serving individual consumers, small and medium-sized businesses, institutional investors, large corporations and governments. The company operates through four main business segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America provides a comprehensive range of services including retail banking, credit cards, mortgages, corporate and investment banking, wealth management, trading and research. The bank maintains a significant presence in commodities and natural resources research, providing market analysis and investment guidance on sectors including mining, metals and energy. Its global markets division offers insights on critical minerals, base metals such as copper and aluminium, and precious metals including gold and platinum, which are essential to industries ranging from electric vehicles to the energy transition. Bank of America employs hundreds of thousands of people worldwide and operates thousands of banking centres and ATMs across the United States and in key international markets. The institution was formed through the 1998 merger of NationsBank and the original Bank of America, and expanded significantly through the 2008 acquisition of Merrill Lynch during the global financial crisis. It is a primary dealer in US Treasury securities and a member of the Federal Reserve System.

Bank Of America News


Cobalt mine, in Idaho
Critical minerals mining in US poised to benefit from $250bn Bank of America initiative
Updated 6 hours ago By: Marleny Arnoldi

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... 


Northparkes mine, in Australia
Triple Flag enlarges undrawn credit facility by $700m
26th May 2026 By: Marleny Arnoldi

Streaming and royalty company Triple Flag Precious Metals has managed to enlarge its existing undrawn revolving credit facility and improve its terms. Under the amended agreement, Triple Flag has... 


Incoming BHP CEO Brandon Craig
Incoming BHP CEO to consider bolt-on acquisitions for growth
13th May 2026 By: Reuters

Incoming BHP CEO Brandon Craig will focus on securing growth options beyond 2035 by ramping up exploration, partnering with peers and making bolt-on acquisitions where they bring value, he said in... 


Mining stocks on cusp of supercycle as AI boom stokes metals
Mining stocks on cusp of supercycle as AI boom stokes metals
26th January 2026 By: Bloomberg

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%... 


Brazil shuts down Sigma Lithium waste piles over safety concerns
16th January 2026 By: Reuters

Brazil's Labor Ministry has shut down three waste piles at Sigma Lithium's flagship mine in the state of Minas Gerais, citing a "grave and imminent" risk to workers and the local community,... 


Gold leaps to record high, dollar drops as US prosecutors target Fed's Powell
Gold leaps to record high, dollar drops as US prosecutors target Fed's Powell
12th January 2026 By: Reuters

Gold vaulted to a record high and both the dollar and Wall Street futures fell on Monday, as a criminal investigation into Federal Reserve Chair Jerome Powell stoked concerns about the independence... 


South Africa's expansive Hillside Aluminium in Richards Bay.
US has lost three-quarters of its aluminium smelters, Bank of America reports
11th December 2025 By: Martin Creamer

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... 


Once a lithium darling, Sigma’s woes mount with 29% stock rout
Once a lithium darling, Sigma’s woes mount with 29% stock rout
5th November 2025 By: Bloomberg

Sigma Lithium is plunging amid growing doubts about near-term production and potential delays to a key expansion project. In a sharp reversal for a stock once seen as an industry darling, Sigma... 


Sharp divide between copper bulls and bears at industry gathering
Sharp divide between copper bulls and bears at industry gathering
14th October 2025 By: Reuters

A yawning gap has emerged in views about copper between those counting on mine disruptions to send prices of the major industrial metal to fresh record highs and sceptics who say demand is weak and... 


BofA hikes gold price forecast to $5 000/oz for 2026
BofA hikes gold price forecast to $5 000/oz for 2026
13th October 2025 By: Reuters

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... 


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pqt: 0.06s - ct: 0.146s - 195pq - 2rq
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