Citi

Chilean miner Antofagasta posted a 27% increase in half-year core earnings on Thursday as high prices for copper offset lower production, but a shutdown at one of its mines led it to cut its 2026... 

Gold and copper miner Harmony Gold has concluded new syndicated multitranche, multicurrency loan facilities comprising $500-million, A$500-million and R7-billion. The company says this reduces its... 

Citi maintained on Monday its bullish copper price targets through the end of the year, citing tighter physical markets and supply pressure in China. The bank held its $14 500 per metric ton zero-... 

Citi has become the fifth bank to clear transactions in London's over-the-counter gold market, the world's largest bullion trading centre, in a major expansion of its precious metals business, the... 

This week we profile Michael Berner, head of South and East Africa at Visa, a global payments technology company  

The US embassy will sponsor an event in Sao Paulo between US investors and Brazilian firms looking to produce critical minerals on Wednesday amid diplomatic tensions that threaten to overshadow... 

Swiss miner Glencore is close to engaging Citi as its lead investment bank on its potential acquisition by Rio Tinto that could create the world's largest miner worth over $200-billion, two people... 

Deutsche Bank said on Tuesday that the price of gold could climb to $6 000 per ounce in 2026, while Citi raised its short-term forecast for silver to $150 an ounce. Spot gold notched a record high... 

Chilean miner Antofagasta reported on Thursday a modest 1% rise in third-quarter copper production, and said it expects annual output at the lower end of its forecast range of 660 000 to 700 000... 

Brazilian miner Vale reported on Tuesday its highest quarterly iron-ore production since 2018, and said it is on track to reach the upper band of its 2025 production target for its three main... 

Investment adviser Appian Capital Advisory has announced the launch of a $1-billion fund targeting critical minerals and mining projects in emerging markets. The fund – launched in partnership with... 

Citi raised its gold price forecast over next three months to $3 500 per ounce on Monday from $3 300, and the expected trading range to $3 300 to $3 600 from $3 100 to $3 500, on the belief that... 

Brazilian miner Vale produced 83.6-million metric tons of iron-ore in the second quarter, up 3.7% from a year earlier, the company reported on Tuesday. In its output and sales report, Vale said... 

Brazilian miner Vale produced 67.7-million metric tons of iron ore in the first quarter of 2025, down 4.5% from a year earlier, the company said on Tuesday in its sales and output report. One of... 

Oil prices extended losses on Monday, falling 3% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies... 

Citi Research forecast that a 25% US copper import tariff would be imposed in the second quarter of this year and lowered its three-month price outlook to $9 500 per metric ton, down from $10 000... 

Woodside Energy and Santos, Australia's top oil and gas producers, are expected to log a modest fall in annual earnings, with investors seeking more clarity on dividend payouts amid lingering... 

The top global iron ore miners are headed for their weakest earnings in five years as a struggling Chinese property sector weighs on demand for the steel raw material, while new supply coming on... 

Leading global banks anticipate that gold prices will remain elevated throughout 2025, potentially reaching the $3 000 mark, as geopolitical uncertainties continue to shape investor sentiment....