May 13
Anglo American Plc rejected a second approach from BHP Group that valued the miner at US$43 billion, as pressure builds on the 107-year old company to lay out a compelling vision to survive on its own.
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May 13
Anglo American Plc rejected a second approach from BHP Group that valued the miner at US$43 billion, as pressure builds on the 107-year old company to lay out a compelling vision to survive on its own.
May 10
Copper prices breached the US$10,000 per ton mark again this week, propelled by projections of tightening global supplies and heightened demand from the electric vehicle and power sectors, which offset weakening demand from China, the largest consumer of the red metal.
May 2
Oil settled little changed after swinging in a narrow range throughout the session, with a buildup in U.S. stockpiles and a potential cease-fire in the Middle East suppressing a rebound from yesterday’s sharp losses.
Apr 26
Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher.
Mar 28
In the current era of high inflation, consumers have gotten used to sharp increases in the price of everything from cars to shelter. But the latest bittersweet twist in the story is unfolding now as the cost of chocolate is skyrocketing — and everyone from Big Chocolate to the Easter Bunny are feeling the bite.
Mar 22
Copper hit an 11-month high this week, propelled by a lack of supply coming out of Chinese smelters and a surge in bullishness in international markets.
Mar 18
Tightening oil supplies pushed West Texas Intermediate above US$83 a barrel, extending a rally that has propelled prices to the highest since October.
Mar 15
Gold tumbled this week after new U.S. economic data bolstered expectations that the Federal Reserve will be slow to lower interest rates.
Mar 7
Suncor Energy Inc. says it has signed a memorandum of understanding with the Fort McKay First Nation on a prospective oilsands lease development opportunity on reserve lands.
Mar 5
Cenovus Energy Inc. blasted the Canadian government for not providing enough financial support for the oil-sands industry’s proposed C$16.5 billion ($12.2 billion) carbon capture system.