Shares of gold and copper exploration companies are the most likely to shine in the Canadian junior mining sector this...
Asian stocks climbed for a second day as JPMorgan Chase & Co. boosted ratings on Japan’s...
Gold, little changed in London, may decline as a rebound in the dollar curbs demand for the metal as an alternative investment.
The dollar gained as much as 0.4 percent against the euro. Bullion typically moves inversely to the dollar and rose to a record US$1,152.85 an ounce on Nov. 18. The metal is up 2.1 percent this week, heading for a third weekly gain.
Brazilian stock futures gained as the U.S. dollar’s decline spurred demand for commodities, sending Vale SA and Petroleo Brasileiro SA higher.
Petrobras, as Brazil’s state-controlled oil company is known, added 0.4 percent in U.S.-trading as crude advanced above $74 a barrel. Vale SA, the world’s biggest iron ore miner, gained as metal prices rose.
Mexico mining company, Piero Sutti SA report has found lithium deposit in northern Zacatecas and San Luis Potosi, Mexico. Mining companies estimate that the lithium deposit can be produced from existing deposit 12,000 tons per year. This lithium production will put Piero Sutti equivalent lithium producer Chile.
