CAPITAL MARKETS

Copper gains

Antofagasta, majors rise

Staff reporter

This article is 6 years old. Images might not display.

The producer closed up 3.39% and Rio Tinto (LSE: RIO) was up 2.21%.

Copper closed up for the first time in six sessions on the London Metal Exchange, at US$6,390 per tonne as concerns over trade tensions eased.

In Australia, BHP (ASX: BHP) was up 1.2% in afternoon trade as it returned close to 52-week high territory.

Yesterday's top mover on the S&P/ASX200, Pilbara Minerals (ASX: PLS), continued to rise as it ramps up lithium production at Pilgangoora, up more than 4% at the time of writing.

In Toronto, metals and mining stocks were up around 2.7% yesterday.

Barrick Gold (TSX: ABX) was off 0.46% as the gold price hovered just below US$1,259 an ounce.

One of the bigger risers was gold miner Pretium Resources (TSX: PVG), up almost 15% as it achieved steady state production at its Brucejack mine.   

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.