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After gaining 16-25% over the last month, shares of both Hindalco Industries and National Aluminium Co tested their lifetime highs on Friday. Shares of Vedanta, the countrys largest producer of the metal, have jumped nearly 48% in a month and are at their highest level in two years.
Toro Energy, an Australian uranium development and exploration company, has announced plans to demerge its non-core assets, including nickel, gold, and base metal projects in Western Australia (WA).
Consolidated copper production is expected to average 153,000i tonnes per year over the next three years, representing a 16% increase from 2023 and...
Vale Canada (VCL) and Sumitomo Metal Mining (SMM) have agreed to divest around 14% of their combined stake in PT Vale Indonesia (PT Vale) to state-run mining industry holding company PT Mineral Industri Indonesia (MIND ID).
Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow