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Mortgage rates fall to an eight-month low

The 30-year mortgage rate is averaging 6.6%, Freddie Mac said in its latest weekly survey on Thursday.

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Antofagasta Backs Copper Production Targets, Sees Support From Energy Transition

By Christian Moess Laursen and Anthony O. Goriainoff Antofagasta backed its copper-production target for 2024, reflecting the expansion of its Los Pelambres...

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Antofagasta Copper Production Boosted by Los Pelambres, Centinela -- Commodity Comment

Antofagasta has reported a rise in fourth-quarter copper production compared with the earlier quarter and expects higher production for the year ahead. Here...

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FPX Nickel Gets C$14.5M Investment from Sumitomo Metal Mining for 9.9% Interest

By Adriano Marchese FPX Nickel said Wednesday that it has received a 14.5 million Canadian dollar ($10.7 million) investment from Japanese metals miner and...

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Teck Shares Falter After Copper Output Misses Guidance, Costs in Spotlight

By Robb M. Stewart Teck Resources' shares were under pressure after the Canadian miner's copper production for 2023 fell short of its target and it warned of...

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BHP Records Iron-Ore Production Decline in 1H -- Commodity Comment

BHP Group, the world's biggest miner by market value, said first-half production of iron ore and metallurgical coal fell year-on-year, while output of...

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Mortgage rates inch higher, but home-buying demand is growing

The 30-year mortgage rate is averaging at 6.66%, Freddie Mac said in its latest weekly survey on Thursday.

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Toronto Stocks Inch Forward; Africa Oil Shares Rise

By Adriano Marchese Canadian stocks were slightly ahead mid-trading on Wednesday, down from highs of the morning. Most sectors were in the green, with...

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Toronto Stocks Higher as Banks Advance, Offsetting Fall in Energy Shares

By Robb M. Stewart Stocks in Toronto rose for the first day this week, buoyed by gains in financial shares. In midday trading Thursday, the S&P/TSX Composite...

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U.S. mortgage rates nudge higher, but Freddie Mac expects rates to 'drift downwards' into the year

The 30-year mortgage rate is averaging at 6.62%, Freddie Mac said in its latest weekly survey on Thursday.

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