Cleveland-Cliffs Announces New GHG Reduction Targets; U.S. Steel Launches New Facility; BHP To Pursuade Anglo Before New Takeover Deadline And More: Friday's Top Mining Stories
Technology stocks surged on Friday, rebounding sharply after Thursday’s decline, as investor confidence in the artificial intelligence-driven rally remained high.
"We look forward to ramping up to commercial production in the third quarter of this year and delivering sustained value from the Greenstone mine for all our stakeholders," Equinox Gold CEO Greg Smith said.
Lithium prices rise as Chinese companies return to the market, signaling the end of a slide. Short-term restocking and long-term EV demand expected to drive prices up.
Asian and European markets fell while crude oil dropped to $76 per barrel. Japan's Nikkei 225 declined 1.27%, and Hong Kong's Hang Seng decreased by 1.38%. The European STOXX 50 was down 0.32%. Commodities saw mixed results: Crude oil fell 0.75%, while natural gas rose 1.28%, and gold increased by 0.14%.