Three-month copper futures on the COMEX fell 1.8% as of 1 p.m. ET to $5.0375 per lb.
About 37% of Germany's gold (roughly 1,236 tonnes) are held in vaults of the New York Federal Reserve.
The call for public financial support speaks to the very real financial challenges (and risks) that domestic mining faces given China’s dominant position across many key minerals.
Chile’s state-owned miner produced 1.44 million tonnes of copper last year.
News of the discovery comes as Vizsla carries out a 10,000-metre drill program.
The rally takes bullion's gains for the year to 18%, as investors continue to hedge against economic instability, geopolitical tensions and inflation in Trump's second stint in office.
The company said is on track for doubling production capacity to 520,000 tonnes of lithium concentrate, starting in 2026.
Pro-Kremlin newspapers report Washington and Moscow are in early-stage negotiations over key projects in Russia.
China's overseas mining investment under its Belt and Road Initiative hit another peak last year at $21.4 billion.
Graphite One could take a leading role in loosening China’s tight grip on the US graphite market by mining feedstock from its Graphite Creek project in Alaska.
A program to scan archived core using AI and expand geophysical surveys on the Wooferine-Lynk Zones is set to start soon.
Frank Giustra-backed company is preparing drill targets for an exploration campaign in May.
The Goose project is B2Gold's first in the Back River gold district, and is on track for first pour within three months.
The French bank expects copper prices to drop to $8,500 per tonne by the end of the second quarter.
Roche Dure has the potential to be the largest lithium mine outside Australia.
Gold is now up 1.8% for the week and is on track for a fourth straight weekly gain.
As the world grapples with mineral demand explosion, a significant shift has occurred in the United States.
Kingfisher Metals has amassed the largest contiguous land position in British Columbia’s Golden Triangle.
Preliminary results from a new feasibility study on the Graphite Creek project show a threefold increase in projected production over 2022 estimates.
The new discovery at Tamarack is situated approximately 150 metres below and 50 metres south of the known nickel-copper mineralization.
An earn-in venture with Glencore that’s set to close later this year will give Nuvau Minerals control of the historical Matagami Mining Camp in Quebec.
Earlier this week, a government bill that includes a repeal of Nova Scotia's uranium ban was cleared for third reading at the legislature.
Canada's failure to extend the mineral exploration tax credit beyond two years permanently keeps the junior mining sector in limbo, Peartree says.
The new projection, says Goldman analysts, reflects a pick-up in gold purchase by central banks.
Gold Road remains open to discussions with Gold Fields, provided it betters the terms of the original bid.
British Columbia has introduced a new framework requiring consultation with First Nations before registering mining claims.
Hudbay said it is acquiring Mitsubishi Materials' 25% stake in the mine for $44.25 million in cash.
As drilling continues, Omai said it plans to release an updated mineral resource estimate during the second quarter.
Scientists returned to a 1979 Pacific Ocean mining test site, revealing long-term sediment changes and mixed impacts on deep-sea life.
India's government was confident that strong domestic demand for steel would offset the European Union's plans to tighten steel import quotas from April, a source with direct knowledge of the matter told Reuters.
Major steel mills, except JSPL, have slashed production of finished steel or kept it flat in the 11-month period of the current fiscal (April – Feb, citing “unplanned outages” amid rising imports — likely a strategic move to push domestic prices higher.
The most-traded contract on the COMEX rallied to a new high of $5.3740 per lb, or about $11,840 per tonne.
An inter-ministerial committee in Nigeria dismissed allegations of business malpractice against the Canadian miner.
The prospects in New South Wales and the Northern Territory were identified by using AI and they contain tungsten, cobalt and gold.
Zelenskiy has confirmed the proposal does not include US involvement in its nuclear power sector.
The Swiss commodities trader aims to acquire more mine stakes as it secures copper supplies, challenging larger competitors.
The project has 18 million indicated tonnes grading 2.4 grams gold per tonne for 1.39 million oz. gold.
Montage Gold and Lundin have both indicated their intention to participate in a C$12 million placement.
The company plans to resume production at La Parrilla in the fourth quarter.
“Trying to bribe US with mines can undermine US credibility," rebel leader Corneille Nangaa said.
The US has the largest gold reserves globally by a wide margin.
The U.S. Export-Import Bank has expressed interest in providing a loan to support the development of the Bear Lodge Project.
Copper hit as high as $5.2255/lb. on the Comex in New York on Tuesday.
The list supports the 2024 Critical Raw Material Act, which boosts the EU access to key metals and minerals.
Commercial production at the mine, part of the company’s Morelo complex in Mexico, is expected in the coming weeks.
The refinery is located in the town of Temiskaming Shores in Northern Ontario.
BYD’s battery metals bill was $1 billion below Tesla despite selling 2 million more EVs while GM’s per EV costs are the highest in the industry.
Trump also said that the two sides are discussing American ownership of Ukrainian power plants.
The tour offers a firsthand experience from the Botija pit to the 300 MW power plant, the international port, and the tailings management facility.
Northern Dynasty’s shares jumped 32% on hopes Trump’s order could fast-track the Pebble project in Alaska.
The most-traded copper contracts in New York were two cents away from the all-time high of $5.20/lb. set nearly a year ago.
The Gilar underground deposit is part of Anglo Asian's Gedabek operation in Azerbaijan.
The move would have given Gold Fields full control over the Gruyere joint venture mine in Western Australia.
A decline in Chinese steel production and a reduction in imports have not led to a significant increase
Around 35 companies have shown interest in the second round of the PLI scheme for specialty steel, with commitment of Rs 25,200 crore investment, according to the Ministry of Commerce and Industry.
Prime Minister Mark Carney said a leading project for the speedy permitting process would be the Cedar LNG project.
Gold accounted for 70% of last year's transaction count and total value in precious and base metals, according to S&P.
A new consultation framework for mineral claims fails to address key industry concerns and runs the risk of scaring off investors, the provincial association of prospectors said.
Arizona’s Sustainable Mining Innovation Engine proposal would secure up to $160 million over 10 years.
The FT reports that Washington wants to broaden the terms of the deal to include other assets, most notably a nuclear power plant that is currently under Russian control.
The forecast follows an analysis into the long-term supply and demand of the metal, taking into consideration the extraction cost of gold.
The company has applied for concessions in a high-grade gold area in Northern France.
Since 2022, the nation as whole has devoted $13.8 billion to geological exploration annually.
The sale is expected to close in six months, with Hudbay selling up to 30% of the project.
Gold's new record comes after US policymakers projected slower growth and higher inflation.
The deposit could host as much as 1.15 million tonnes of resources containing key rare earth elements such as praseodymium, neodymium, dysprosium and terbium.
The Ring of Fire area in the province's northwest lies in a remote swampy region where only one venture is considered advanced -- the Eagle’s Nest project.
Aurion will grant KoBold the right to earn a 75% interest in a portion of the Risti project area.
The activist investor pushes for Rio Tinto to drop its London listing and unify under an Australian-domiciled structure.
The incident reportedly began on Feb. 18, when the tailings dam collapsed at the mine run by Sino-Metals Leach Zambia.
The suspension will affect deposits with an annual production of less than 1 million carats.
Earlier this month, Uzbekistan laid out plans to develop 76 projects covering 28 different elements.
Highlighted hole extended the high-grade porphyry trend by about 1,000 metres.
Baru Gold has been looking to bring the Sangihe gold project, situated on the Indonesian island of the same name, into production.
The funding will match Ramaco's future investment in building a rare earth and critical minerals pilot processing facility north of Sheridan.
The collaboration could fast-track the formation of one of the world's first commercial permanent REE magnet supply chains independent of China.
Chinese authorities unveiled a plan over the weekend aimed at boosting spending by increasing incomes.
Gold's scorching rally, according to UBS, underscores "the precious metal’s role as a store of value in uncertain times."
Indian steel manufacturer ArcelorMittal's South African unit ArcelorMittal South Africa is seeking a 3.1 billion rand (nearly ?1,500 crore) rescue package to stop the closure of its steel mills in the country, Bloomberg reported citing Sunday Times.
As India is the world’s second-largest steel producer, with major players including Tata Steel, JSW Steel, and Steel Authority of India Limited (SAIL), its steel sector has shown strong growth, with crude steel production reaching 36.61 million tonnes (MT
The Bond King points out that gold has continued on a bull market for a couple of years now, and the latest milestone is a measured move anticipated by long consolidation.
The fine relates to 17 separate incidents between 2021 and 2023 at the now-closed Nickel Plate gold mine.
The European division of global steelmaker ArcelorMittal increased steel production by 8.3% in 2024 compared to 2023, to 31.2 million tons. This is stated in the company’s financial report.
Canada has taken official steps by requesting consultations with the World Trade Organization (WTO) to dispute US import duties on steel and aluminum products from Canada, according to a statement issued by the trade organization.
India’s MSMEs will get preferential price treatment from larger steel mills – or integrated steel producers, which basically works out as lower prices
In the first formal indications of outright trade war, Canada and the European Union, traditionally allies of the US
The company spent several years privately working to tap the Round Top are earth deposit in west Texas, with ambitious plans to create a domestic supply chain.
All future decisions related to Cobre Panama “will be rigorously evaluated," the Commerce Ministry has said.
Exurban is planning to build a $340 million plant in Fort Wayne, Indiana, to recover metals including copper, gold and silver.
Gold's new milestone highlights the metal's centuries-old role as a store of value in turbulent times.
The deal comes just two days after Toronto-based Collective reported its best assays yet from the Ramp zone.
Prices surged following the suspension of Alphamin Resources’ Bisie mine in the DRC.
Verisk Maplecroft’s Resource Nationalism Index shows a record jump in government control over resources in 47 countries since 2020.
China has promised to implement retaliatory measures in response to the blanket 25 percent tariffs on all steel and aluminium imports that the US introduced yesterday.
Like the UK and Australia, India too may not yet retaliate against US tariffs of 25 per cent on steel and aluminium imposed on Wednesday.
Elon Musk’s political influence once boosted Tesla’s stock—but is it now weighing it down?
Bolivia's 2024 lithium deals face parliamentary delays over transparency, environmental, and economic concerns.
The metal climbed in recent weeks after President Donald Trump ordered a probe into copper imports.
NexGen has proposed Rook 1 as a new underground mine and mill development located in the uranium-rich district of the southwestern area of the Athabasca Basin in Saskatchewan.
Mining veteran Ben Magara will steer the South African coal miner's push into battery metals.
The decision of the US to impose a 25 per cent additional tariffs on steel and aluminium imports came into effect on Wednesday, a move that is set to adversely impact micro, small and medium enterprises (MSMEs).
The resource update boosts by 50% the total rare earths oxides (TREOs) by global tonnage at Caldeira.
Tanbreez is one of the largest rare earth deposits in the world.
The Cu POX process is a proven hydrometallurgical method for the treatment of copper sulfide concentrates at lower capacities.
Highlight hole DH442 cut 2 metres grading 38 g/t silver and 1.94 g/t gold from 123.2 metres depth.
Analysts at Goldman are expecting at least a 25% tariff like many other metals by year-end.
The South America-focused miner declared a final dividend of 1.94 cents per share, amounting to at least $10 million for shareholders.
The Diablillos project is a high-sulfidation silver-gold deposit in Salta Province.
Ontario halted energy tariffs after Trump threatens to double steel and aluminum tariffs.
These outfits prioritize management’s welfare as marked by high discretionary general and administrative costs over asset value growth, Silver says.
TechMet, a $1.2 billion Dublin-based investment fund, is looking to develop the Dobra lithium project in central Ukraine.
Updated report for the project in Brazil increases its post-tax net present value (NPV) by over 66% to nearly $1 billion.
Copper prices remain 16% higher year-to-date in 2025.
Franco-Nevada had a gold-copper streaming agreement with First Quantum, Cobre Panama copper mine’s owner and operator.
US Department of Energy’s backing will enable it to scale lithium metal anode production from recycled lithium.
“We're first movers in this last untapped royalty space,” says VP, corporate development Kody Penner.
ERG declared force majeure on deliveries because of a DRC ban on exports of the battery material.
Rio Tinto operates as a dual-listed company, with separate shareholder bases in the UK (PLC) and Australia (Limited).
Market researcher Emil Kalinowski blasts analysts as “crazy” for forecasting falling gold prices through 2030.
The project is one of Canada’s most advanced in a key gold-producing area.
The path to the fourth industrial revolution and the green energy transition is best paved by integrating more technology into mining, industry PDAC panellists said.
The Congolese government first brought up the possible deal two weeks ago.
Whitepaper connects the surging demand for carbon removal credits with unique advantages of mine waste mineralization.
"Our vision for MPD was that it has the potential to become a major mine,” CEO Claudia Tornquist said.
Speeding up mine approvals is key to unlocking $36 billion in investment and securing high-paying jobs, Michael Goehring said in an interview
Time is of the essence if miners are to deliver the minerals that are needed to power the energy transition.
The Granite Creek project is proximal to the Twin Creeks and Turquoise Ridge mining operations run by Nevada Gold Mines.
The “Buy American” incentive applies to nearly 30,000 Cliffs' employees and will run through calendar 2025.
BPH's assay results support the company's belief that seaweed may have the ability to absorb precious and base metals from seawater.
The announcement comes a day after Trump gave a 30-day tariff reprieve to the big three automakers.
The project, in the Golden Triangle of British Columbia, is one of the world’s top undeveloped gold deposits.
The platform provides real-time probability and variance metrics, which, VP says, challenges the old geological bias.
Resource nationalism abroad is hiking costs for miners and showing how they need solid agreements and recourse avenues, lawyers said at this year's PDAC.
Australia’s main stock exchange is becoming the top listing destination for global miners, particularly for Canadians.
Discovered in 1885, the Bunker Hill mine operated for nearly a century, and represents a legendary fixture in American mining history.
Thacker Pass is home to the largest known measured and indicated lithium resource in North America.
Writing about US-Canada cooperation today may seem wishful, as the two allies are mired in a damaging trade war.
Deal positions Rio Tinto among the world’s largest lithium miners, trailing only US-based Albemarle and Chile’s SQM.
The shift toward ETFs has been particularly detrimental to junior miners, which have historically counted on mutual funds for financing.
Collectively, Arcata and Azuca are expected to have at least a 10-year mine life.
Steinmetz was detained in Greece in October 2024 for allegedly attempting to secure land rights in Romania unlawfully.
The decision allows the company to begin construction of new roads and cross-country trails and drill pads.
Jonathan Wilkinson warned that the Trump administration may soon face taxed critical mineral exports from Canada.
Keerit Jutla's term began in August 2023 and ended in February. Bold reforms and strong advocacy marked it.
“The growth in battery capacity is not just about numbers; it signals a fundamental shift in how we source critical metals and design EV batteries," notes Frik Els.
The Chilean lithium producer will invest $1.1 billion across its businesses in 2025, compared to $1.6 billion in 2024.
HiSeis specializes in hard rock seismic technology, offering high-resolution subsurface imaging that aids in the identification of mineral deposits.
Drawn-out permitting timelines have been a long-standing irritant for miners in Canada.
Canada has retaliated with C$30 billion worth of duties against the United States.
Japanese researchers have developed a palladium-based nanosheet catalyst that they claim could produce hydrogen at a fraction of the cost compared to existing technology.
The new permit provides "flexibility" in power generation for the proposed underground mine, the company said.
SolGold appointed Dan Vujcic as CEO to accelerate the development of its Cascabel copper-gold project in Ecuador.
FTS raise about 84% of all money for exploration across Canada, PearTree Securities managing director says.
Alongside Evo, Seequent also announced two new Evo applications, Driver and BlockSync.
The Sydney-based explorer bought the Far Fanning and past-producing Blackjack gold projects in November for A$18.9 million.
The company was recognized for two grinding technologies that lower greenhouse gas emissions and reduce operating costs.
With the final permit in hand, Botswana Diamonds will begin contractor mining at the South African asset, depending on market conditions.
AGG also plans to triple current critical mineral storage capacity at the port.
The funding to E3 will be used to undertake preconstruction work on transportation and energy infrastructure for the Clearwater project.
Glencore is included in the bank's "sustainable" investment funds because its coal-generated revenues are below the 20% threshold.
The new PEA contains resource contributions from two new zones (Franz and FMN), instead of just the initial South zone discovery.
High-purity manganese oxide samples are expected to be shipped this month to prospective offtake partners.
This marks the second time the award has been set aside, prolonging a dispute that has spanned over two decades.
Financing unites key figures, such as ex-Anglo American CEOs Mark Cutifani and Tony Trahar, along with Mick Davis of Glencore and Xstrata.
Copper and gold prices are poised to soar over the next decade as usage continues to climb, the world’s largest mining conference heard.
Countries such as the US, Argentina and Saudi Arabia are making “sizeable” efforts to reform their mining sector and attract capital, Mike Henry said.
Navoi's IPO was originally slated for 2022 or 2023, but the market-chilling effect of the conflict in Ukraine put paid to that timetable.
The month of January saw a rebound in drilling metrics after a slow end to 2024, with increases across the board.
The critical mineral issue is one of America’s most pressing national security challenges.
The combination will create a globally scaled platform to optimise performance across the mining process, Weir said.
US copper imports have soared to 45% last year from nearly nothing in 1991, leaving domestic producers exposed to price suppression and supply disruptions.
Mineral rights and security agreement cancelled at the White House on Friday after a news conference degenerated into a rare spectacle of raised voices and name-calling.
Some of the world’s largest mining companies, market analysis firms and bank are warning that this year, a massive shortfall will emerge for copper.
The measured resource at its TLC project has increased by 47%.