February 6, 2025

Cochilco expects copper price to be $4.25/lb through 2026

Chile's state copper commission raised its 2025 price to $4.25 from $3.85 last May.

February 6, 2025

Critical Metals announces $22.5m financing, shares plummet

Critical Metals will issue 4.5 million shares with an offer of $5.00 per share, a significant discount (over 43%) to its opening price Thursday.

February 6, 2025

US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close

Nippon Steel's bid for US Steel was blocked last month by then-US President Joe Biden.

February 6, 2025

Citi sees gold soaring to $3,000 on tensions triggered by Trump

“The gold bull market looks set to continue under Trump 2.0,” the bank said.

February 5, 2025

Financial industry groups raise concern on LME’s OTC trade plans

The LME wants its members to transact OTC trades of up to 10 lots, equivalent to 250 tonnes of copper, on its Select trading system.

February 5, 2025

Gold dealers sell BOE bullion at discount in tariff turmoil

Dealers are quoting prices for gold at the BOE at discounts of more than $5 an ounce below spot in London.

February 5, 2025

Column: Trump or BRICS? The quandary for Africa’s miners and governments

Beyond the short-term volatility created by Donald Trump's tariff machinations, it's likely that the longer-term trend of the world splitting into two trading blocs is accelerating.

February 5, 2025

NexGen nears deals to sell uranium to US utilities despite trade tensions

The Canadian miner said it's in advanced talks with several US nuclear utilities to sell more uranium from its proposed $1.6 billion mine in Saskatchewan.

February 5, 2025

Ascot faces cash shortage as it delays Premier milling restart

The company is now projecting ore milling to begin in July 2025.

February 5, 2025

Gold demand up 1% in 2024, to remain supported by economic uncertainty, WGC says

Central banks, a major source of gold demand, bought more than 1,000 tons of the metal for the third year in a row.