November 15, 2024

Peninsula Energy shares plunge on lower uranium production forecast

Peninsula also announced that CEO Wayne Heili will step down next year.

November 15, 2024

Aya Gold & Silver rises on Zgounder optimism, despite Q3 miss

In its Q3 results release, the company noted that the silver mine expansion is essentially complete at 99%.

November 15, 2024

Trump’s transition team aims to kill Biden EV tax credit

Transition team is planning to kill the $7,500 consumer tax credit for EVs as part of broader tax-reform legislation.

November 15, 2024

Aluminum price soars as China cancels tax incentive on exports

The export tax rebate was also removed for copper and lowered for some refined oil, solar, battery and non-metallic mineral products.

November 14, 2024

Soaring demand for copper will help drive mergers, BHP CEO says

Demand for copper, a key element in the energy transition, is set to rise by 70% to 100% by 2050, Mike Henry said.

November 14, 2024

Boliden closing in on deal for Lundin’s European mines

A deal would cement Boliden’s position as one of Europe’s biggest producers of zinc.

November 14, 2024

China’s copper buyers slash annual contracts with market in flux

For 2025, buyers in China will take less refined metal under yearly contracts than they did this year, including from producers like Chilean copper giant Codelco.

November 14, 2024

Lithium in nascent rebound, but long-term outlook is bleak

Lithium is enjoying a mini-revival on an uptick in Chinese electric vehicle demand and supply cuts.

November 14, 2024

China producers rush to deliver surplus zinc to Shanghai exchange

Producers are rushing to send 30,000-40,000 metric tons of refined zinc to warehouses registered with the Shanghai Futures Exchange ahead of November contract expiry on Friday.

November 14, 2024

LME clearing house unveils reforms, to triple member capital requirements

The exchange also said that LME Clear would reduce the amount members have to contribute towards its default fund.