December 19, 2023

Column: Funds less negative on copper as supply landscape shifts

Money managers are now marginally net long of copper on both the London Metal Exchange (LME) and CME contracts.

December 19, 2023

Diamond sales slowly restart after efforts to halt price crash

The world’s two biggest diamond miners are selling stones again after the industry all but halted supplies.

December 19, 2023

Skeena raises $7.8 million to fund exploration in British Columbia

The company is undertaking grassroots regional assessment of its 100% owned KSP property.

December 18, 2023

Dundee to acquire Osino’s Twin Hills gold project in Namibia for $214 million

Twin Hills is an open-pit project with a 13-year mine life and average annual production of 175,000 oz. gold over the first five years.

December 18, 2023

Nippon Steel agrees to buy US Steel for $14.1 billion

The deal caps months of uncertainty over the future of the iconic American company.

December 18, 2023

Panama rejects Orla Mining’s request for permit extension

The Canadian miner said Panama also declared the concessions were in a reserve area, cancelling them altogether.

December 17, 2023

Lithium ends dire year with cautious mood during contract season

Producers have recently been in talks with clients — mostly in Asia — to hash out contracts for 2024.

December 15, 2023

Buenaventura stock surges as Antofagasta takes 19% equity position

The NYSE-listed shares reached a 52-week high of $12.73 earlier in the session.

December 15, 2023

LME faces fresh worries about Russian metal after UK sanctions

Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand.

December 15, 2023

Friedland says $15,000/t copper price needed to spur new mines

The mining magnate said that forecasts of copper prices reaching $9,000 a metric ton next year isn’t enough to stimulate the industry.