September 26, 2023

China scoops up cheap Indian iron ore in bid to trim steel costs

Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits.

September 25, 2023

New Pacific Metals raising $26 million to advance Bolivia projects

Both Silvercorp Metals and Pan American Silver, current shareholders of the company, have expressed their desire to participate in the offering.

September 25, 2023

Iron ore price at 2-week low on possible steel output curbs

"It becomes increasingly clear that demand has hit the ceiling amid weaker-than-expected steel sales for September and October," one analyst says.

September 25, 2023

Sprott announces closing of largest resource fund to date

With the close of Fund III, total assets under management of Sprott Resource Lending Corp. stands at $1.5 billion.

September 25, 2023

Bonterra shares surge following agreement with Osisko for development of Quebec properties

The properties encompass 496 claims, spanning over 22,508 hectares.

September 25, 2023

Gold, miners weather Fed

Fed hawkishness has been the rankling thorn in gold’s side for 18 months now.

September 25, 2023

Gold price subdued by Fed’s higher-for-longer interest rate stance

One analyst forecasts gold prices to trade between $1,910 and $1,950 for the rest of this quarter.

September 25, 2023

Graphic: Prices tumble for cobalt used for electric vehicle batteries

Prices have plummeted due to an upsurge of supplies from Congo.

September 25, 2023

Gates, Bezos-backed KoBold Metals to build copper mine in Zambia within 10 years

The California-based firm is spending about $150 million to speed up additional exploration at its Mingomba project.

September 24, 2023

Chinese gold buying is driving a paradigm shift in bullion

As inflation-adjusted rates soared this year to the highest since the financial crisis, bullion has barely blinked.