Stocks’ subtle clue for USDX and gold/silver investors
The implications of USDX moving higher are very bearish for commodities and precious metals.
Latest Stories
China’s CMOC calls on Congo to lift cobalt export ban
Congo has kept the market guessing on its next steps when the ban ends on June 22.
BHP and Lundin’s Argentina copper projects target 2030 start
Argentina has not produced copper since 2018, but currently has a sizable pipeline of projects.
Chinese authorities question metals bosses in smuggling probe
Companies involved in producing and trading minor and strategic metals with military and high—tech applications have been among those called in, Bloomberg sources said.
LME WEEK: Mercuria says copper deficits could push prices to records
Nicholas Snowdon, a high-profile copper bull at Geneva-based Mercuria, said he expects record prices for the metal sooner than later.
Greenland gives Danish-French group permit to mine rock with green potential
The permit was granted to Greenland Anorthosite Mining, backed by French, Danish and Greenlander investment funds.
Ontario to spend $2.2 billion on Indigenous role in mining
Most of the money will go to loan guarantees that enable Indigenous business groups to invest in Ontario mining projects, the government said.
Nicola Mining to start gold mill in British Columbia in Q3
The company has started receiving gold and silver ore from Talisker Resources and is undergoing pre-production adjustment.
Critical minerals still dominated by few despite diversification efforts: IEA
The average market share of the top three refined material suppliers rose from 82% to 86% between 2020 and 2024, says IEA.
