Energy transition faces metal supply deficit, Canada miners say
Any credible prognosis shows that copper faces a structural deficit of 5-7 million tonnes starting in the next 3 or 4 years, Hudbay CFO says.
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World’s cobalt supply deficit is shrinking, says S&P
Global refined cobalt production is expected to rise 38.5% between 2021 and 2025.
Jakarta to jolt sliding nickel price – report
Indonesia’s EV ambitions, growing nickel mining dominance (echoes of Congo-cobalt) and new export rules are as disruptive as its 2014 ore ban – and good news for producers elsewhere.
How the decarbonization megatrend is disrupting mining investment
Large players will likely benefit, Fitch says, from being able to rely on stronger investment capacity, while junior miners may struggle to adapt to the low carbon economy.
Kutcho Copper says ore sorting could reduce costs, footprint of British Columbia project
By using an X-ray transmission sensor, 16% of the low-grade and waste material is removed.
Dovish to hawkish Fed: sounds bearish for gold
With a more hawkish Fed disposition, non-commercial traders remaining dollar-strong, and the EUR/USD sinking, it doesn’t bode well for the metals.
Denison makes equity offering to support Wheeler FS work
The company is making an at-the-market equity offering of C$50 million.
Rio Tinto may eventually process critical minerals, CEO says
The company is currently figuring out ways to extract up to ten so-called critical minerals from copper waste at its mining facility in Utah.
Silver price drops to lowest in a year against stronger dollar
Silver is now headed for its worst month in a year, while gold is on course for its biggest monthly drop since June.
