Metals frenzy gets painful gut check just as YOLO crowd piles in Now the worry is that the increasing involvement of a potentially fickle group — individuals chasing a quick gain — may spur even wilder swings. Bloomberg News | February 2, 2026 | 8:47 am
JPMorgan sees gold price reaching $6,300 by year-end Gold has "further to run amid a still well-entrenched regime of real asset outperformance vs paper assets," analysts wrote. Staff Writer | February 2, 2026 | 8:04 am
Japan boosts deep-sea mining plan to cut rare earth reliance The aim is to pull metal-bearing mud from the seabed for tests as early as February 2027. Bloomberg News | February 2, 2026 | 7:25 am
EU mulls ban on Russian copper, platinum in new sanctions If adopted, the new restrictions would mainly target Norilsk Nickel, Russia’s largest mining company. Bloomberg News | February 2, 2026 | 7:19 am
UK firm signs deal with Mitsui to make iron ore pellets from Pilbara material Under the preliminary agreement, Binding Solutions will use its technology to turn lower-grade "fines" iron ore material from the Pilbara into pellets. Reuters | February 2, 2026 | 7:03 am
Eldorado to buy Foran Mining for $2.8B amid copper push Deal adds McIlvenna Bay in Saskatchewan, as near-term growth project ahead of planned commercial output this year. Cecilia Jamasmie | February 2, 2026 | 6:48 am
Trump launches $12B ‘Project Vault’ to cut China reliance The initiative aims to shield manufacturers from mineral shocks, mirroring the oil reserve but focused on critical metals. MINING.COM Editor | February 2, 2026 | 3:56 am
Algeria opens 600-mile railway to tap vast iron ore deposit The step gives the green light for the first shipments of ore from the Gara Djebilet mine in the western desert near the Moroccan border. Bloomberg News | February 1, 2026 | 4:42 pm
Capstone Copper restarts Mantoverde mine while strike drags on The company reiterated that it expects to continue operations at a level between 50% to 75% of normal production during the strike. Reuters | February 1, 2026 | 4:26 pm