Surging coal, lithium prices can’t stem sell-off in top 50 mining stocks
World’s 50 biggest mining companies have shed $627 billion since hitting highs in March this year even as investors pile into the best performing sectors.
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LME blocks new metal from Russia’s UMMC after UK sanctions
The move is by far the most significant restriction on Russian supplies by the world’s main metals market since the invasion of Ukraine.
De Beers rough diamond sales for eighth cycle of the year at $500 million
Sales declined 21.6% from the previous Sight but were flat compared to the same period last year.
Antofagasta CEO voices concern about recession hitting copper prices
Earlier on Wednesday the government cut its 2023 average price estimate to $3.62 per pound, from a previous estimate of $3.92 last July.
Sayona awards $147m mining contract to L. Fourier et Fils for restarting lithium mine
This is one of the largest such contracts ever signed in Quebec.
GoviEx Uranium doubles financing on strong investor demand
GoviEx will increase the size of its recently announced financing from C$5 million to C$10 million.
Site visit: Bunker Hill Mining on a fast track to generating cash flow by Q3/23
The legacy Bunker Hill zinc-lead-silver mine in Shoshone County, Idaho, is set for a near-term revival with proponent Bunker Hill Mining (CSE: […]
Gold continues to rise, fueled by bullish sentiment
While gold, silver and mining stocks continued their uprisings, their rallies are built on foundations of sand.
The Top 10 EV battery manufacturers in 2022
Despite efforts from the United States and Europe to increase the domestic production of batteries, the market is still dominated by Asian suppliers.
