Column: Copper smelters are facing both market and pricing crises
Copper smelters are now so desperate to find raw material they are paying miners for converting their concentrates into refined metal.
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US-China deal, and more DoD money will not loosen China’s grip on military-grade rare earths magnets
China maintains a chokehold on all aspects of rare earths production.
Niger junta seizes French nuclear giant Orano’s uranium mine
The mine seizure highlights the shift by military-led states in the Sahel region against Western interests.
LME imposes new restrictions on holders of large positions
The action was taken to head off the development of a potential "corner" on the market or an "undesirable situation", it said.
Maritime expands Hammerdown gold as output nears
The brownfield Hammerdown project is due to start producing this year.
Searles Valley to replace last two coal-fired power plants in California with solar tech
The project, the company said, will provide superior unit economics to existing coal-based operations.
Congo considers extending cobalt export ban as it weighs quotas
The DRC government wants more time to decide on distributing export quotas for cobalt mining companies.
Orano opposes planned Niger nationalization of its Somair mine
Niger said late on Thursday it planned to nationalize the Somair mine after months of worsening relations.
Gold’s vexing drift
Gold has mostly drifted sideways for the last couple months, vexing traders.