Scotiabank plans to revive metals desk as prices soar
The Canadian bank has hired recruiters to reach out to commodities traders, sales specialists and strategists to staff the unit.
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Korea Zinc’s plan to build US smelter would benefit South Korea, minister says
Korea Zinc unveiled a plan to build a $7.4 billion critical minerals refinery in Tennessee that will be funded largely by Washington.
Gold and uranium boost Namibia’s tax revenue after diamond prices plunge
Diamond income has traditionally boosted Namibia's state coffers, accounting for about 30% of export earnings.
Zimbabwe scraps gold royalty hike, sets higher threshold for windfall tax
A royalty rate of 5% would continue to apply for gold prices between $1,200 and $5,000 per ounce, according to the revised budget bill.
Lithium prices surge in China after authorities announce plan to revoke mining licences
Beijing said the licences had long expired—some over a decade ago—and most were for ceramic clay or limestone mining.
Coal demand hits fresh high as US output rises — IEA
Coal keeps defying forecasts, with US output rebounding even as clean energy expands and long-term demand finally nears a peak.
Copper’s next shortage is structural, not hype: analyst
BloombergNEF sees copper deficits from 2026 as demand surges, supply lags and geopolitics reshapes global markets.
Almonty starts Sangdong tungsten mine in South Korea
Almonty bought the asset when the US stopped mining tungsten in 2015 and has been working to bring it back into production for a decade.
UAE aluminum maker seeks investors for $6 billion US plant
The EGA plant is expected to require $5 billion to $6 billion of capital investment and produce about 750,000 tons of primary aluminum a year.
