Uranium contract prices soar on uncertain supply, AI-led power demand
Term prices are now around $79 per pound, the highest since 2008, and estimated to rise further in coming months.
Latest Stories
South Star’s Brazil graphite mine to begin production in September
The Phase 1 plant has the capacity to produce approximately 12,000 tonnes per year of natural flake graphite concentrates.
The future of deep sea mining hinges on a contentious election
International Seabed Authority head incumbent Michael Lodge faces Leticia Carvalho, a Brazilian ocean scientist.
Chinese bullion demand takes hit in risk to gold price rally
Total demand for bullion fell almost 6% from a year earlier in the first half to 524 tons, the China Gold Council said.
Column: Funds dump copper as rising stocks dampen bull spirits
LME inventory last week touched a three-year peak.
Union at BHP’s Escondida mine urges rejection of contract offer, strike possible
The union and BHP have repeatedly clashed due to work stoppages, pressure to increase production and complaints about worker safety.
Gold, not dollar, is the best trump trade, survey shows
Trump’s platform of tax cuts, tariffs and weaker regulation are viewed as inflationary on Wall Street.
Nornickel sticks to production outlook despite furnace repairs
The miner reported on Monday a 1% drop in nickel output for the first half of the year.
China’s COSCO Shipping, Fortescue to build green fuel supply chain
The memorandum of understanding includes exploring deployment of green ammonia-fueled vessels to transport iron ore in the China-Australia iron ore corridor.
