Gold price surpasses inflation-adjusted record high set in 1980
Factoring in decades of consumer price increases, the new record price equates to about $3,590 an ounce.
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China’s steel mills squeezed as demand shows signs of softening
The ratio of China’s steel rebar futures in Shanghai to Dalian iron ore contracts dropped to the lowest level since 2020.
Ontario invests $45M for Ring of Fire road access
Minister Greg Rickford announced investment to kick-start construction of the “corridor to prosperity.”
ERG settles with Gecamines over DRC Swanmines project
The dispute had led to the development of some copper and cobalt deposits in Congo being suspended.
India explores rare earth supply deal with Myanmar rebel group
Myanmar’s Kachin state in the north is among the world’s few sources of heavy rare earths.
From the ground to the rule book: Mining’s new regulatory era
The lesson is clear: in modern mining, geology opens the door, but regulation decides who walks in.
Nickel shortage, higher costs pinch Indonesian producers
Permitting issues are a key reason for the ore scarcity.
Foran Mining secures C$70M in Saskatchewan tax credits
Foran recently said its project has surpassed the halfway mark, placing it on track and budget for a mid-2026 production.
GoviEx Uranium, Niger pause Madaouela dispute
While the two sides are willing to find a solution, the extension doesn’t guarantee the talks will lead to a definitive agreement, GoviEx said.