Botswana seeks to raise debt ceiling to weather diamond market downturn
The diamond market downturn has hit the southern African country hard, with two successive economic contractions in 2024 and 2025.
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Makor Resources enters Zambia with $30M copper investment plan
The company has assembled a portfolio of copper assets across key geological corridors in Kasempa, Mkushi, Mumbwa, Kitwe and Ndol.
Energy Fuels boosts rare earths capacity with first terbium output
The pilot-scale output reached a purity of 99.9% terbium, meeting the specifications of permanent magnet manufacturers, Energy Fuels said.
Gold price back above $4,500 as Middle East tensions ease
Spot prices briefly surged as much as 2.8% to $4,600 an ounce before settling back.
Pan American sees lower costs, longer life for Mexico mine
Initial capital for the La Colorada Skarn project under a “base-case” scenario is now pegged at $1.9 billion.
Caledonia among gold miners avoiding Mideast refining chokepoint caused by Iran war
Most concrete shifts have so far emerged at the national and trading level rather than from individual producers.
Investors rip $11 billion from commodity ETFs in record exodus
The biggest outflows concentrated in gold-focused funds like the SPDR Gold Shares (GLD), which has seen more than $7 billion withdrawn.
Fortescue chairman urges China to end iron ore buying strategy
Andrew Forrest said China Mineral Resources Group Co. was trying to “create a cartel” and cautioned it shouldn’t “poke a bear."
Energy shocks will slow climate action, BHP executive says
“Geopolitical fragmentation has repositioned resources and energy from traded commodities into instruments of national power,” says Geraldine Slattery.