Agnico Eagle raises Foran stake in $64M strategic deal
Private placement, part of Foran’s C$350M financing, includes support from Canada Growth Fund and Fairfax Financial Holdings.
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Palladium market seen moving to balance after years of deficit, says Johnson Matthey
For palladium, robust growth in Chinese automotive recycling will boost secondary supply by 4%, it says.
Morgan Stanley hires Goldman’s metals and mining head
David Hammond will rejoin Morgan Stanley later this year as a managing director focused on metals, mining and basic materials.
Judge to hear Mali’s request to reopen Barrick mine under new management
The order would represent a major escalation of a dispute between the country and the Canadian miner.
Ivanhoe almost doubles Makoko copper resource in DRC
Total delineated contained copper in the area now stands at 9.37 million tonnes.
Copper price drops sharply after trade deal bounce
Pullback comes despite Chinese copper inventories falling by 60% in a single month.
MP Materials signs rare earths deal with Saudi Arabia’s Ma’aden
The US miner has signed an MoU with Saudi's state miner to develop a rare earths supply chain in the kingdom.
Cobalt demand to outpace supply by early 2030s, says Cobalt Institute
Cobalt demand is set to hit 400,000 tonnes by the early 2030s, up from 222,000 in 2024.
Scrap copper was piling up in the US. Now it can finally move
A mountain of scrap metal in Salt Lake City that had been growing in recent weeks is finally set to shrink, thanks to the US-China trade truce.