UBS lifts 2026 mid-year gold price forecast to $4,500
In the upside case, the bank sees gold reaching as high as $4,900 an ounce.
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Angola to speed up mine permits, cut red tape to lift investment
The push underpins Angola’s attempts to expand its non-oil minerals sector and attract foreign capital.
Stand-off between China’s iron ore buyer and BHP tightens iron ore supplies
Trade of Jimblebar fines is still frozen in China, leaving mills that previously used it switching to a substitute.
Column: China steel output slumps as iron ore imports head for record
China's steel production this year will drop below 1 billion metric tons for the first time since 2019, but iron ore imports may rise to a record high.
Chinese copper demand sags in busy season after prices surge
Chinese usage remains heavily weighted to construction and a property sector mired in crisis.
Friedland opens $2B Platreef mine in South Africa
The opening caps a 37-year effort at what Friedland calls “the world’s largest undeveloped precious-metals mine.”
American Rare Earths boosts resource estimate for Cowboy State mine
The updated mineral resource estimate is approximately 547.5 million tonnes in TREOs.
Rio Tinto cuts alumina output in Australia
The reduction amounts to about 1.2 million tonnes of alumina a year, though the company said customer supply commitments will not be affected.
Short seller takes long position on Snowline Gold
Muddy Waters' Carson Block said he believes the company's projects are undervalued compared to the price of gold.