September 18, 2024

Germany launches raw materials fund to strengthen supply chains

The German government is launching a $1.1 billion fund for investment in raw materials.

September 17, 2024

Zijin vows to keep investing in Canadian mining despite crackdown

The comments echo sentiments expressed in March by China’s ambassador to Canada.

September 17, 2024

Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025

While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand.

September 17, 2024

BHP warns AI boom would worsen copper shortage

Growth of data centres and AI could boost copper demand by 3.4 million tonnes a year by 2050, CFO Vandita Pant said.

September 16, 2024

Daye copper plant in China to close for 3 months after fire

The stoppage could mean the release of copper raw materials to the market, which has faced unprecedented shortages this year.

September 16, 2024

Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut

The bank cited market oversupply even though demand from top consumers in China is stabilizing.

September 16, 2024

China’s grip on rare earths undercuts projects from US to Japan

A slump in prices since 2022 is undermining the business case for rare earth projects.

September 16, 2024

Chinese investor steps in to block Paladin’s Fission Uranium buy

CGN Mining Company, a subsidiary of China General Nuclear Power with a 11.26% stake in Fission Uranium, is obstructing the tie-up.

September 14, 2024

China’s August coal output up on more power, chemical demand

July was the hottest month on record for China, and the heat waves continued into August.

September 13, 2024

Precious Metals Summit: Top industry minds reflect on surging gold price, humdrum equities

Experts predict gold, which hit an all-time high of $2,554.78 per oz. on Thursday, to be on a long-term bull run.