May 24, 2024

Copper prices could surge to $40,000, says top trader Andurand

The metal has risen almost 20% this year, reaching a record $11,000 per tonne this week.

May 24, 2024

Hudbay Minerals closes $402.5 million upsized public offering

The net proceeds will be used by Hudbay to accelerate mine pre-stripping activities and mill optimization initiatives at Copper Mountain.

May 24, 2024

Illinois coal forests home to unique arachnid with spiny legs — study

Douglassarachne acanthopoda has been described as existing in the famous Illinoisan locality of Mazon Creek.

May 24, 2024

Utah ranked top jurisdiction for mining investment by Fraser Institute

Rounding out the top five were Nevada, Saskatchewan, Quebec and Western Australia.

May 23, 2024

Gold price drops to one-week low on hawkish Fed, US data

Making bullion less attractive, US business activity accelerated to its highest level in over two years in May.

May 23, 2024

US Congress to fund $2m Pentagon study on deep sea mining

The Pentagon will explore the feasibility of refining ocean-floor minerals in the U.S., reports the Wall Street Journal.

May 23, 2024

Bonds’ decades-long lead over gold vanishes as debt worries grow

A dollar invested in gold 51 years ago is now worth $2,314, $172 more than the return pegged to the Bloomberg Treasury index.

May 23, 2024

Column: Copper squeezed in the United States but China has plenty

Weak spot demand, robust imports and rising domestic output have combined to keep China's exchange inventories high.

May 23, 2024

High concentrations of rare earths found in Utah, Colorado coal mines

Rare earth elements are concentrated in fine-grain shale units in Utah and Colorado active coal mines.

May 22, 2024

Faraday Copper rallies on $15 million bought deal to advance Arizona project

Its Copper Creek project in Arizona is labelled as one of the largest undeveloped copper projects in the US.