Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about…
Commodities Markets
Uranium hits new post-Fukushima high
The spot price of uranium continues to rise, boosted by pledges to triple nuclear power by mid-century, supply hiccups from producers such as Cameco (TSX: CCO; NYSE: CCJ) and the looming…
Federal critical mineral research needs more cash, hears US House committee
U.S. critical mineral supply chains need more funding if national security needs are to be met, says GreenMet CEO Drew Horn. Horne was one of five witnesses giving testimony during…
Kazakhstan exports most uranium in eight years
Kazakhstan, the world’s leading uranium producer, has reported its highest sales of the nuclear fuel since 2015 driven mainly by China’s increase in demand as it rivals France for the…
Plummeting platinum group prices could worsen shortage: report
The price of platinum group metals (PGM) has fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined, according to a new report by…
Why prices will soon catch up with the commodity supply crunch
Today we’re unpacking the poorly understood world of commodity inventories. We’ll look at the critical role they play in maintaining market stability and why it could come unstuck in the…
Gold, silver to rise as political, economic risks grind
Gold and silver prices have been on a roller coaster over the past two years as prices have responded to the changing political and economic environment. A key shift came…
Uranium sector ‘scrambling’ to fill supply gap
The price of uranium will hit triple-digits for the first time since 2007 as nations weaning off oil and seeking energy security deplete nuclear fuel supplies, the world’s largest investment…
De Beers’ diamond sales plunge on slow Asian demand, restricted supply
Tough economic conditions in China and India cut rough diamond sales by De Beers by 80% from a year ago as the company continued to keep stones off the market,…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
Why junior explorers will emerge from the dust
No doubt 2023 has been a difficult year for the junior mining sector. Across the board we’ve seen small-cap explorers sell-down toward multi-year lows. A decade of underinvestment in new…
Resource stocks ready for a comeback
You’d be hard-pressed to find anyone who’s overtly bullish on commodities right now. But that’s exactly why you should be taking notice. Negative sentiment is opening up colossal buying opportunities…