Aluminum: the copper grid alternative
From the humble drink can to the airframe of an F-16 fighter jet, aluminum’s role in the global economy is diverse and critical. Like copper, aluminum is used in established…
Commodities Markets
Bullion demand rises on central banks, East-West investor flip-flop, gold council says
Gold demand increased 3% during the first quarter because of buying by central banks, Asian investors and jewellers, the World Gold Council says in a new report. Purchases rose to…
Porphyry deposits hold winning trifecta of copper, gold and silver
Copper, gold and silver have been on a tear lately. Here’s the latest year to date performance for these three commodities: It’s this broad lift across different commodity classes (precious…
Lithium Ionic expands Brazil resources by a quarter
Lithium Ionic (TSXV: LTH; US-OTC: LTHCF) says it has grown its combined resources at the Salinas and Bandeira projects in Minas Gerais state, Brazil by 26%. The Bandeira project holds 23.7 million…
Forget groceries, Costco sells up to US$200M of gold bars and silver coins every month
Given its pricing and shipping costs, analysts with Wells Fargo wrote that it’s likely a “very low-profit business at best.”
Central banks, de-risking investors power gold price
Central bank buying and investors diversifying away from record stock markets are driving the price of gold to new highs, analysts say. The spot price of gold fell US$26.66 an…
Video: World Gold Council’s Cavatoni explains record metal price
The price of gold has broken records because of increased buying by central banks and greater understanding of where inflation and interest rates are headed, Joe Cavatoni, senior market strategist…
Boss Energy’s rebooted Honeymoon uranium mine in Australia counts days to first metal
Boss Energy (ASX: BOE) is two weeks away from producing its first drums of uranium as it restarts its Honeymoon mine in New South Wales, Australia, after low metal prices…
Explaining the copper conundrum
Arguably, no one is more aware of the coming copper shortage than copper miners themselves. Glencore CEO Gary Nagle warned in late 2022 — just months before the company made…
Nickel: Contrarian opportunity or portfolio suicide?
Today, I’m taking a deep dive into the ill-fated nickel market.If you’re a close follower of commodity markets, you probably know the problems afflicting this sector. Surging output from Indonesia’s…
Push for ESG price premiums may reshape global critical minerals markets
As low nickel prices force Australian miners to scale back output, some have called for an ESG premium on low-carbon production that would help Western producers compete with cheaper, but…
Global Atomic plunges as Niger’s junta expels US troops
Shares in Global Atomic (TSX: GLO) have dropped nearly a third since the military rulers of Niger, where the company is developing its Dasa uranium project, vowed on the weekend…