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…
Commodities Markets
BC’s new digital credentials system aims to give miners an edge on sustainability
After two years of testing, Energy & Mines Digital Trust (EMDT) has launched digital credentials for British Columbia mining operators to streamline the process of sharing confidential permitting and sustainability…
Poor forecasting triggers big writedowns for miners while some get lucky, study shows
Mining companies must improve their metal price forecasting to reduce mine failures and increase long-term returns for investors, according to a new study. Tumbling metal prices account for more than…
Satellites spot China slowing copper smelters
Global copper smelters were about a third more idle this year through February than they normally are as leading producer China slowed output, according to a London-based company that uses…
Lithium prices and equities to rise from bottom by July, Canaccord Genuity says
Prices for lithium and the stocks of companies trying to mine it are poised to rebound by July although they’re unlikely to resume the boom times of two years ago,…
Exclusive: Record gold price a product of global risks, Barrick CEO Bristow says
The price of gold hit new records this week as concerns mounted about slowing growth in China, Europe and the United States even as stock markets rebounded and bond yields…
PDAC 2024: Demand, energy transition tailwinds to elevate copper, say bankers
Copper is a good bet to outperform other major metals over the next year, based on strong market fundamentals, senior Canadian bankers told delegates this week at the world’s largest…
Nasdaq newbie Critical Metals plans EU’s first battery-grade lithium mine in Austria
The chairman of Critical Metals (NASDAQ: CRML) says he’s unfazed by a plunging debut this week on the Nasdaq exchange and depressed commodity prices as the company advances what could…
Harmony Gold to pay record dividend, extend Mponeng mine life
The miner will extend Mponeng’s life from seven to 20 years.
Sweden to remove uranium ban
District Metals (TSXV: DMX; US-OTC: DMXCF) and Aura Energy (ASX: AEE) are among companies welcoming Sweden’s steps to remove a ban on uranium mining this year. The Nordic country’s government…
Energy Fuels aims to double uranium output
The company is preparing additional mines in Colorado and Wyoming for expected production within one year.
Iron ore boom of the 2000s repeating – this time with critical metals
A headline published in The Age back in July 2003 reads: “[Andrew] Forrest has a grand $1.2bn plan for tiny Perth mining company.” That company was called Allied Mining and…