Copper price slides from record on Chinese stockpiles
The price of copper has slid from its record high after China’s real estate turmoil increased storage of the wiring and plumbing metal. A pound of copper was at US$4.376…
United States
Barrick-backed Dakota Gold seeks Homestake-style lode
Dakota Gold (NYSE-A: DC) intersected more high-grade gold mineralization at the Maitland gold project in South Dakota showing similarities to the nearby former Homestake mine that produced 40 million oz….
M&A activity shows we’re far from a market top in commodities
There’s a long-held fable within investing circles that surging M&A activity can (at times) signal a market top. So, how does that come about? Just like regular investors, major corporate…
Nevada Copper on the auction block after filing for bankruptcy
Vancouver-based Nevada Copper (TSX: NCU) has started a sales process as a part of a restructuring announced this week, which included filing for bankruptcy and halting its Pumpkin Hollow copper…
US energy storage market hits installation record in Q1
The U.S. energy storage market set a first-quarter record for capacity installed this year, with 1,265 megawatts (MW) deployed across all segments, a report by Wood Mackenzie and the American…
Chilean Cobalt lines up potential US$317M loan from EXIM Bank
The United States Export-Import Bank has signed a letter of interest to back Philadelphia-based critical minerals explorer Chilean Cobalt (US-OTC: COBA) with US$317.4 million in debt to restart the La…
How to attract Silicon Valley and Gen Zs
Silicon Valley could help the mining industry solve problems from funding to smelting but tech wizards shouldn’t necessarily run a mine, panellists told a conference on financing trends in New…
US Gold plans Q3 prefeasibility update for CK as permitting advances
U.S. Gold (NASDAQ: USAU) has hit the next permitting milestone to develop its CK project in Wyoming, which is expected to produce 108,500 oz. of gold equivalent annually over an…
De Beers plans return to marketing roots as split from Anglo American looms
De Beers, which created the global market for diamond engagement rings through its “A Diamond is Forever” campaign, is shifting back to its marketing roots as its parent company Anglo…
Considering M&A? Here’s what to ask
A large copper miner in Chile only found it had been overpaying a royalty by a significant amount after three ownership deals and 20 years of operation, lawyer Greg McNab…
EnCore starts uranium production at second plant in US
The company has become the only uranium producer in the US with multiple production facilities in operation.
Ivanhoe Electric refutes Ma’aden share sale claims
Ivanhoe Electric (NYSE-AM, TSX: IE) addressed on Thursday what it said are misleading media headlines claiming that its joint venture partner, Saudi Arabian miner Ma’aden, planned to sell its shares…