Commodities

Gold has been one of the best-performing assets of 2025. The precious metal reached an intraday high of $2,882 per ounce as investors sought a haven amid geopolitical, economic, and supply-side factors. The escalating global trade war, particularly the tit-for-tat tariff exchange between the U.S....

The energy transition is reshaping the global mining industry, with demand for critical minerals expected to surge over the coming decades. A shift toward renewable energy and electrification drives demand for commodities like copper, nickel, and rare earth elements. According to BDO's Annual...

McEwen Mining (NYSE:MUX) has significantly expanded the gold resource at its Grey Fox deposit, part of the Fox Complex in Northern Ontario. Since the last estimate in 2021, Grey Fox's indicated gold resource has increased by 32% to 1.54 million ounces, while inferred resources have nearly doubled...

A leading domestic steel supplier, Cleveland-Cliffs Inc (NYSE:CLF), published a preliminary report expecting 2024 to be one of the worst years in over a decade. The report characterized 2024 by muted demand from the automotive sector — the company’s largest customer base — and broader...

President Donald Trump's tariffs have sparked a backlash within the mining sector, given the deeply intertwined trade relationship between the U.S. and Canada. The Mining Association of Canada (MAC) warned that these measures could disrupt critical mineral supply chains and harm both economies. "...

After a breakthrough in early 2024, when uranium prices surged above $100 per pound, the market experienced consolidation in late 2024, with prices stabilizing around $75–$80 per pound. However, nuclear energy's role as a zero-carbon alternative drives the need for more uranium, pushing governments...

Brazilian mining giant Vale (NYSE:VALE) has reported its highest annual iron ore production, reaching nearly 328 million metric tons in 2024, a 2% year-over-year growth. Despite a 4.6% decline in the fourth-quarter output, this production result is the best since 2018. “Vale’s...

Newmont Corporation (NYSE:NEM) has finalized a $425 million deal to sell its Porcupine mine in Ontario to Discovery Silver (OTC:DSVSF), thus concluding its divestment from non-core assets. This sale, consisting of $200 million in cash, $75 million in Discovery shares, and $150 million in deferred...

Global mining leader BHP (NYSE:BHP) has temporarily abandoned its pursuit of Anglo American (OTC:AAUKF), one of the largest M&A attempts in 2024. The Financial Times reported that the Australian miner now views a deal as "too expensive," given Anglo's share price surge in recent months – as...

Bolivia, the owner of the world's largest lithium reserves, is trying to capitalize on this valuable resource. Despite prices plummeting from 2022 highs, the country is pushing forward with large-scale investments to take advantage of the growing battery industry. "With the two new contracts, we...

President Donald Trump‘s revoking the $7,500 electric vehicle tax credit hasn’t discouraged mining companies from continuing to source critical materials needed for EV manufacturing. Rio Tinto (NYSE:RIO) CEO Jakob Stausholm, for example, remains optimistic about the global demand for...

Australian uranium producer Paladin Energy (OTC:PALAF) soared following President Trump's announcement of a $500 billion "Stargate AI" initiative. As investments pour into AI infrastructure, nuclear power emerged as the best solution for a stable, low-carbon energy supply. In 2024, Paladin...

Barrick Gold (NYSE:GOLD) is reshaping its portfolio in 2025, looking to prioritize high-value, large-scale projects. Although this strategy reminds of its main competitor, Newmont, which prioritizes Tier 1 assets, Barrick still aims to profit from copper tailwinds, finding growth outside its core...

Australia's Labor government has announced a $1.25 billion (AU$2 billion) initiative to aid the nation's aluminum smelters. This move underscores the government’s commitment to a renewable energy transition by 2036, as well as an economic transformation ahead of the general elections...

Saudi Arabia has unveiled a joint venture between the state oil company Aramco and the state mining company Ma'aden. The collaboration focuses on extracting lithium, a vital component in batteries for electric vehicles (EVs), renewable energy storage, and electronics. Commercial production is...