mining

While gold continues to climb toward its historic milestone of $3,000 per ounce, propelled by the escalating tariff wars, gold miners have lagged this success. Rising labor costs, foreign government pressures, and inflation are squeezing profitability, raising questions on whether they can catch up...

The United Nations issued a warning about the escalating conflict in the Democratic Republic of Congo (DRC), with fears that the violence could spread across the region. What Happened: Volker Türk, the UN High Commissioner for Human Rights, addressed the Human Rights Council, calling for immediate...

The Pebble Mine project in Alaska has entered 2025 with a "renewed sense of optimism. "After being blocked by the Biden administration due to environmental concerns, a change of administration has reignited hopes for its advancement. In a letter to shareholders, Ron Thiessen, CEO of Northern...

On Thursday, Leading rough diamond producer De Beers revised its guidance, slashing the anticipated production by 31% from 30 million to 20 million—23 million carats. The firm has also slashed the 2026 plan by 18% as the diamond market continues to face challenges, including weaker demand from...

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...

Copper investors looking for a lifeline may have to wait. JPMorgan analysts warn that a perfect storm of trade tariffs, geopolitical risks and AI disruption fears is weighing on copper-exposed stocks. The firm is staying Underweight on Antofagasta PLC (OTCPK:ANFGF) and Boliden AB (OTCPK:BDNNY),...

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...

Alcoa Corp. (NYSE:AA) reported its fourth-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter.  The Details: Alcoa reported quarterly earnings of $1.04 per share, which beat the analyst consensus estimate of 97 cents. Quarterly revenue clocked...

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...