mining

Newmont Corporation (NYSE:NEM) received an upgrade from UBS from Neutral to Buy, setting a 12-month price target of $60 per share. The bank cited a significantly more favorable gold market outlook and the company's improved capital return potential following strategic divestments. UBS sees gold...

Gold prices soared past $3,200 an ounce for the first time on Friday morning, continuing a historic rally as investor demand surged with growing concerns over global economic stability, U.S. trade policies, and falling bond yields. Spot gold climbed 1.8%, trading at $3,230 at 6 AM ET, extending the...

As gold prices spike to 18-month highs, investors are turning to ETFs to achieve exposure to the metal without the hassle of direct ownership. Geopolitical tensions have heightened amid the tariff game and markets continue to swing wildly. Against this backdrop, gold has resumed its role as a safe...

Multinational miners BHP (NYSE:BHP) and Anglo American (OTCQX:AAUKF) urge the Chilean government to reduce bureaucratic obstacles, preparing to invest billions into expanding the country's copper output. With demand for the metal expected to surge in the coming years, both companies warn that...

Copper experienced one of the most volatile trading days in over 15 years, tumbling as much as 7.7% at the start of Monday's trading session in London. Three-month contracts slid to $8,780 a ton as investors scrambled to reduce exposure—before staging a nearly $1,000 rebound in just over two hours—...

Trump's administration has decided to back one of the key projects initiated by former President Joe Biden: the Lobito Corridor. The transcontinental railway aims to link the resource-rich areas of the Democratic Republic of Congo (DRC) and Zambia to Angola's Atlantic port of Lobito. This project...

JPMorgan Research has upgraded its outlook for European mining equities, shifting more positive in February and then upgrading the outlook to Overweight in March. The research team cited a pattern of the sector outperforming through economic turbulences, believing a historical pattern could repeat...

Junior miner Lithium Americas Corp (NYSE:LAC) announced a final investment decision for the first phase of its flagship Thacker Pass lithium mine in Nevada. The project, structured as a joint venture with General Motors, should be operational by late 2027. “Together, we will develop a U.S.-...

Critical Metals Corp. (NASDAQ:CRML) announced the results of an independent preliminary economic assessment (PEA) for its Tanbreez Project in southern Greenland, one of the largest rare earth deposits globally. The PEA, conducted by Agricola Mining Consultants, estimates that just 1% of the project...

The Metals Company (NASDAQ:TMC), a deep-sea mining exploration company, has announced a pre-application consultation with the U.S. National Oceanic and Atmospheric Administration and has engaged with White House officials. If the Trump administration approves a mining license, it could disrupt...

Bank of America upgraded Canadian intermediate gold miner New Gold (AMEX:NGD) from Underperform to Buy. The double upgrade saw the bank’s analysts raise the price target by 50%, to $3.90, citing strong production growth, lower costs, and increasing free cash flow. Analysts who see a...

Gold miners dominated mergers and acquisitions (M&A) activity in the metals and mining industry in 2024. Research by S&P Global Market Intelligence found that yellow metal deals accounted for 70% of the total transaction value. The report showed 62 gold-related transactions, compared to 47...

Sandstorm Gold Ltd. (NYSE:SAND) shares are trading higher on Tuesday after the company announced the early renewal of its normal course issuer bid and automatic share purchase plan. What To Know: The renewed NCIB allows Sandstorm to repurchase up to 20 million shares, or about 7% of its...

Copper just blew past record highs, dismissing recent recession fears as stimulus optimism in China and potential U.S. tariffs spark a rush into the red metal. Copper futures traded at the New York Mercantile Exchange rallied 1.6% to $5.17 per pound on Tuesday, notching historical records. What's...

Northern Dynasty (NYSE:NAK) shares surged 30% on Monday following President Donald Trump's emergency order to boost domestic critical minerals production. Investors piled in on speculation that the order could revive the company's flagship Pebble Project. Trump's executive order, signed last...