Copper prices hit yet another record
Copper prices surged to a fresh record on Tuesday as supply disruptions and U.S. trade uncertainty continue to fuel a sharp early-year rally across base metals. Benchmark three-month copper on…
Articles by Cecilia Jamasmie
Lucara Diamond backs Karowe expansion
Canada’s Lucara Diamond (TSX: LUC) is pressing ahead with its plan to extend the life of the Karowe mine in Botswana after an updated feasibility study showed the underground project could…
BlueScope plays down $8.8B takeover bid
Australia’s BlueScope Steel (ASX: BSL) said Monday it will likely reject an A$13.2 billion (US$8.8 billion) takeover proposal from a consortium led by Kerry Stokes-backed SGH (ASX: SGH) and U.S.-based…
Axis sues Guinea for $29B over bauxite permit
United Arab Emirates-based bauxite producer Axis International has filed a $28.9-billion arbitration claim against Guinea at a World Bank tribunal after the government revoked its mining permit in May. Axis…
Diamond slump deepens in 2025 as lab-grown bites
The diamond industry is now shifting from growth to triage, with survival tied less to geology and more to branding.
AI boom set to turbocharge uranium demand in 2026
Investor surveys and asset managers point to AI-driven power demand tightening uranium supply and supporting higher prices into 2026.
Chile loads copper cannon with 13 projects for 2026
Thirteen Chilean copper projects worth $14.8 billion (C$20 billion) are expected to hit key milestones in 2026 as prices rise on fears of a global supply squeeze. Seven domestic projects…
Japan to test mining rare earths from deep seabed mud
Japan will conduct a month-long test to extract rare-earth-rich mud from the deep seabed near the remote Minamitorishima Island, marking a first-of-its-kind effort to continuously lift material from about 6,000…
Copper tightness, tariffs set up volatile 2026
Analysts warn structural deficits may start in 2026 as copper hits records, demand accelerates and supply struggles to keep up.
Allied starts first stage of Sadiola output lift
Startup of new processing capacity sets the stage for higher grades, stronger cash flow and multi-year growth at Sadiola.
Global coal demand hits fresh high: IEA
Coal keeps defying forecasts, with US output rebounding even as clean energy expands and long-term demand finally nears a peak.
Brazil delays critical minerals areas auction
Brazil has postponed a long-awaited auction of mineral exploration areas rich in critical minerals after its mining regulator said it lacks the resources to move forward. The National Mining Agency…