Agnico doubles Wallbridge Mining stake to over 19%
Agnico Eagle Mines (NYSE, TSX: AEM) has more than doubled its stake in Wallbridge Mining (TSX: WM) to just under 20% as part of the company’s strategy to gain exposure…
Articles by Jackson Chen
Freeport eyes full Grasberg output by end of 2027
Freeport-McMoRan‘s (NYSE: FCX) Indonesian unit has reaffirmed plans to restore the giant Grasberg mine in Indonesia to full production by the end of 2027 despite the process taking “longer than…
China sets new mining controls, to speed up strategic reserves
The Chinese government plans to impose mining controls on certain minerals to ensure its security of supply, in a move that could further enhance Beijing’s chokehold on the global flow…
Jeff Currie sees gold price pullback before $10,000 run
Gold may face a short-term correction as geopolitical tensions and slowing momentum in central bank buying weigh on investor sentiment, but in the longer-term, the metal’s bull case remains firmly…
Sherritt drops plan to dissolve Cuban assets
Sherritt International (TSX: S) has dropped plans to dissolve its mining assets in Cuba, though operations will remain suspended amid ongoing United States sanctions on the island nation. The Canadian…
Silver jumps to two-week high amid US-Iran deadlock
Precious metals started the week on a strong note, with silver rising to a two-month high, despite fresh setbacks surrounding United States-Iran peace talks. Spot silver surged as much as…
McEwen climbs on quarterly earnings beat
Shares of McEwen (NYSE, TSX: MUX) advanced after the Canadian gold and silver miner reported better-than-expected quarterly results. Net income for the first quarter reached $33.4 million or $0.56 per…
Trafigura in talks to build aluminum smelter in Egypt
Commodity trading giant Trafigura says it’s begun talks with the Egyptian Aluminium Company (Egyptalum) and the Metallurgical Industries Holding Company (MIH) to build a new aluminum smelter in Egypt. The…
Geopolitical shocks build copper’s bull case: Sprott
The investment thesis for copper is only getting stronger amid renewed emphasis on energy security and growing concerns over supply as the cost of metal production surges, according to Sprott…
Lion One Metals sinks on cancelled $15M financing
Lion One Metals (TSXV: LIO) plunged more than 30% after a proposed financing from Australian investment firm Arete Capital Advisors collapsed and the company announced yet another CEO change. North…
Maple Gold Mines surges on Quebec resource boost
Maple Gold Mines (TSXV: MGM) soared on Monday after reporting a significant increase in resource estimates for its Douay and Joutel projects in Quebec’s Abitibi region. At Douay, the in-pit…
Copper price: Goldman maintains year-end forecast, Traxys sees $15,000 per tonne
Copper held firm above the $13,200-a-tonne level on Wednesday amid elevated supply risks caused by the ongoing war in the Middle East and optimism over its demand. Prices briefly surpassed…