World’s largest silver bar unveiled in Dubai
The Dubai Multi Commodities Centre (DMCC) has introduced the world’s largest silver bar in celebration of the founding of the United Arab Emirates. The bullion — weighing 1,971 kilograms and…
Articles by Jackson Chen
UBS lifts copper price forecasts on supply concerns
Amid global mine disruptions, strong momentum on the demand side and a market deficit that is expected to widen, UBS sees copper prices rising next year. In a note published…
Endeavour Silver sells Bolañitos for $50M
Endeavour Silver (NYSE: EXK; TSX: EDR) has agreed to sell its Bolañitos mine to Guanajuato Silver (TSXV: GSVR) in a deal worth up to $50 million, as it looks to…
Highland Copper exits White Pine project for $30M
Highland Copper (TSXV: HI) is selling its 34% stake in the White Pine North project to private equity firm Kinterra, its joint venture partner, to focus solely on its main…
Gold miners dominate this year’s TSX30
Mining companies accounted for over half of the entries on this year’s TSX30 — an annual list of the 30 top-performing names on Canada’s largest stock exchange over a three-year…
Newmont nets $470M from Greatland, Discovery Silver
Newmont (NYSE, ASX: NEM; TSX: NGT) says it has netted around $470 million from selling equity stakes in Greatland Resources (ASX: GGP) and Discovery Silver (TSX: DSV) as part of…
Central banks expect more gold buying, de-dollarization
Central banks around the world continue to hold favourable expectations for gold, with most looking to add to their reserves over the coming months and even years, an annual survey…
No takers for Nova Scotia uranium blocks post-ban
Nova Scotia, having recently lifted its decades-long ban on uranium exploration, says it has not received any bids for the request for proposals (RFPs) covering three areas prospective of the…
Copper price must double to meet future mining needs — study
To meet the world’s future needs, copper prices must at least double their current levels in order to incentivize companies to build more mines, a study published in the latest…
Terra Metals, Metalex in $100M Zambia deal
U.S.-based critical minerals developer Terra Metals and resource investment firm Metalex Commodities have finalized talks on the creation of what they call a “new copper and cobalt production powerhouse” in…
China rules critical mineral despite efforts: IEA
A new report by the International Energy Agency paints a sobering picture of the global push to secure critical minerals as nations are forced to navigate through high geopolitical tensions…
US signs tin deal with Rwanda
The United States has established a new supply of tin, which it hasn’t mined in more than three decades, after Rwanda’s Trinity Metals agreed to export its mined products. Trinity…