Pan American assays boost outlook at La Colorada
Pan American Silver (NYSE, TSX: PAAS) reported major drill results from its La Colorada mine in Zacatecas, Mexico, pointing to new high-grade silver veins that could expand mineral resources, extend…
Analysis
China’s steel demand share to plunge 36% by 2050
China’s steel consumption is projected to decline steadily over the next decade, marking a structural shift in global demand dynamics, according to a new report from Wood Mackenzie. The country…
Who controls uranium?
When we look at uranium resources through the lens of geopolitical spheres of control, the story is telling.
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last year. The deal for the…
Teck hits growth pause to fix Chile copper mine
Teck Resources (TSX: TECK.A, TECK.B); NYSE: TECK), Canada’s largest diversified miner, has deferred major expansion projects while it works to fix output problems at its flagship Quebrada Blanca (QB) copper…
World Gold Council proposes digital gold; price spikes
The World Gold Council has a new plan to allow investors to hold and trade digital versions of the yellow metal, issued on the same day the gold price set…
Fury Gold’s Eau Claire study posits 41% return
Fury Gold Mines’ (TSX, NYSE-A: FURY) first economic study of its Eau Claire gold deposit in Quebec shows strong returns across three development concepts. The base case using a gold…
Capstone repairs slim Mantoverde copper output
Capstone Copper (TSX: CS; ASX: CSC) has warned of a temporary output hit at its Mantoverde sulphide operation in Chile after both ball mill drive motors on the site failed…
Cameco posts ‘surprising’ lower output estimate
Cameco (TSX: CCO; NYSE: CCJ) has cut this year’s production forecast for its main McArthur River uranium mine by significantly more than BMO Capital Markets envisioned, which it said could…
Hochschild plunges after slashing Mara Rosa forecast
Hochschild Mining (LSE: HOC.L) shares plunged on Wednesday after the company slashed its full-year production forecast from the Mara Rosa mine by more than half, only months after a temporary…
Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…
Rare earth prices spike as US firm halts China trade
Prices of rare earth elements have surged to their highest level in more than two years after MP Materials stopped shipments to China, Reuters first reported. For the past three…