Ur-Energy restarts decades-old Wyoming uranium mine
Ur-Energy (NYSE-A: URG; TSX: URE) has restarted uranium mining operations at its Shirley Basin project in central Wyoming, the first uranium mining at the site since 1992 and one of…
Commodities Markets
Deutsche Bank forecasts $8,000 gold price by 2031
Gold is poised to benefit significantly from an increasingly fragmented world as nations continue to pivot into the metal and away from the U.S. dollar as their go-to reserve asset,…
US Mint gold source tied to criminal networks in Colombia: New York Times
The United States is increasingly being drawn into the opaque supply chains of illicit mining after an investigation by The New York Times tied some of its gold supply to…
Teck flags Chile fuel costs due to Iran War
Teck Resources (TSX: TECK.A TECK.B; NYSE: TECK) warned rising diesel and freight costs could increase expenses at its Chilean copper operations through the second quarter as global supply tightens. The…
Morgan Stanley cuts gold price outlook by almost 10%
Analysts at Morgan Stanley have slashed their gold price forecast by almost 10% in the midst of what they view as a significant shift in the macroeconomic landscape. According to…
Lithium market to enter deficit until 2035: Canaccord
The global lithium market is set to enter a near-decade-long deficit as a lack of mine investment weighs on supply of the electric vehicle battery metal, according to investment bank…
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…
Gold price extends drop amid US-Iran uncertainty
Gold prices extended declines on Tuesday, as investors remained cautious over United States-Iran negotiations to end the near-two-month war that has intensified global inflation concerns. Spot gold fell more than…
China copper smelters hit record, space satellites show
Activity at copper smelters in China rose to an all-time high in March as buyers of the red metal increased purchases following a price slump, according to Earth-1, which monitors…
Mangrove opens Delta refinery to close lithium gap
Privately held Mangrove Lithium on Thursday opened North America’s first commercial electrochemical lithium refinery, adding a missing piece to Canada’s battery supply chain. The facility in Delta, about 30 km…
DRC boosts US copper sales fivefold to 500,000 tonnes
The Democratic Republic of Congo has raised planned copper sales to the United States to 500,000 tonnes through a state-backed marketing venture, marking a fivefold increase from its initial January…
Giant battery maker CATL sets $4.4B to expand mining
Contemporary Amperex Technology (CATL), one of the world’s largest battery makers, has earmarked $4.4 billion to push deeper into mining amid a global energy shock that has raised fears over…