Costco adds platinum bars to precious metals offering
Costco is expanding its line of precious metals products with the addition of one-ounce platinum bars on top of its popular gold bars. The platinum bars — made by Swiss…
Commodities Markets
Mining sector needs US$2.1 trillion by 2050 to meet net-zero needs – report
The amount is needed to meet net-zero demand for raw materials.
BHP projects copper demand will rise 70% by 2050
The company expects that by 2050, the energy transition sector will represent 23% of copper demand.
Video: Gold miners face skepticism, even as metal price rises, Denver Gold exec says
Gold at all-time highs has pushed up miners’ margins, but companies are opting for restraint and avoiding the temptations of past bull cycles, Denver Gold Group executive director Tim Wood…
CHART: Global mining and metals – a reality check
A new report by McKinsey’s energy and materials practice outlines a global mining and metals industry emerging from a few years of boom and bust and price fluctuations the consulting…
How the natural diamond industry could have taken down its lab-grown competition
Years ago, I noticed a plaque hanging on the wall in a private equity group in London’s Mayfair that read: “The Roman Empire wasn’t built by holding committee meetings; it…
BofA sees strong 2025 for copper, while iron ore prices to drift lower
While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand.
Dearth of quality new gold discoveries to crimp supply — report
In recent years, gold discoveries around the world have become more scarce and smaller in size, dampening the outlook for future supply of the metal, according to the latest analysis…
Beaver Creek: Rule, Hathaway, Giustra reflect on surging gold price, humdrum equities
Beaver Creek, Col. – Industry leaders debated the roles of economic uncertainty, inflation and monetary policy in driving gold to a record high this week even as many gold equities…
Putin’s exports threat lifts uranium, nickel producers
Stocks in nickel and uranium producers gained this week when Russian President Vladimir Putin floated the idea of limiting metals exports, refueling geopolitics as a top risk, mining analysts said….
EV slump powers platinum supply deficit, miners say
The third-lowest platinum mining output this century can’t keep up with rising investment demand, jewelry and a sustained traditional car market using catalytic converters, according to an industry group. A…
Australian gold production declines as miners adapt to record prices
Australia, the largest gold producer after China, produced slightly less of the yellow metal in the 12 months to June 30 as miners adjusted strategies for record high prices even…