Copper price eases as LME inventories surge
London Metal Exchange on-warrant copper inventories have surged by more than 50% in three days, easing fears of an acute supply squeeze and sharply narrowing a key market spread. On-warrant…
Commodities Markets
Site visit: Can Honey Badger finally crack Prairie Creek?
NEAR NAHANNI NATIONAL PARK, N.W.T. – The Prairie Creek site, nestled in a peaceful mountain valley in the Northwest Territories, is the project that won’t die after facing numerous dead-ends,…
Processing, not output, may decide metal shortages
Critical-mineral shortages through 2035 may depend as much on whether miners can reliably process and deliver usable material as on whether enough tonnes are mined, according to GEM Mining Consulting….
Rio’s Tomago smelter wins A$1.76B government lifeline
Australia and New South Wales have committed A$2.5 billion (US$1.76 billion) to keep Rio Tinto’s (ASX, NYSE, LSE: RIO) majority-owned Tomago aluminium smelter open beyond 2028 after high electricity costs…
Top 10: BHP leads heavyweights Down Under
BHP Group (ASX, LSE, NYSE: BHP) leads Australia’s biggest listed mining and metals companies by market value, while Rio Tinto (ASX, LSE, NYSE: RIO) posted the strongest fiscal 2025 profit. BHP was worth…
Florence must triple output to hit Trekor target: CEO
Trekor Metals (TSX, LSE: TKO; NYSE-A: TGB) insists production at its Florence copper mine in Arizona will accelerate threefold in the second half to allow the operation to meet a…
Ferrexpo’s Ukraine shutdown deepens fight for survival
Switzerland-based Ferrexpo (LSE: FXPO) has halted iron ore production in Ukraine after Russian attacks restricted its Black Sea export routes, leaving the miner dependent on fresh funding to restart. The…
Podcast: Mackey warns of ‘darker future’ unless Canada accelerates minerals processing
This week’s episode features renowned metallurgist and Canadian Mining Hall of Fame inductee Phillip Mackey in conversation with host Adrian Pocobelli about the latest developments in Canada’s mineral-processing capacity. Mackey…
Denison starts building Canada’s first ISR uranium mine
Denison Mines (TSX: DML; NYSE-A: DNN) began full construction at its Phoenix uranium project in northern Saskatchewan, by starting installation of the first perimeter freeze wall after finishing site preparation….
Haywood cuts gold forecasts but miners attractive
Haywood Securities has cut its near-term gold and silver price forecasts after a weaker second quarter but says the pullback has created an attractive entry point into precious-metals equities ahead…
US struggles to secure lithium for strategic stockpile
The U.S. Defense Logistics Agency has pushed back for a second time the deadline for suppliers to bid on a contract to provide battery-grade lithium carbonate for the nation’s strategic…
NextSource eyes longer Madagascar graphite mine life, higher costs
An updated feasibility study for NextSource Materials’ (TSX: NEXT) Molo graphite mine in southern Madagascar outlines lower returns and higher costs for the same output, though it extends the mine…