Venezuela aluminum restart may cost $2.3B: WoodMac
Reviving Venezuela’s idle aluminum industry would require up to $2.3 billion in investment but could help ease a widening supply gap in the Americas, according to a new report from…
Commodities Markets
Gold, silver spike amid Trump’s Greenland tariff threats
Gold and silver hit all-time highs after United States President Donald Trump threatened to impose tariffs on European countries as pressure for a deal so the U.S. can purchase Greenland….
Indonesia quota cut keeps nickel above $17,500
Nickel prices held above $17,500 (C$24,270) a tonne on Monday after Indonesia said last week it would cut next year’s nickel ore mining quota by about a third in a…
US in rare earth talks with Brazil: FT
The U.S. is exploring the possibility of forming a rare earths partnership with Brazil — estimated to hold the second-most in the world — as Washington steps up efforts to…
Petra’s 42-ct blue diamond sparks hope for miners
Africa-focused Petra Diamonds (LSE: PDL) has unearthed an ultra-rare blue diamond weighing just under 42 carats at its Cullinan Mine in South Africa, a discovery that could sell for as…
Maaden invests $110B in Saudi bid to be mining giant
Saudi Arabia’s Maaden plans to invest $110 billion into metals and mining over the next decade, the latest move by the state-owned miner as it aggressively expands in the sector….
Silver market deficit due all year: Fitch’s BMI
Industrial and retail demand for silver through last year into January pushed prices over $90 an oz. for the first time in history as it outperformed gold, the go-to safe-haven…
Trump opts for trade talks over mineral tariffs
U.S. President Donald Trump is choosing trade talks with price floors rather than imposing new tariffs on critical mineral imports after a government probe found the lack of supplies affects…
Energy Fuels eyes top Western rare earths output
A new bankable feasibility study for Energy Fuels’ (TSX: EFR; NYSE: UUUU) White Mesa mill in Utah suggests the plant could become one of the biggest producers of separated rare…
US lawmakers propose $2.5B minerals reserve
A bipartisan group of U.S. lawmakers on Thursday introduced legislation to create a $2.5-billion critical minerals stockpile as a counter to China’s dominance in the sector, according to Reuters. A…
Taylor Swift’s vintage ring shines new light on diamond industry
Some in the battered diamond industry believe an unlikely figure, pop star Taylor Swift, may have done more to revive interest in natural diamonds than years of marketing campaigns. Diamond…
Podcast: Targeting Fed threatens dollar, ft CPM Group’s Christian on gold, silver
This week’s episode features Jeffrey Christian, Managing Partner at CPM Group in New York, in conversation with host Adrian Pocobelli on the precious metals markets. Christian explains how growing threats…