War-driven LNG squeeze revives thermal coal: analyst
Thermal coal could climb 46% per tonne if the Iran War disrupts liquefied natural gas producers for another month or two, reopening a profit window for major Australian coal miners. The…
Commodities Markets
Gold price drops to one month-low
Gold dropped below the $5,000-an-ounce level for the first time in a month amid concerns that conflict-induced inflation could derail the Federal Reserve’s rate-cut path. On Wednesday, spot gold went…
Gold eyes second weekly loss, silver price drops further
Gold slipped below $5,100 an oz. on Friday, heading towards a second consecutive weekly drop, as high energy prices stemming from the Middle East war continue to drive high-interest expectations….
Open-pit gold miners most exposed to inflation: Jefferies
Gold miners with large open-pit operations could face the biggest margin pressure from the conflict in the Middle East as higher oil prices threaten to lift fuel and consumable costs…
Investors prefer North America to Africa: Sprott chief
Rising gold and silver prices – and the resource nationalism they have fuelled in some African countries – are making North American mines and projects more attractive to global miners amid a search for stable operating environments, says Sprott Asset Management’s chief investment officer. …
Oil shock could sharply raise mining costs: BMO
If crude hits $100 a barrel, mining costs could rise about 20% for iron ore, 16% for copper and 9% for gold.
Editorial: The new feasibility
All the largest companies are doing it. Why shouldn’t Canada do it, too? The global mining industry has converged on a single idea: copper is the most important strategic metal….
Middle East conflict jolts energy and metals markets
BMO analysts warn disruptions to oil, chemicals and minerals could reshape commodity markets if tensions persist.
Canada’s weakness lies beyond the mine gate, MPs hear
Canada’s critical-minerals fragility lies more with what happens after ore leaves the ground than the ore in the ground, witnesses told a parliamentary panel this week. In the House defence…
Lynas-Japan deal ‘insulates’ from China rare earth prices
A revised deal between Australia’s Lynas Rare Earths (ASX: LYC; US-OTC: LYSDY) and Japanese customer JARE firms up supplies of heavy rare earths and creates a price floor as a…
Nickel market could turn to deficit amid Indonesia quota
Nickel prices could climb further this year as a global supply shortage caused by top producer Indonesia’s decision to limit its production starts to bite, potentially sending the market into…
Gold price up as Trump remarks calm inflation fears
Gold advanced on Tuesday after United States President Donald Trump’s latest comments on the Middle East war drove down oil prices and eased inflationary concerns. Spot gold gained as much…