MinRes, Ganfeng pump cash into lithium JV
Australia’s Mineral Resources (ASX: MIN) is expected to inject A$150 million (US$98 million) into its troubled Mount Marion lithium operation as it battles a prolonged slump the battery metal’s prices….
Commodities Markets
Gold passes euro as second-largest reserve asset: ECB
Gold, driven by record purchases and surging prices, has overtaken the euro as the second most important reserve asset behind the dollar, the European Central Bank (ECB) says. According to…
Australia gold output falls as miners tap stockpiles
Gold mine output in Australia fell 7% quarter-over-quarter as more miners used lower-grade stockpiled material to blend into their mill feed, a new report says. Australia, the world’s largest gold…
U.S. lawmakers seek new Fort Knox gold audit
A group of Republican lawmakers has introduced a bill to initiate the first comprehensive audit of U.S. gold reserves since the 1950s, citing the need for greater transparency over the…
Mosaic cuts 2025 phosphate forecast
Mosaic (NYSE: MOS), the largest U.S. producer of phosphate fertilizers, has lowered its full-year 2025 production guidance as it navigates operational challenges across key plants. The revision weighed on its…
Cobalt Holdings drops London IPO plans
Metals investor Cobalt Holdings has dropped plans to list this month on the London Stock Exchange, cancelling what would’ve been that market’s biggest initial public offering in mining since 2018….
Copper price must double to meet future mining needs — study
To meet the world’s future needs, copper prices must at least double their current levels in order to incentivize companies to build more mines, a study published in the latest…
Can silver mining meet green transition demand?
Silver’s unique industrial role in solar panels, electric vehicles (EVs) and grid infrastructure is pushing demand to record highs, but miners and analysts are at odds over how to address…
Platinum seems near price surge: Sprott
Platinum may be on the cusp of a sustained price rise amid forecasts for reduced inventories and a third straight year of supply scarcity, Sprott Asset Management says in a…
CHART: Asian battery makers rule EV metals market
During the first quarter of 2025, a combined $3.01 billion worth of battery metals were contained in the packs of newly sold electric vehicles worldwide, up a modest 1.3% year…
Anglo American’s platinum spinoff debuts as Valterra
Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), began trading as a standalone entity on the Johannesburg Stock Exchange on Wednesday, marking the official demerger from parent company Anglo…
Top 10: World’s richest trophies by gold-silver weight
With many of the world’s biggest football leagues wrapping up this Sunday, it’s the perfect moment to consider the tangible value behind some of the world’s most coveted trophies. Stripped…