$4,800 gold price in 5 years: Incrementum
Gold could exceed $4,800 per oz. by December 2030 based on a probable base-case scenario, Liechtenstein-based gold fund Incrementum outlined in its In Gold We Trust report. The report’s base-case scenario…
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Lynas produces first heavy rare earths outside China
Australia’s Lynas Rare Earths (ASX: LYC) has become the first producer of so-called ‘heavy’ rare earths outside of China following the successful production of dysprosium at its Malaysia plant. Dysprosium…
Tungsten prices hit 12-year high on China’s limits
European tungsten prices have surged to their highest level since 2013, driven by China’s tightening grip on critical mineral exports and rising demand from sectors like electronics, defence and renewable…
Kazakhstan to build on $1B in investments
Kazakhstan, the world’s largest uranium producer, wants to diversify its mining sector and build on $1 billion (C$1.4 billion) in private investment over the past five years, a conference in…
Valley tonnage balloons in Snowline Gold update
A resource update for Snowline Gold’s (TSX-V: SGD; US-OTC: SNWGF) Valley project in east-central Yukon adds more than 3 million contained oz. in the measured category while almost doubling indicated…
Agnico lifts Foran stake but copper project costs jump
Canada’s Agnico Eagle (TSX, NYSE: AEM) is increasing its stake in Foran Mining (TSX: FOM) which is coping with increased capital costs for its McIlvenna Bay copper-zinc-gold-silver project in Saskatchewan. …
First Quantum mine closure sucks $1.7B from Panama
First Quantum Minerals (TSX: FM) says its shuttered copper mine in Panama would have contributed more than $1.7 billion (C$2.38 billion) to the Latin American nation’s economy had it remained…
Saudis enter rare earths with MP Materials deal
MP Materials (NYSE: MP) has signed a deal with Saudi Arabia’s state miner Ma’aden to develop a rare earths supply chain in the kingdom, covering everything from mining to magnet…
US signs tin deal with Rwanda
The United States has established a new supply of tin, which it hasn’t mined in more than three decades, after Rwanda’s Trinity Metals agreed to export its mined products. Trinity…
Vizsla to buy Mexican silver-gold project near Panuco
Vizsla Silver (TSX, NYSE: VZLA) said it agreed to buy the Santa Fe project in western Mexico, south of its Panuco silver-gold property, from a local investor. Shares jumped. Vancouver-based…
Podcast: Silver poised to break records, ft CPM Group’s Jeffrey Christian on precious metals
This week’s episode features Jeffrey Christian, managing partner at CPM Group, in conversation with host Adrian Pocobelli about the dynamics of the precious metals market. Christian offers insights into the…
Ivanhoe almost doubles Makoko copper resource in DRC
Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) said a new preliminary estimate for its Makoko district discoveries in the Democratic Republic of Congo shows that the resource base almost doubled from…