Gold looks good on Trump tariffs, tax cuts
Donald Trump’s presidential win is likely to be gold positive in the medium term, according to John Reade, chief market strategist for the World Gold Council. The potential for higher…
Politics
B.C. creates new mining ministry to tackle critical minerals amid doubts over capacity
British Columbia Premier David Eby on Monday split the Ministry of Energy, Mines and Low Carbon Innovation into two: Mining and Critical Minerals and Energy and Climate Solutions, to fast-track…
Uranium price to recover next year on shortage, Trump policy, Sprott CEO says
The price of uranium will rebound from its lowest level in a year as supply shortages, nuclear energy’s promise for clean energy and president-elect Donald Trump’s America-first security stance provide…
Risks rise in Mali as junta holds Resolute CEO
Shares in Resolute Mining (ASX: RSG; LSE: RSG) lost a third of their value on Monday after the Australian gold miner said Mali’s military government detained CEO Terence Holohan and two senior…
Copper price, stocks hammered as Trump tariff, China worries mount
December copper came under renewed pressure on Monday, falling some 1.7% to under US$4.23 per lb. (US$9,320 per tonne) in afternoon trading on the CME in Chicago, bringing losses since…
How oil and gas will fare in the Trump era
Trump is back, and the threat of tariffs looms large over China’s economy. On Wednesday, base and precious metal prices took a dive. Resource markets are deeply concerned about Trump’s…
Federal watchdog snaps at climate, Indigenous gaps in Ottawa’s critical minerals strategy
Canada’s auditor general criticized the federal critical minerals strategy for not adequately probing the impact increased mining will have on the environment and Indigenous communities. The government program issued in…
Barrick CEO expects deal with Mali on new mining code by year-end
Sources cited by Reuters report that Mali is seeking around $500m in unpaid taxes from Barrick.
Gold falls after sweeping Trump win boosts dollar
Gold prices fell 2% overnight after Donald Trump won the United States presidency in an election victory that swept across the nation with more support than his 2016 win. Bullion…
Fortescue founder plugs ‘real zero’ ambitions; calls Trump an ‘economic pragmatist’
Fortescue Metals Group (ASX: FMG) founder and executive chairman Andrew Forrest says that both the mining industry and the broader world are gradually embracing the concept of “real zero” over…
Glass half-full economy powers gold higher
“Stable but underwhelming growth” is what the International Monetary Fund has projected in its World Economic Outlook, released in late October. With wars in Ukraine and on two Israeli borders…
Military Metals buys Cold War-era antimony projects to light up West’s night vision goggles
Military Metals (CSE: MILI; US-OTC: MILIF) is buying two antimony projects in Slovakia dating from the Soviet era to boost Western supplies for defence applications such as night vision and infrared…