UBS lifts mid-2026 gold price forecast to $4,500
UBS Group has raised its 2026 mid-year gold price target to $4,500 an oz., up from $4,200 previously, as the Swiss bank sees further momentum in a rally that has…
Stock Markets/Investing
Allied Critical grows Portugal tungsten resource
Canadian tungsten explorer Allied Critical Metals (CSE: ACM) rose on Thursday after reporting a significant resource increase for its Borralha project in Portugal ahead of a preliminary economic assessment (PEA)…
Anglo-Teck deal hangs on redomiciling: Globe
The federal government is pressuring Anglo American (LSE: AAL) to become legally Canadian on top of moving its headquarters to Vancouver as it scrutinizes the British miner’s $50-billion (C$69-billion) bid…
Friedland opens $2B Platreef mine in South Africa
Billionaire Robert Friedland’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has cut the ribbon on its long-awaited Platreef platinum mine, with South African President Cyril Ramaphosa presiding as Johannesburg hosts G20…
Freeport to restore more Grasberg output next year
Freeport-McMoRan (NYSE: FCX) says it plans to restore large-scale production at Indonesia’s Grasberg mine from next year’s second quarter after a mudslide killed seven workers in September. Grasberg’s Block Cave…
MP Materials soars on Saudi rare earth JV
MP Materials (NYSE: MP) has teamed up with the U.S. Department of Defense to form a joint venture in Saudi Arabia with Maaden, the kingdom’s main mining company, to build…
Americas Gold expands Idaho presence with $65M deal for historic mine
Americas Gold and Silver (TSX: USA; NYSE-A: USAS) is paying $65 million to acquire privately owned Crescent Silver and its past-producing mine in Idaho as the miner looks to expand…
Barrick options Midland’s Quebec gold project
Barrick Mining (TSX: ABX) (NYSE: B) has entered into an option agreement with Canadian gold junior Midland Exploration (TSXV: MD) for its Lewis property in Quebec. Under the terms, Barrick can…
Skyharbour, Denison strike $61.5M pact
Skyharbour Resources (TSXV: SYH) has formed four joint ventures with Denison Mines (TSX: DML; NYSE-A: DNN) at its Russell Lake uranium project in Saskatchewan’s Athabasca Basin. Denison plans to invest…
Ottawa, Manitoba boost Churchill for mineral trade
Ottawa and Manitoba are increasing support for the Port of Churchill to advance rail upgrades, add critical minerals storage and push a northern export corridor for Canadian miners. The joint…
Friedland-backed Sunrise raises $30M for scandium mine pre-construction
Sunrise Energy Metals (ASX: SRL), the Australian scandium developer backed by Robert Friedland, is looking to raise A$46 million (US$30 million) through a share placement to fund pre-construction at its…
Rio Tinto halts Jadar project in Serbia: report
Rio Tinto (NYSE, LSE, ASX: RIO) plans to pause its development of the long-delayed Jadar lithium project in Serbia to cut costs and shift focus elsewhere, Bloomberg reported on Thursday….