Russia’s Ukraine invasion to fuel reorientation of commodity markets: BMO
Russia’s invasion of Ukraine, already pushing up prices for an array of commodities rapidly higher since it began on Feb. 24 – including adding a record 250% to the price…
Metals and Minerals Markets
Chile steps closer to resource nationalism
A committee tasked with rewriting the Chilean constitution has approved an early-stage proposal that opens the door to the country nationalizing some of the world’s most significant copper and lithium…
In charts: EV metal demand accelerates in the second half of 2021
A 62% jump in passenger electric vehicles (EVs) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector,…
Russia-Ukraine tension may give rise to a new commodity world order
The Russian invasion of Ukraine has the potential to establish a new commodity world order that tilts reliable supply toward North America, Bloomberg Intelligence says in a research note. Analyst…
Kinross suspends Russian operations
Kinross Gold (TSX: K; NYSE: KGC) has announced overnight that it will suspend all development work at its Udinsk gold project in Russia as international sanctions and legal restrictions intensify…
GMS: Mark Cutifani talks up Anglo American’s future-facing metals strategy
Anglo American (LSE: AAL; US-OTC: NGLOY) is charting a future-facing path forward by strategically positioning its diversified portfolio of mines to service the emerging energy revolution, CEO Mark Cutifani told…
SolGold’s new CEO takes a fresh look at Cascabel’s Alpala development
Australia-based copper project developer SolGold (TSX: SOLG; LSE: SOLG) is taking a more measured approach to developing its Alpala copper-gold project at the Cascabel property in Ecuador, new managing director…
Kinross says its Russian gold mines unaffected by sanctions
Canadian senior miner Kinross Gold Corporation (TSX: K; NYSE: KGC) says its operations in Russia are operating to plan and currently remain unaffected by Western and US sanctions announced on…
USGS publishes 2022 critical minerals list
The US Geological Survey (USGS) has released the final list of 50 critical minerals the domestic economy requires for economic and national security. The new list builds on the initial…
In charts: Copper project pantry bare from 2025
Bank of America (BofA) Global Research analysts expect the copper market to flip back to a deficit from 2025 onwards following the completion of the current wave of project buildouts,…
Newmont declares industry-leading dividend
The board of the world’s largest gold miner, Newmont (TSX: NGT; NYSE: NEM), has declared a fourth-quarter dividend of US55c per common share, maintaining its position as the highest dividend…
American Pacific Mining rides high on third round of Madison drilling
Despite coming off recent highs, the Toronto-quoted shares in copper explorer American Pacific Mining (CSE: USGD; US-OTCQB: USGDF) continue to trade nearly 520% higher over the 12-month frame following a…