Despite gold drop JPMorgan sees $6,300 this year
JPMorgan is maintaining a bullish outlook on gold prices by setting an end-of-year price target of $6,300 an oz. amid a broader shift towards hard assets. In a note published…
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Capstone restarts a limited Mantoverde as strike lingers
Capstone Copper (TSX: CS; ASX: CSC; US-OTC: CSFFF) resumed operations at its Mantoverde mine in Chile this weekend despite failing to resolve a month-old strike that will cap output. Mantoverde…
Trump’s $12B minerals vault to cut China reliance
U.S. President Donald Trump launched a strategic stockpile of critical minerals on Monday backed by $12 billion to protect manufacturers from supply disruptions as the country accelerates efforts to reduce…
Kazatomprom plans 9% uranium output rise this year
Kazatomprom (LSE: KAP), the world’s top uranium producer, forecasts output will rise about 9% to 71.5 to 75.4 million lb. this year compared to last year. The increase is mostly…
Mining equities have room to run: BMO
Mining and metals stocks remain positioned for further gains in the mining equity cycle, despite a sharp selloff on Friday and new concerns about China’s copper demand, according to an…
Near 400 feared dead in DRC mine collapse
Up to 400 people are feared dead after heavy rains triggered landslides at an informal mining site in eastern Democratic Republic of Congo, one of the deadliest recent accidents in…
VRIC Video: Dakota Gold pushes towards Richmond Hill PFS
Dakota Gold (NYSE-A: DC) is advancing its Richmond Hill project in South Dakota’s historical Homestake district towards a prefeasibility study within months and first production in three years, CEO Robert…
JV Video: Canadian Energy Metals’ Thor PEA supports Sask. alumina play
Calgary-based private developer Canadian Energy Metals has released a preliminary economic assessment for building a $6.3 billion (C$8.6 billion) alumina business around its Thor project in east-central Saskatchewan. The deposit…
Glencore says key issues remain in Horne smelter talks
Glencore (LSE: GLEN) said it remains at loggerheads with Quebec over the future of its controversial Horne smelter on the eve of a self-imposed deadline to settle the century-old facility’s…
Australian lithium miners PLS, MinRes plot expansions, restarts after price triples
Australian hard rock lithium producers are gearing up to boost supply as spodumene prices have more than tripled since early December. On Friday, Australian major PLS Group (ASX: PLS) reported…
Centerra falls after explosion at smelter
Centerra Gold (TSX: CG; NYSE: CGAU) stock plunged after the miner said it suspended operations at its Langeloth metallurgical facility in Pennsylvania due to an explosion. Shares of Centerra fell 8%…
Silver, gold fall as U.S. dollar rebounds on next Fed chair
Precious metals prices plunged on Friday as a rebound in the U.S. dollar led some investors to book profits on the metals. Silver plunged 22% to trade at $90.73 an…