Friedland says expansion at ‘vast’ Platreef on track
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says it has achieved three milestones in the stage two expansion of its Platreef mine in South Africa, placing it on track for a…
Africa
Lithium market to enter deficit until 2035: Canaccord
The global lithium market is set to enter a near-decade-long deficit as a lack of mine investment weighs on supply of the electric vehicle battery metal, according to investment bank…
Copper price: Goldman maintains year-end forecast, Traxys sees $15,000 per tonne
Copper held firm above the $13,200-a-tonne level on Wednesday amid elevated supply risks caused by the ongoing war in the Middle East and optimism over its demand. Prices briefly surpassed…
Gold price extends drop amid US-Iran uncertainty
Gold prices extended declines on Tuesday, as investors remained cautious over United States-Iran negotiations to end the near-two-month war that has intensified global inflation concerns. Spot gold fell more than…
DRC boosts US copper sales fivefold to 500,000 tonnes
The Democratic Republic of Congo has raised planned copper sales to the United States to 500,000 tonnes through a state-backed marketing venture, marking a fivefold increase from its initial January…
Angola flooding closes African copper export route
Flooding in Angola has halted rail traffic along the Lobito Corridor, disrupting a key export route for copper and cobalt from Central Africa and raising the prospect of supply bottlenecks…
Kodal ships record lithium from Bougouni in Mali
West Africa-focused Kodal Minerals (LSE: KOD) reported on Tuesday higher production, shipments and revenue at its Bougouni lithium mine in Mali in the first three months of the year, marking…
Prolonged Hormuz Strait closure would have ‘profound’ impact on mining: Friedland
Ivanhoe Mines (TSX: IVN) founder and co-chairman Robert Friedland is warning that a prolonged closure Strait of Hormuz would have a “profound” effect on global supply chains, hobbling copper producers…
Paladin’s Namibia restart sharpens Africa’s uranium relevance during wave of reactor builds
Paladin Energy’s (ASX, TSX: PDN) restart of the Langer Heinrich uranium mine in Namibia has put the country back on the map as one of the world’s top nuclear fuel…
KoBold begins AI-driven lithium push in DRC
KoBold Metals, the mining firm backed by U.S. billionaires Jeff Bezos and Bill Gates, has launched what it calls the largest lithium exploration campaign in history across the Democratic Republic…
BRICS+ nations hold 17% of gold reserves: report
Global central banks have been buying up gold at a record pace, purchasing on average about 1,000 tonnes over the past four years, and the momentum has continued into 2026….
Opinion: The world of cheap oil is gone
Are we living in the 1970s? I can’t tell you, I wasn’t there, but it’s an interesting analogy. Then, as today, we have the fear of inflation, the eroding value of cash and now spiking oil prices. Of course, nothing can…