PDAC: Seafloor mining balances pros and cons
Commercial production of undersea mining could become a reality in less than five years, but at a potentially high cost to seafloor ecosystems, panellists told the Prospectors & Developers Association…
Asia
PDAC: Insurance motive to keep pushing up gold prices
Insurance from currency devaluation is the main reason countries such as China are buying gold, driving up its price, panellists told the Prospectors and Developers Association of Canada conference. The…
Fourth-largest gold producer due for IPO
The biggest gold company you may never have heard of — may, because The Northern Miner did cover it at length two years ago — could be heading towards an…
Trump, Zelenskyy nix minerals deal
United States President Donald Trump and his Ukraine counterpart Volodymyr Zelenskyy cancelled a mineral rights and security agreement at the White House on Friday after a news conference degenerated into…
Editorial: Still drilling after all these years
The Northern Miner turns 110 this March and is looking pretty good for its age. Much better, for example, than cobalt, which is also the name of the Ontario town…
Global exploration budgets fall as juniors tighten belts: S&P
Global nonferrous exploration spending declined for the second straight year due to financing challenges for junior miners, S&P Global said. Global spending dropped 3% to $12.5 billion, S&P’s Corporate exploration…
Cameco books record output amid integration hurdles, supply chain strains
Cameco (TSX: CCO; NYSE: CCJ), Canada’s uranium giant, had mixed results in 2024. While it achieved record output, the company faced challenges with acquisition integration and supply chain issues. For…
TMC shares surge on high-grade alloy production
The Metals Company (Nasdaq: TMC) shares jumped 27% on Wednesday after it announced the successful production of high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign in Japan. The…
Barrick’s global gold reserves rise 23%
Barrick Gold (TSX: ABX, NYSE: GOLD), whose stock price has lagged that of rivals amid woes in Africa and elsewhere, said global gold reserves jumped 23% last year after a…
Nickel Industries makes money in weak market
In a market that has seen few winners in recent years, Australia’s Nickel Industries (ASX: NIC) continues to strengthen its position. The company has been operating in Indonesia for over…
Gold hits new record after all-time high demand
Total annual gold demand touched an all-time high last year in line with record prices for the yellow metal while the Trump administration’s widespread sowing of uncertainty continues to support…
Chinese investors control 75% of Indonesia nickel refining capacity: report
Chinese investors have managed to gain control over most nickel refining capacity in Indonesia, the world’s biggest producer of the mineral – a dominance that may give China a greater…