Deep Sea Minerals seeks Pacific exploration license
Deep Sea Minerals (CSE: SEAS) said it’s seeking the right to explore for polymetallic nodules in the Pacific Ocean. The application, submitted to the United States National Oceanic and Atmospheric…
Asia
Prolonged Iran war would hammer top copper miners
A prolonged Iran conflict could push copper into surplus and sharply cut earnings for major producers, according to Bloomberg Intelligence. Oil above $150 a barrel in a drawn-out war that…
Central banks’ gold buying momentum carries into 2026
Central banks remained firm buyers of gold in January even as prices were skyrocketing to records — though the institutions’ appetite for bullion could face a stern test amid rising…
U.S. joins $1T mineral security consortium
The United States plans to commit $250 million towards a new investment vehicle aimed at securing critical mineral and energy supply chains, as Washington steps up efforts to counter geopolitical…
Gold price rebounds from 2026 low as Trump postpones attack on Iran
Gold recovered from a dramatic decline on Monday after U.S. President Donald Trump postponed military strikes against Iran, easing market worries of inflation caused by a prolonged war. Earlier, spot…
China spent $120B to lock down critical minerals overseas: report
China has invested more than $120 billion in overseas mining and upstream processing since 2023, accelerating a state-backed push to secure the raw materials underpinning the global energy transition, says…
Lynas Rare Earths produces first samarium
Lynas Rare Earths (ASX: LYC) has produced its first samarium oxide from its plant in Malaysia, becoming the only non-Chinese producer of the mineral. This expands Lynas’ range of separated…
War-driven LNG squeeze revives thermal coal: analyst
Thermal coal could climb 46% per tonne if the Iran War disrupts liquefied natural gas producers for another month or two, reopening a profit window for major Australian coal miners. The…
Investors prefer North America to Africa: Sprott chief
Rising gold and silver prices – and the resource nationalism they have fuelled in some African countries – are making North American mines and projects more attractive to global miners amid a search for stable operating environments, says Sprott Asset Management’s chief investment officer. …
Oil shock could sharply raise mining costs: BMO
If crude hits $100 a barrel, mining costs could rise about 20% for iron ore, 16% for copper and 9% for gold.
Editorial: The new feasibility
All the largest companies are doing it. Why shouldn’t Canada do it, too? The global mining industry has converged on a single idea: copper is the most important strategic metal….
Middle East conflict jolts energy and metals markets
BMO analysts warn disruptions to oil, chemicals and minerals could reshape commodity markets if tensions persist.