JP Morgan sees $5.50 copper, deficit worsening
J.P. Morgan has raised its long-term copper price forecast by 9.1% due to widening structural supply deficits and sharply higher capital costs that will require massive investment in new mine…
Australia, NZ & South Pacific
Resolute secures Doropo gold mine OK in Côte d’Ivoire
Resolute Mining (ASX: RSG) has secured a 14-year mining permit for its Doropo gold project in Côte d’Ivoire, clearing the final regulatory hurdle to develop the mine and lift the…
BHP selects largest intake for Xplor program
BHP (ASX, LSE: BHP) has selected its largest intake for the annual Xplor program aimed at supporting companies involved in early stages of mineral exploration. The Australian miner announced this…
Rio Tinto, Glencore nix $260B mega-merger
Rio Tinto (ASX, LSE, NYSE: RIO) and Glencore (LSE: GLEN) have scrapped plans for a $260-billion merger that would have created the world’s largest mining company. In a statement on Thursday,…
Regis revives McPhillamys after gold rally
Australian gold miner Regis Resources (ASX: RRL) has moved to revive its stalled McPhillamys gold project in New South Wales by seeking approval for a new waste storage design after…
Fitch Solutions’ BMI boosts industrial metals forecasts
Analysts at Fitch Solutions’ BMI have lifted their price forecasts for industrial metals to reflect the speculative momentum in the sector as well as strong market fundamentals and macroeconomic forces….
West speeds up pursuit of China in supply chain race
Lynas Rare Earths (ASX: LYC), Energy Fuels (TSX: EFR; NYSE: UUUU) and MP Materials (NYSE: MP) are among Western companies chipping away at China’s enormous lead in rare earths. Leading the charge is the Lynas Mt Weld mine in Western Australia and its…
Macro forces driving metals jump still intact: Jefferies
Gold’s sharp pullback last week may have handed investors a new entry point into mining equities because wider economic forces driving the recent “metals melt-up” remain intact, Jefferies argues in…
Copper is key at Rio-Glencore deadline
With the time limit for a Rio Tinto (NYSE, LSE, ASX: RIO) bid to acquire Glencore (LSE: GLEN) expiring this Thursday, The Northern Miner offers another look at how the…
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…
Glencore’s copper drops 11% as Rio takeover looms
Glencore’s (LSE: GLEN) copper production fell 11% in 2025, hitting the low end of guidance as weaker ore grades and operational constraints weighed on output, amid intensified investor attention on…
Copper rally lifts 2026 earnings view for miners: report
Rising spot metal prices are setting up one of the strongest earnings years in recent memory for diversified miners, with Rio Tinto (ASX: RIO, LSE: RIO) and Glencore (LSE: GLEN)…