AI to boost copper demand 50% by 2040: S&P
A rapid and exponential growth in artificial intelligence (AI), defence spending and robotics will lift global copper demand by 50% by 2040, leaving a supply shortfall of more than 10…
Canada
Nickel spikes on Indonesia quota risk
Nickel extended its rally on Wednesday after reports of deep mining-quota cuts this year in Indonesia tightened supply expectations. The London Metals Exchange (LME) three-month contract traded around $18,460 (about…
US awards $2.7B in uranium enrichment orders
The United States Department of Energy awarded contracts worth $2.7 billion (C$3.7 billion) to three companies in a bid to boost domestic uranium enrichment capacity over the next decade and…
Copper prices hit yet another record
Copper prices surged to a fresh record on Tuesday as supply disruptions and U.S. trade uncertainty continue to fuel a sharp early-year rally across base metals. Benchmark three-month copper on…
Centerra rises on Mt Milligan copper-gold life boost
Centerra Gold (TSX: CG; NYSE: CGAU) gained the green light to extend operations until 2035 at its Mount Milligan copper-gold mine from British Columbia’s Environmental Assessment Office (EAO). Shares rose….
Mineral, metal prices to edge higher: Fitch’s BMI
Most mineral and metal prices are expected to increase slightly this year as robust demand and tighter supply combine with declining tariff uncertainties, according to BMI, a unit of Fitch…
London Symposium JV video: Generation Mining closes in on Marathon financing
Generation Mining (TSX: GENM; OTCQB: GENMF) is closing in on a financing package to build its permitted $992 million (US$703 million) Marathon palladium-copper project in northwestern Ontario, chairman Kerry Knoll…
Gold jumps after Venezuela president captured
Gold advanced nearly 3% on heightened geopolitical tensions following the capture of Venezuela President Nicolás Maduro by United States special operations forces. Spot gold hit a one-week high of $4,455.42…
Sprott kicks off year with 100,000-lb uranium buy
The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD), the world’s largest holder of physical uranium is hitting the ground running in 2026 after it bought 100,000…
Trapper emerges as Saga’s top titanium-vanadium plot
Initial drilling by Saga Metals (TSXV: SAGA; US-OTC: SAGMF) at its Radar iron-titanium-vanadium project in Labrador is revealing high grades at shallow depths that show its Trapper target rivals the…
NorthWest Copper finds shallow copper, gold in B.C.
NorthWest Copper (TSX-V: NWST) says drilling at its main Kwanika project in British Columbia yielded near-surface copper and gold in two different zones. Hole K-25-287 cut 47.5 metres grading 1.22%…
London Symposium video: McEwen touts Milei boost for Los Azules copper
Argentina’s pro-business shift under President Javier Milei makes it easier to move McEwen’s (NYSE, TSX: MUX) $3.1-billion (C$4.3 billion) Los Azules copper project towards construction, founder Rob McEwen says, provided…