Kazatomprom plans 9% uranium output rise this year
Kazatomprom (LSE: KAP), the world’s top uranium producer, forecasts output will rise about 9% to 71.5 to 75.4 million lb. this year compared to last year. The increase is mostly…
Russia and Central Asia
Uranium entering multi-year bull market: report
The global uranium market is entering a “tipping point” where sustained demand for the energy fuel and supply constraints could lead to a significant price rally in the coming years,…
ERG earmarks $1B for Kazakhstan operations
Eurasian Resources Group (ERG) plans to invest more than $1 billion in its mining and metallurgical assets in Kazakhstan, the largest investment in ERG’s projects in the Central Asian country…
Goldman boosts year-end gold price forecast to $5,400
Goldman Sachs has lifted its year-end forecast for gold to $5,400 (C$7,542) per oz. to reflect the yellow metal’s growing appeal among private-sector investors. In a note published Wednesday, the…
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…
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…
AI boom set to turbocharge uranium demand in 2026
Investor surveys and asset managers point to AI-driven power demand tightening uranium supply and supporting higher prices into 2026.
Indonesia may slash nickel output to steady prices
Indonesia, the world’s top nickel producer, might reduce production by one-third in 2026 to keep prices from declining further. In its 2026 Work Plan and Budget, the Indonesian government is…
Copper price hits record on U.S. growth hopes, China
Copper hit a record high Friday before easing amid expectations of faster U.S. economic growth and continued economic support from the Chinese authorities. Three-month futures on the London Metal Exchange…
Kimberley Process stalls again on conflict diamonds
The Kimberley Process (KP) has failed for a third straight year to agree on an expanded definition of conflict diamonds after a five-day plenary in Dubai. Delegates from 86 member…
Interactive: Global uranium demand
While nations need reliable, low-carbon energy to meet rising demand and reach climate goals, nuclear power is staging a powerful comeback. This infographic surveys the global nuclear energy…
Kazakhstan, US sign critical minerals pact
Kazakhstan, the world’s biggest uranium producer, has signed a memorandum of understanding with the United States government in the field of critical minerals. The document was signed by Yersayin Nagaspayev,…