Sherritt shares crater on Cuba sanctions shock
Sherritt International (TSX: S; US-OTC: SHERF) shares plunged 30% on Thursday after the Canadian miner suspended its direct participation in Cuba operations as a result of sweeping new United States…
United States
Gold price drops from two-week high
Gold set a two-week high before noon Thursday on optimism over a U.S.-Iran peace deal before losing most of its gains late in the North American trading day. Spot gold…
McEwen climbs on quarterly earnings beat
Shares of McEwen (NYSE, TSX: MUX) advanced after the Canadian gold and silver miner reported better-than-expected quarterly results. Net income for the first quarter reached $33.4 million or $0.56 per…
Rio Tinto boss pushes cost cuts with jobs in focus
Rio Tinto (ASX, NYSE, LSE: RIO) CEO Simon Trott said on Wednesday he will continue to streamline the company’s global operations with the goal of reaching billions of dollars in…
Gold price rebounds on US-Iran deal hopes
Gold bounced back on Wednesday to approach a two-week high, as optimism over a U.S.-Iran peace deal eased concerns over inflation and an extended period of high interest rates. Spot…
TMCR expands into iron ore with $133M US deal
The Metals Royalty Company (Nasdaq: TMCR), a spinoff from seabed mining hopeful The Metals Co. (Nasdaq: TMC), is buying a royalty on Mesabi Metallics’ iron ore project in Minnesota for…
Geopolitical shocks build copper’s bull case: Sprott
The investment thesis for copper is only getting stronger amid renewed emphasis on energy security and growing concerns over supply as the cost of metal production surges, according to Sprott…
Breaking the West’s uranium enrichment bottleneck
With a full U.S. ban on imported Russian enriched uranium set to take effect in 2028, Western utilities are moving to rebuild enrichment and conversion capacity. That shift is reshaping the economics of the nuclear…
Feds prep $1.5B tariff aid for metal producers
Canada’s federal government rolled out $1.5 billion in loans this week for companies grappling with new U.S. tariffs on steel, aluminum and copper products, a move that could adjust how…
Gold price continues to slide as US-Iran deal stalls
Gold dipped on Monday after two straight weekly declines, as a stalled United States-Iran deal continued to reinforce investor concerns over inflation. Spot gold fell as much as 1.8% to…
Will Iran war fuel nuclear reactor construction?
The war in Iran could usher in a wave of nuclear reactor construction similar to the one that followed the 1970s energy crisis, Cameco (TSX: CCO; NYSE: CCJ) President and…
Trump sons invested in US group developing $1.1B tungsten project in Kazakhstan: FT
A company backed by two of U.S. President Donald Trump’s children is said to have invested in a mining group that is developing a $1.1-billion tungsten project in Kazakhstan, the…