BHP, Rio test electric trucks to cut iron ore emissions
Industry leaders begin testing electric haul trucks as mining seeks to cut emissions at scale.
United States
China blacklists US firms in rare earths war
China has imposed export controls on two American rare earth companies central to U.S. efforts to build alternative supply chains for critical minerals used in advanced manufacturing and defence. MP…
EnCore OK’d to build South Dakota’s first uranium mine tapping underground brine
After more than a decade of local opposition, enCore Energy (Nasdaq: EU; TSXV: EU) has received federal approval to start building its Dewey Burdock project in southwest South Dakota, advancing…
Energy Fuels lands $725M Pentagon loan for rare earths
Energy Fuels (NYSE: UUUU; TSX: EFR) shares jumped on Thursday after the U.S. Department of Defense announced a conditional loan commitment of up to $725 million to expand the company’s…
Kristi Noem joins B.C copper junior as advisor
Kristi Noem, the former U.S. Secretary for Homeland Security, is entering the mining space as an advisor to a British Columbia-based junior. NovaRed Mining (CSE: NRED), which holds two early-stage…
Allseas ocean bottom mining contract violates UN law, Greenpeace-backed prof says
Plans by Swiss-Dutch offshore energy giant Allseas to operate deep-sea mining machinery for The Metals Company (Nasdaq: TMC) have “directly violated” the UN’s Law of the Sea, a legal analysis…
Podcast: Gold bull market still intact, ft CPM Group’s Jeffrey Christian
This week’s episode features CPM Group Managing Partner Jeffrey Christian in conversation with host Adrian Pocobelli. Christian discusses the outlook for gold, currencies, and energy markets, explaining why he says…
Switzerland loses its shine as central bank gold vault
While central banks worldwide continue to buy more gold, they’re increasingly not selling dollars to do it while cutting the amount they store in once-favoured Switzerland. After banks were net…
The metals AI data centres need most aren’t inside them
The power grid, not the server room, is where the global data centre boom is driving metals demand, according to Wood Mackenzie. Grid reinforcement, transmission networks and on-site power systems…
Barclays still bullish on gold price, sees drop as ‘reset’
Gold’s recent selloff should be attributed to a confluence of market forces rather than a single factor that led to a deterioration in its fundamentals, according to those at Barclays….
UBS sees gold price falling, but still long-term bullish
Amid gold’s recent weakness, UBS Group has once again trimmed its near-term outlook on the yellow metal, though the bank still sees prices reaching higher over the longer horizon. In…
Rinehart’s $1B SpaceX bet targets mining beyond Earth
Australia’s richest person Gina Rinehart sees potential ties between its critical minerals portfolio and Elon Musk’s space venture as demand grows.