Copper deficit narrows slightly to 475,000 tonnes in 2021
The global refined copper market showed a 92,000 tonnes deficit in December, compared with a 123,000 tonnes deficit in November, the International Copper Study Group (ICSG) said in a new…
United States
Wolfden hits 50 metres of 173.3 g/t silver equivalent in expansion drilling at Big Silver
Wolfden Resources (TSXV: WLF) has received results from last year’s drilling at the Big Silver project in Maine, where the company holds the mineral rights to a land package of…
Wheaton Precious shares drop on earnings miss
The New York-quoted equity of Wheaton Precious Metals Corp. (Nasdaq: WPM: TSX: WPM) fell on Friday after the company overnight reported lower earnings and revenue, missing analyst forecasts for the…
Sanctioned Russian nickel could slow global EV adoption, report
Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to a new report from GlobalData. The result, such actions will…
In charts: EV metal demand accelerates in the second half of 2021
A 62% jump in passenger electric vehicles (EVs) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector,…
How much could battery recycling actually aid cobalt, lithium supply shortages?
A recent report by IDTechEx estimates that less than 8% of the global cobalt demand and 6% of the lithium demand will be supplied by recycled Li-ion batteries by 2030….
GMS: Mark Cutifani talks up Anglo American’s future-facing metals strategy
Anglo American (LSE: AAL; US-OTC: NGLOY) is charting a future-facing path forward by strategically positioning its diversified portfolio of mines to service the emerging energy revolution, CEO Mark Cutifani told…
Donlin Gold drilling returns 14 metres at 23.5+ g/t for partners Barrick, NovaGold
The final drill assays for 2021 continue to return high grades from the Donlin gold project, 450 km northwest of Anchorage, Alaska. This marks the end of last year’s 79-hole,…
Electra partners with Glencore, Talon and Ontario government on battery materials park study
Electra Battery Materials (TSXV: ELBM; US-OTC: ELBMF) is partnering with Glencore (LSE: GLEN), Talon Metals (TSX: TLO) and the Government of Ontario to assess the potential of creating a battery…
USGS publishes 2022 critical minerals list
The US Geological Survey (USGS) has released the final list of 50 critical minerals the domestic economy requires for economic and national security. The new list builds on the initial…
In charts: Copper project pantry bare from 2025
Bank of America (BofA) Global Research analysts expect the copper market to flip back to a deficit from 2025 onwards following the completion of the current wave of project buildouts,…
Newmont declares industry-leading dividend
The board of the world’s largest gold miner, Newmont (TSX: NGT; NYSE: NEM), has declared a fourth-quarter dividend of US55c per common share, maintaining its position as the highest dividend…