Hormuz shock drives coal to 14-year high
Coal investment will reach $180 billion (C$250 billion) this year, up 4% from last year and the highest since 2012, as the Middle East conflict pushes Asian countries to produce…
Analysis
How to dodge the Iran war
Soaring fuel and chemicals prices triggered by the war in the Middle East are pushing global miners to dig deep for creative solutions. Take the case of Marimaca Copper (TSX: MARI; ASX: MC2), which…
Copper prices must rise as supply crunch looms: Giustra
Copper prices will need to rise sharply as miners struggle to build enough new supply to meet demand from electrification, artificial intelligence and grid expansion, mining financier Frank Giustra says….
Petra Diamonds sidelines Finsch mine, cuts jobs
Petra Diamonds (LSE: PDL) is placing its Finsch mine into business rescue and cutting jobs across its South African operations as collapsing diamond prices and a strong rand threaten the…
CHARTS: How the sulphuric acid crunch is driving up critical minerals costs
Conflict in the Middle East and the closure of the Strait of Hormuz have sent sulphuric acid prices soaring, sharply increasing production costs for lithium, nickel and other critical minerals…
Iran war squeezes acid, aluminium, miners’ margins: WoodMac report
The Iran war around the Strait of Hormuz is starting to hit miners far from the Persian Gulf, Wood Mackenzie warned on Wednesday. The conflict is choking sulphur shipments that…
Discovery Silver-backed Abitibi Metals drills 3.6% copper at B26 in Quebec
Abitibi Metals (CSE: AMQ; US-OTC: AMQFF) has returned one of its strongest copper-gold intercepts yet at the B26 polymetallic project in western Quebec, as drilling continues to define higher-grade zones…
Colombia election could reshape copper investment
Colombia’s presidential election this weekend could determine whether one of Latin America’s most underexplored copper frontiers attracts billions in mining investment or sinks deeper into regulatory uncertainty and security turmoil….
BC’s critical minerals push faces delivery test: PwC
British Columbia and the Yukon risk losing ground in the global critical minerals race unless they can accelerate mine construction, power infrastructure and permitting as demand shifts from commodity cycles…
CHART: Copper price surge mints 23 unicorn mines
Tech venture capitalists invest in startups and get to call them unicorns. The official definition of a unicorn is a startup with a $1 billion valuation while still a private company. There are 1,765 unicorns globally, past…
Podcast: ‘A scarcity of assets’—Canaccord Genuity’s Cam Currie talks mining stocks
This week’s episode features Cam Currie, Senior Investment Advisor at Canaccord Genuity Wealth Management and leader of the Currie Metals & Mining Group, in conversation with host Adrian Pocobelli about…
Podcast: Thermal coal back in spotlight amid oil supply concerns, ft Bloomberg Intelligence’s Alon Olsha
This week’s episode features Alon Olsha, Senior Analyst for Metals & Mining at Bloomberg Intelligence, in conversation with host Adrian Pocobelli about recent developments in the thermal coal market. Olsha…