Diamond miners face turning point amid weak prices: report
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…
Analysis
Mining’s old guard needs strong medicine
MINING.COM’s ranking of world’s 50 most valuable miners enjoyed a combined market capitalization of US$1.51 trillion at the end of Q3, up by single digits since the start of the…
Could Trump’s deregulation quest speed permitting in Canada too?
U.S. president-elect Donald Trump made two picks for key posts in his administration last week that signal he’s serious about rolling back environmental regulations and speeding up permitting for oil…
Gold looks good on Trump tariffs, tax cuts
Donald Trump’s presidential win is likely to be gold positive in the medium term, according to John Reade, chief market strategist for the World Gold Council. The potential for higher…
Strong demand to boost aluminum price, despite surplus this year: Fitch
Aluminum prices are expected to stay elevated this year owing to a tightening market balance on the back of strong growth in global demand outpacing supply, says BMI, a unit…
Russia’s Wagner Group linked to US$2.5B in illicit gold trading – report
The Wagner Group has earned over US$2.5 billion from illicit gold mining since the invasion of Ukraine, according to a report by the World Gold Council. The report, authored by former…
Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The amount spent to find new mineral sources may grow little next year, even if gold prices continue their record run and President-elect Donald Trump cuts red tape, according to…
Uranium price to recover next year on shortage, Trump policy, Sprott CEO says
The price of uranium will rebound from its lowest level in a year as supply shortages, nuclear energy’s promise for clean energy and president-elect Donald Trump’s America-first security stance provide…
Risks rise in Mali as junta holds Resolute CEO
Shares in Resolute Mining (ASX: RSG; LSE: RSG) lost a third of their value on Monday after the Australian gold miner said Mali’s military government detained CEO Terence Holohan and two senior…
Copper price, stocks hammered as Trump tariff, China worries mount
December copper came under renewed pressure on Monday, falling some 1.7% to under US$4.23 per lb. (US$9,320 per tonne) in afternoon trading on the CME in Chicago, bringing losses since…
Infographic: Following uranium production and price trends in the US
The United States was the world’s leading producer of uranium until the 1980s. Though today other countries such as Kazakhstan, Namibia and Canada top the rankings of producers, the rise…
Gold falls after sweeping Trump win boosts dollar
Gold prices fell 2% overnight after Donald Trump won the United States presidency in an election victory that swept across the nation with more support than his 2016 win. Bullion…