Gold hits new high as Goldman sees $3,300
Gold soared to a new record on Friday even as Canadian Prime Minister Mark Carney and U.S. President Donald Trump said they’d had a constructive phone conversation a day after…
Commodities Markets
Latam assets set to refill depleted mid-tier M&A pipeline, SCP says
Latin American projects are set to refill the mid-tier mergers and acquisitions pipeline, SCP Resource Capital says. Recent transactions have opened doors for new mid-tier companies, SCP analysts wrote in…
Video: States hike taxes, change contracts to seize more control, Verisk analyst says
Resource nationalism is on the rise globally. Governments have increased control over natural resources in 47 developing countries in the past five years, Verisk Maplecroft chief analyst Jimena Blanco noted…
Morningstar sees gold falling to $1,820 by 2030
Despite gold’s record-breaking rallies and banks doubling down on their bullish price forecasts, one analyst has a contrarian take on where the precious metal stands long term. According to David…
DRC to slap export quotas on cobalt
The Democratic Republic of Congo (DRC), the world’s largest cobalt producer accounting for three-quarters of output, plans to place export quotas on the battery metal after setting a four-month ban…
Gold price to reach $4,000 on central bank demand, DoubleLine’s Gundlach says
Gold added some more sparkle to the still-recovering financial markets on Friday by reaching the $3,000-an-oz. level for the first time. The die-hard bulls have long seen this coming, and…
Tin prices hit two-year high as Congo mine halts
Tin prices surged to their highest level in more than two years after Alphamin Resources (TSXV: AFM) suspended its Bisie mine because rebels in the Democratic Republic of the Congo…
Citigroup predicts LME copper price to hit $10,000 before US tariffs
The metal climbed in recent weeks after President Donald Trump ordered a probe into copper imports.
Tariff war drives commodity demand
As Canada and the European Union retaliated against United States tariffs on aluminum and steel imports, analysts at Macquarie said the chaos would hurt the global economy even while boosting…
PDAC: Insurance motive to keep pushing up gold prices
Insurance from currency devaluation is the main reason countries such as China are buying gold, driving up its price, panellists told the Prospectors and Developers Association of Canada conference. The…
Policy paralysis leaves B.C. mining with $38B in limbo, EY report finds
British Columbia’s grassroots exploration sector faces a structural shift as flagship projects mature and early-stage exploration funding dries up, a new survey found. Exploration spending dropped 14% to $552 million…
Cameco books record output amid integration hurdles, supply chain strains
Cameco (TSX: CCO; NYSE: CCJ), Canada’s uranium giant, had mixed results in 2024. While it achieved record output, the company faced challenges with acquisition integration and supply chain issues. For…