Goldman Sachs hikes copper price forecast
Goldman Sachs has raised its near-term copper price outlook, citing a de-escalation in global trade tensions and resilient demand from top consumer China. In a note published Wednesday, the bank…
Commodities Markets
Copper price volatility to persist on tariff risks
The global copper market has resembled a rollercoaster ride in recent weeks. After surging to a record high in late March amid concerns over U.S. tariffs, the metal quickly plunged…
Private equity mining deals to rise: S&P Global
Private equity deals in the mining sector are expected to grow as demand for minerals essential to the global energy transition continues to rise, S&P Global says in a new report….
Supply risks trump demand concerns: Cameco CEO
Global utilities have their work cut out if they hope to secure enough uranium to meet demand over the next 20 years, Cameco (TSX: CCO; NYSE: CCJ) CEO Tim Gitzel…
Atlantic Lithium asks Ghana for tax relief to save mine
Australia’s Atlantic Lithium (ASX: A11) has appealed to the Ghanaian government for fiscal concessions to keep its Ewoyaa lithium project afloat, warning that the collapse in lithium prices has put…
JPMorgan sees $4,000 gold price in a year
JPMorgan sees gold prices hitting the $4,000-per-oz. milestone by the second quarter of 2026 as the probability of a recession rises amid an ongoing global trade war. “Underpinning our forecast…
RANKED: World’s biggest copper mines
Copper is the metal most tied to the global economy because of its essential role in sectors from transportation to manufacturing and electrification. A growing emphasis on clean energy means…
Citi softens short-term bearish outlook on copper
Citigroup has softened its short-term bearish outlook on copper by lifting its three-month price target to $8,800 a tonne, citing United States President Donald Trump’s recent decision to suspend many…
Don’t tariff copper imports, limit exports: US industry
Some key players in the United States copper industry are urging President Donald Trump to forgo import tariffs and instead opt for targeted export restrictions in a bid to revive homegrown production….
Goldman Sachs upgrades gold forecast to $3,700
Goldman Sachs has once again lifted its year-end price target for gold — this time to $3,700 an oz. — amid uncertainty surrounding the state of the global economy. In…
Unions back big Hudbay project as copper price gyrates
Canadian miner Hudbay Minerals (TSX, NYSE: HBM) has reached an agreement with a coalition of union building trades to support the construction of its Copper World mine in Arizona. The…
Petra Diamonds delays sale amid US tariffs uncertainty
Africa-focused Petra Diamonds (LSE: PDL) has postponed a scheduled sale of about 200,000 carats of diamonds from its Cullinan mine in South Africa, citing uncertainty over the impact of new…