Batteries enter high demand, low price phase: IEA
The global battery market is entering a new stage as demand continues to rise while prices of raw materials decline, the International Energy Agency says in a report on the…
Commodities Markets
TNM Editorial: The price of metals, the value of elections
To help mark 110 years at The Northern Miner, we’ve started a feature each month to include some Blasts from the Past. Take a look at page 39 in the…
Rare yellow diamond found at Rio Tinto’s Diavik mine
Rio Tinto (NYSE, ASX, LSE: RIO) has unearthed a 158.20-carat gem-quality yellow diamond at its Diavik mine in the Northwest Territories. The precious rock is one of only five yellow…
Codelco regains title as world’s top copper producer
Codelco has resumed its position as the world’s largest copper producer after reporting 2024 output slightly more than BHP (NYSE: BHP). Chile’s state-owned miner produced 1.44 million tonnes of copper…
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…
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.