Banks remain bullish on gold above $4,500
After delivering its best annual performance since 1979, gold is drawing fresh bullish calls from major banks as conditions line up for fresh record highs. In a note published on…
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Mineral, metal prices to edge higher: Fitch’s BMI
Most mineral and metal prices are expected to increase slightly this year as robust demand and tighter supply combine with declining tariff uncertainties, according to BMI, a unit of Fitch…
Lucara Diamond backs Karowe expansion
Canada’s Lucara Diamond (TSX: LUC) is pressing ahead with its plan to extend the life of the Karowe mine in Botswana after an updated feasibility study showed the underground project could…
Gold jumps after Venezuela president captured
Gold advanced nearly 3% on heightened geopolitical tensions following the capture of Venezuela President Nicolás Maduro by United States special operations forces. Spot gold hit a one-week high of $4,455.42…
Sprott kicks off year with 100,000-lb uranium buy
The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD), the world’s largest holder of physical uranium is hitting the ground running in 2026 after it bought 100,000…
BlueScope plays down $8.8B takeover bid
Australia’s BlueScope Steel (ASX: BSL) said Monday it will likely reject an A$13.2 billion (US$8.8 billion) takeover proposal from a consortium led by Kerry Stokes-backed SGH (ASX: SGH) and U.S.-based…
Trapper emerges as Saga’s top titanium-vanadium plot
Initial drilling by Saga Metals (TSXV: SAGA; US-OTC: SAGMF) at its Radar iron-titanium-vanadium project in Labrador is revealing high grades at shallow depths that show its Trapper target rivals the…
NorthWest Copper finds shallow copper, gold in B.C.
NorthWest Copper (TSX-V: NWST) says drilling at its main Kwanika project in British Columbia yielded near-surface copper and gold in two different zones. Hole K-25-287 cut 47.5 metres grading 1.22%…
Largo to sell Brazil iron ore for $56M
Largo (TSX, Nasdaq: LGO) has received a binding term sheet for the potential sale of iron ore calcine, a byproduct of its vanadium mining operations in Brazil. The term sheet…
London Symposium: Ontario’s focus on fast-track, refining wins industry praise
Ontario’s push to OK major projects in less than two years and keep more mineral processing at home stunned industry heavyweights at The Northern Miner’s International Metals Symposium in London. “We’re moving with speed,” provincial Energy and Mines Minister Stephen Lecce…
Ivanhoe starts copper smelter output in Congo
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has officially begun copper anode production at Kamoa-Kakula’s state-of-the-art, direct-to-blister smelter in the Democratic Republic of the Congo. First production occurred on Dec. 29,…
Axis sues Guinea for $29B over bauxite permit
United Arab Emirates-based bauxite producer Axis International has filed a $28.9-billion arbitration claim against Guinea at a World Bank tribunal after the government revoked its mining permit in May. Axis…