Glencore seeks Canada funding for copper smelter
Glencore (LSE: GLEN) said it’s seeking Canadian government funding to modernize its copper processing plants in Quebec – including the century-old Horne smelter and a sister refinery in Montreal. The…
Politics
Moonshot puts global metals scramble on display
Artemis II is set to lift off tomorrow, spotlighting the geopolitical race for the metals behind modern spaceflight. The flight around the Moon, without landing, will carry astronauts aboard the…
Caledonia among gold miners avoiding Mideast refining chokepoint caused by Iran war
Zimbabwe-focused Caledonia Mining (NYSE-A: CMCL; LSE-A: CMCL) is rerouting gold sales through South Africa to avoid disruption from the Iran war, offering a glimpse of how bullion flows are being…
Prolonged Iran war would hammer top copper miners
A prolonged Iran conflict could push copper into surplus and sharply cut earnings for major producers, according to Bloomberg Intelligence. Oil above $150 a barrel in a drawn-out war that…
Podcast: Reuters’ Andy Home on Strait of Hormuz, aluminum supply concerns, tungsten
This week’s episode features Andy Home, Senior Metals Columnist at Reuters, in conversation with host Adrian Pocobelli on the aluminum market and recent developments surrounding the Strait of Hormuz. Home…
U.S. joins $1T mineral security consortium
The United States plans to commit $250 million towards a new investment vehicle aimed at securing critical mineral and energy supply chains, as Washington steps up efforts to counter geopolitical…
Indigenous engineer leads revived mining association
A First Nation engineer has been named president of the Canadian Aboriginal Minerals Association as the group relaunches after a pandemic-era hiatus amid rising Indigenous participation in mining. Kaella-Marie Earle,…
China spent $120B to lock down critical minerals overseas: report
China has invested more than $120 billion in overseas mining and upstream processing since 2023, accelerating a state-backed push to secure the raw materials underpinning the global energy transition, says…
Ontario funds up to $215K per early-stage project
Ontario is backing 68 early-stage exploration projects in new awards under a government funding program. The financing, delivered through the Ontario Junior Exploration Program (OJEP), will cover up to half…
Resolution Copper clears land hurdle after years-long legal fight
Rio Tinto (LSE, NYSE, ASX: RIO) has secured control of land in Arizona needed to advance its Resolution Copper project after U.S. authorities completed a long-contested land exchange, marking a…
Congo to OK first mine sale in US deal
The Democratic Republic of Congo (DRC) is reportedly ready to approve the sale of Chemaf to U.S.-based Virtus Minerals, advancing a strategic minerals partnership between Washington and the African nation…
Chinese firm idles Canada’s only antimony mine
Canada’s only primary antimony mine, the Beaver Brook operation in Newfoundland and Labrador, has remained idle despite rising demand for the strategic metal, highlighting growing concerns over Western dependence on…