Hormuz nat-gas shock revives coal trade: IEA
Almost no coal passes through the Strait of Hormuz, but the Middle East conflict is nevertheless lifting coal trade and prices as restricted liquefied natural gas supplies push some power…
Politics
Mineral tracking a must for industry credibility: OECD
Better traceability of critical minerals like lithium and nickel can boost the credibility and integrity of the supply chain, a new report this week by the Organization for Economic Co-operation and…
Chile bill targets foreign cash for next mining boom
Chile is opening its capital markets to junior explorers as the world’s top copper producer and second-largest lithium supplier seeks more investment to fund new mineral discoveries. The Senate-approved bill,…
Copper price, miners slide on Trump tariff doubts
Copper prices and U.S. miners plunged Thursday after Reuters reported the White House still hasn’t decided whether to impose tariffs on refined copper as officials weigh support for domestic production…
Swiss gold ban squeezes Sudan’s war economy
Switzerland has begun banning purchases and imports of Sudanese gold and restricting mining supplies in an effort to choke off a source of financing for the country’s three-year war. The…
MMG faces EU antitrust warning over Anglo nickel deal
MMG’s $500-million purchase of Anglo American’s (LSE: AAL) Brazilian nickel assets is facing another hurdle, with European regulators expected to formally spell out competition concerns about the Chinese-controlled miner’s proposed…
Brazil needs price floors to back processing, miners say
Brazil is on the cusp of a new policy to fund domestic refining for lithium and the world’s second-largest rare earth reserves, but miners say it lacks U.S.-style metal price…
Chile mines 1/4 of world’s copper, but smelts just 4%
Chile, the world’s largest copper producer, is mining nearly a quarter of global concentrate while smelting just 4.2% of the world’s copper, exposing a widening gap in a supply chain…
Deals sharpen South America’s critical minerals edge
South America is moving to turn its vast mineral wealth into a coordinated production and investment hub as governments race to secure critical minerals for energy, technology and defence. Chile,…
Pentagon rare earth push collides with China’s grip
The Pentagon could require enough specialized rare earth magnets by 2030 to absorb nearly half of today’s entire non-Chinese production, highlighting the scale of the challenge facing Washington as it…
Investors buoy gold price as central banks slow
Central-bank gold buying fell by more than half in July even as bullion stayed near record highs, suggesting investment demand is taking on a bigger role in supporting the market….
Dutch slash New York gold in crisis shift
The Netherlands’ central bank has transferred 86 tonnes of gold from North America to London, cutting the share of its bullion held in New York to 19% from 31% as…