Glencore doubles down on copper, keeps M&A in play
Glencore (LSE: GLEN) is stepping up its copper ambitions in the Democratic Republic of Congo and beyond, even as it posted a third straight annual earnings decline, while keeping the…
aluminum
US mineral supply vulnerable to China chokehold: report
A new report by the United States Geological Survey reveals that the U.S. has grown more reliant on foreign imports of minerals over the past year, highlighting the increased urgency…
Fitch Solutions’ BMI boosts industrial metals forecasts
Analysts at Fitch Solutions’ BMI have lifted their price forecasts for industrial metals to reflect the speculative momentum in the sector as well as strong market fundamentals and macroeconomic forces….
JV Video: Canadian Energy Metals’ Thor PEA supports Sask. alumina play
Calgary-based private developer Canadian Energy Metals has released a preliminary economic assessment for building a $6.3 billion (C$8.6 billion) alumina business around its Thor project in east-central Saskatchewan. The deposit…
South32 backs $35M push at Alaska copper project
The miner has signed off on a $35M work program to advance its Arctic copper project in Alaska through the Ambler JV.
Rio Tinto copper output rises as merger talks loom
Rio Tinto’s (ASX, NYSE, LSE: RIO) copper production rose 5% in the fourth quarter as a surge from Mongolia’s Oyu Tolgoi underground expansion more than offset weaker output at Chile’s…
Geopolitics, tight investment to shape mining: WoodMac
Geopolitical shifts, a rewired energy transition and disciplined capital allocation will define the global metals and mining sector in 2026, according to Wood Mackenzie. “2026 will be a year of…
Venezuela aluminum restart may cost $2.3B: WoodMac
Reviving Venezuela’s idle aluminum industry would require up to $2.3 billion in investment but could help ease a widening supply gap in the Americas, according to a new report from…
Copper at heart of probable Rio bid for Glencore: RBC
Investors are increasingly expecting Rio Tinto (NYSE, LSE, ASX: RIO) to make an all-share offer for Glencore (LSE: GLEN) in a deal driven by the will to control future copper…
Maaden invests $110B in Saudi bid to be mining giant
Saudi Arabia’s Maaden plans to invest $110 billion into metals and mining over the next decade, the latest move by the state-owned miner as it aggressively expands in the sector….
Glencore holds merger talks with Rio
Rio Tinto (NYSE, LSE, ASX: RIO) and commodities trading giant Glencore (LSE: GLEN) are holding preliminary talks about combining some or all of their businesses in a deal that could…
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…