BHP projects copper demand will rise 70% by 2050
The company expects that by 2050, the energy transition sector will represent 23% of copper demand.
base metals
Vale considers listing base metals business in late 2026
Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion.
Quebec snapshot: Eight companies seeking gold, base metals, lithium and more
Quebec has a rich mining history and prospective geology for precious and base metals, critical minerals and more. Just as important, the provincial government offers an array of incentives to…
BofA sees strong 2025 for copper, while iron ore prices to drift lower
While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand.
Wheaton Precious Metals unveils US$1M tech challenge
Wheaton Precious Metals (TSE: WPM) and Foresight Canada are launching the Future of Mining challenge, offering a US$1-million prize for groundbreaking technology. The competition, which is open to cleantech companies from…
Video: Canada’s miners need to step up productivity, former Vale exec Naidoo says
Deshnee Naidoo, who until March led Vale’s energy transition metals business, says Canadian miners need to get more competitive and productive to unlock the country’s rich mineral reserves. “Canadian productivity…
Video: Aurania pivots from Ecuador to Europe
Aurania Resources (TSXV: ARU; US-OTC: AUIF), led by a key member of the Aurelian Resources team that discovered the rich Fruta del Norte gold mine in Ecuador, is turning away…
Why this week’s market mayhem doesn’t signal a complete meltdown
Global markets have experienced spectacular moves this week, led by Japan’s Nikkei index. It tumbled 12% on Monday, then recovered 11% on Tuesday! Incredible whipsaw action — But that’s not what…
Confusion and consternation on critical minerals
What started out as optimism two years ago when the federal government turned its eye to critical minerals, introducing a strategy, incentives and funding, and pledging faster permitting for mines,…
Video: ‘Big bang’ in commodity demand set to lift miners, Prins says
Global miners are set to benefit from rising needs for “real assets,” Nomi Prins, a macroeconomist and author of the newsletter PrInsights Global, says in a new interview. Global geopolitical…
Vale to develop low-carbon iron in Brazil, US and Middle East within a year
Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates.
USGS issues first earthquake risk study on commodities
Scientists with the United States Geographical Survey, a government research agency, have developed a new scientific assessment of how earthquakes threaten worldwide mineral commodity supplies. The methodology was developed…