Tungsten supply crunch to keep prices high: BMO
Tungsten prices have surged fivefold over the past year as prolonged underinvestment and tightening Chinese supply push the market towards what analysts warn could become a severe global shortage. The…
Metals and Minerals Markets
JV video: Fortune Bay pitches Goldfields de-risking strategy for permits
Fortune Bay (TSXV: FOR; US-OTC: FTBYF) plans to speed the path to a build decision at its Goldfields gold project in northern Saskatchewan by keeping the mill under 5,000 tonnes…
JV video: District Metals readies Viken study as Sweden reopens uranium
District Metals (TSX-V: DMX; US-OTC: DMXCF; Nasdaq: DMXSE SDB) is positioning its Viken project in central Sweden as a potential domestic supply option after the country’s uranium ban was lifted…
Roundup Video: West Vault Mining bets patience will pay at Hasbrouck
West Vault Mining (TSX-V: WVM; US-OTC: WVMDF) is weighing whether to build its Hasbrouck gold project in Nevada independently or sell the asset, CEO Sandy McVey said. A January 2023…
Roundup Video: Torr Metals drills supergene copper at Kolos prospect
Torr Metals’ (TSXV: TMET) first drill program at its Kolos copper-gold project in south-central British Columbia has confirmed it’s on the edge of a large mineralizing system, President and CEO…
Anglo posts $3.7B loss on fresh De Beers writedown
Impairment reduces De Beers’ value, bringing total writedowns for the diamond unit to $6.8 billion in 2025.
Denison’s Phoenix uranium project lands final permit
The Canadian Nuclear Safety Commission (CNSC) has approved Denison Mines’ (TSX: DML) environmental assessment and other permits, opening a pathway for the company to begin construction of its Phoenix/Wheeler River…
CHARTS: US copper glut hides refining crunch
The United States produces more raw copper than it consumes but lacks the processing capacity to turn it into usable metal, leaving manufacturers dependent on foreign refiners, a new report…
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…
Roundup Video: Kodiak resumes drilling after first MPD resource
Kodiak Copper (TSXV: KDK; US-OTC: KDKCF) plans a stepped-up drill campaign at its MPD copper-gold project near Princeton, B.C., after releasing an initial resource estimate in December that CEO Claudia…
Roundup Video: Azimut pivots to advanced exploration
Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) is stepping up drilling at its Elmer and Wabamisk projects in Quebec’s James Bay after a run of discoveries, president and CEO Jean-Marc Lulin…
BHP leans on copper growth, not big deals
CEO Mike Henry said there’s no urgent need for deals as the company aims for 2.5 million tonnes of copper equivalent annually.