Oil boosts risk of gold miner cost revisions: Jefferies
Elevated gold prices won’t be enough to help miners offset cost increases of as much as 9% if oil prices remain at current levels through the second half of 2026,…
Asia
Poland, China lead renewed central bank gold buying
Central banks resumed net gold buying in April, bolstering their view of the yellow metal as a strategic reserve asset, the World Gold Council (WGC) said in a report this…
Russia says it mined enough gold to beat China
Moscow’s first mining estimate since 2022 raises questions as industry experts struggle to reconcile the figures.
Goldman slashes copper supply outlook as deficits widen
Goldman Sachs has cut its global copper mine-supply forecast by 350,000 tonnes, citing slower-than-expected recoveries at Freeport-McMoRan’s (NYSE: FCX) Grasberg mine in Indonesia and Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF)…
Aluminum prices hit 4-year high on Hormuz supply woes
Aluminum prices surged to their highest level in more than four years on Tuesday, hitting $3,707.50 per ton, as a collapse in negotiations between the United States and Iran raised…
Hormuz shock drives coal to 14-year high
Coal investment will reach $180 billion (C$250 billion) this year, up 4% from last year and the highest since 2012, as the Middle East conflict pushes Asian countries to produce…
How to dodge the Iran war
Soaring fuel and chemicals prices triggered by the war in the Middle East are pushing global miners to dig deep for creative solutions. Take the case of Marimaca Copper (TSX: MARI; ASX: MC2), which…
CHARTS: How the sulphuric acid crunch is driving up critical minerals costs
Conflict in the Middle East and the closure of the Strait of Hormuz have sent sulphuric acid prices soaring, sharply increasing production costs for lithium, nickel and other critical minerals…
Quad nations unveil $20B critical minerals plan
The Quad partner nations — United States, Japan, Australia and India — have released plans to invest $20 billion to further support the buildout of a reliable critical minerals supply…
Iran war squeezes acid, aluminium, miners’ margins: WoodMac report
The Iran war around the Strait of Hormuz is starting to hit miners far from the Persian Gulf, Wood Mackenzie warned on Wednesday. The conflict is choking sulphur shipments that…
US, India set up framework for critical minerals pact
The United States and India have signed a bilateral critical minerals agreement creating the framework for a strategic partnership focused on the security of supply through mining and processing. This…
China’s rare earths lead seen lasting post-summit: BMI
China’s stranglehold on the global rare earths supply is expected to “stay firmly in place” despite the recent summit between its President Xi Jinping and his United States counterpart Donald…