Switzerland loses its shine as central bank gold vault
While central banks worldwide continue to buy more gold, they’re increasingly not selling dollars to do it while cutting the amount they store in once-favoured Switzerland. After banks were net…
Asia
China’s gold market cools amid ETF outflows: report
China’s gold market cooled in May as weaker prices, robust equity markets and soft jewelry demand weighed on investment activity, according to the World Gold Council (WGC). Chinese gold exchange-traded…
Debt cycle points to stronger case for gold price: Sprott
Gold’s long-term bull market is increasingly being driven by a force larger than inflation, interest rates or geopolitical tensions: the world’s growing debt burden. That is the central thesis of…
China stands by Japan rare earth export restrictions
China has doubled down on its months-long restriction on exports of rare earth products to Japan despite reports of the U.S. asking Beijing to lift the measures. In January, China’s…
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,…
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…