Pension funds use gold as bond hedge weakens
Gold is finding a durable place in some pension-fund portfolios as investors look for protection from inflation, market shocks and the weakening diversification benefits of bonds, according to the World…
Asia
Space miners may face an Earth-sized tax problem
Miners may one day extract fortunes from the Moon and asteroids, but governments will have to figure out how to take their cut without killing the industry before it gets…
Sponsored Q&A: Erdene shifts from gold mine build to district-scale exploration
Erdene Resource Development has moved into commercial production at its Bayan Khundii gold mine in Mongolia and is turning its attention back to exploration across the wider Khundii Minerals District….
Mining Forum: Miners have cash but lack the crews
COLORADO SPRINGS, Colo. – Major miners have the money to expand but face shortages of skilled workers and contractors that threaten to delay new production and drive up construction costs,…
US minerals push starts to dent China’s grip: WSJ
The United States’ multibillion-dollar campaign to loosen China’s grip on critical minerals is beginning to reshape supply chains, according to The Wall Street Journal. Washington’s effort to back mines, processing…
Mining Forum: US needs Canada to break China’s minerals grip
COLORADO SPRINGS, Colo. – Washington’s hostility towards Canada threatens its effort to reduce dependence on Chinese minerals, former U.S. sanctions official Edward Fishman said Monday. The United States has the…
Rio Tinto to expand metals trading beyond own output
Rio Tinto (ASX, NYSE, LSE: RIO) plans to expand its metals trading business into third-party material and derivatives as chief executive Simon Trott seeks to squeeze more value from the…
Almonty clears final hurdle to start producing tungsten concentrate in South Korea
Almonty Industries (NASDAQ: ALM) received approval from the South Korean government to commercially process tungsten concentrate at the Sangdong tungsten mine, expected to produce about 200,000 metric tonne units (MTU)…
Uranium miners race to catch surging nuclear demand
The uranium market is slipping into a structural deficit as surging nuclear demand outpaces the development of new mines. Global uranium exploration and development spending exceeded $1.78 billion in 2023…
Radiant World sues Glencore for $2 billion
Radiant World and Sapphire Minmetals have sued Swiss miner and commodities trader Glencore (LSE: GLEN) in Singapore, seeking $2 billion (C$2.8 billion) in damages. Sapphire Minmetals, which used to be…
Hormuz nat-gas shock revives coal trade: IEA
Almost no coal passes through the Strait of Hormuz, but the Middle East conflict is nevertheless lifting coal trade and prices as restricted liquefied natural gas supplies push some power…
Mineral tracking a must for industry credibility: OECD
Better traceability of critical minerals like lithium and nickel can boost the credibility and integrity of the supply chain, a new report this week by the Organization for Economic Co-operation and…