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.
Europe
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…
CHART: EV battery metals index jumps to 27-month high
December’s raw materials bill for global electric vehicles topped $2 billion for the first time since August 2023 and surging lithium, nickel prices going into 2026 puts battery metals slump…
Bullion rally has legs, Scotiabank says
Sustained central bank buying, heightened geopolitical uncertainty and rising investor flows into exchange traded funds are some of the main factors that could keep propelling gold higher over the coming…
Ex-prince suggested uranium plays to Epstein: BBC
A confidential U.K. government briefing forwarded by former trade envoy Andrew Mountbatten-Windsor to Jeffrey Epstein in 2010 highlighted uranium among several “high value” mineral opportunities in Afghanistan’s Helmand province, according…
JP Morgan sees $5.50 copper, deficit worsening
J.P. Morgan has raised its long-term copper price forecast by 9.1% due to widening structural supply deficits and sharply higher capital costs that will require massive investment in new mine…
Uranium market gathers momentum in 2026: Sprott
The global uranium market entered 2026 with strong momentum, with spot prices surging by about a quarter in January to above $100 per lb. for the first time in two…
Critical Metals confirms high-grade HREEs at Tanbreez project in Greenland
Critical Metals (Nasdaq: CRML) says drilling at its Tanbreez project in Greenland indicates the potential to further grow the resource of what is ranked as one of the world’s largest…
DPM adds 20% gold-silver to extend Bulgaria mine
DPM Metals (TSX: DPM) says a resource update for its Chelopech gold-copper mine in Bulgaria has added four years to the property’s operational life. Chelopech is now projected to have…
Lundin, BecomingX climb from deepest marathon to world’s highest
Standing at 4,200 metres high in Chile’s Atacama desert, the CEO and co-founder of education firm BecomingX takes a step forward from The World’s Deepest Marathon to begin a new…
Anglo flags third De Beers writedown
Anglo American (LSE: AAL) is weighing a third writedown of De Beers in as many years as weak diamond prices persist and the miner advances asset sales ahead of its…
Rio Tinto, Glencore nix $260B mega-merger
Rio Tinto (ASX, LSE, NYSE: RIO) and Glencore (LSE: GLEN) have scrapped plans for a $260-billion merger that would have created the world’s largest mining company. In a statement on Thursday,…