Gold passes euro as second-largest reserve asset: ECB
Gold, driven by record purchases and surging prices, has overtaken the euro as the second most important reserve asset behind the dollar, the European Central Bank (ECB) says. According to…
Europe
Re-assayed results show high grades at Critical Metals’ Tanbreez rare earth project in Greenland
Re-assayed core samples drilled by Critical Metals Corp.’s (Nasdaq: CRML) Fjord deposit at its Tanbreez project in Greenland have returned a highlight result of 247.75 metres grading 0.33% total rare…
Galantas inks JV to revive Omagh gold mine in Ireland
Galantas Gold (TSX-V, LSE-A: GAL) has signed a “turning point” joint venture agreement with Ocean Partners UK to restart underground operations at its Omagh gold project in Northern Ireland. Under…
Quebec’s Dumont nickel project on new EU list
The Dumont project in Quebec, one of the world’s largest undeveloped nickel-cobalt deposits, is among global critical mineral developments the European Union wants to invest in as China limits exports. …
Ranked: Top 20 biggest silver-producing mines
Silver is getting its shine on, with the price reaching $35.64 an oz. on Thursday – a 13-year high after a 24% increase since Jan. 1 and rivalling gold’s 29%…
Cobalt Holdings drops London IPO plans
Metals investor Cobalt Holdings has dropped plans to list this month on the London Stock Exchange, cancelling what would’ve been that market’s biggest initial public offering in mining since 2018….
Eramet extends fall on Gabon manganese export ban
Shares of French miner Eramet fell for a second day after Gabon said it would prohibit the export of manganese ore starting in 2029 in a bid to create a homegrown processing…
Mount Etna erupts, unleashing fire—and possibly hidden minerals
Mount Etna, Europe’s tallest and most active volcano, erupted this week in a spectacular display, sending plumes of ash and gas high into the Sicilian sky and captivating onlookers with…
Infographic: Rare earth spheres of control
MINING.COM and The Northern Miner mapped global rare earth production through a geopolitical lens, dividing the world into five “spheres of control”: Chinese, American, Russian, Coalition of the Willing, and Undrafted….
Copper price must double to meet future mining needs — study
To meet the world’s future needs, copper prices must at least double their current levels in order to incentivize companies to build more mines, a study published in the latest…
Platinum seems near price surge: Sprott
Platinum may be on the cusp of a sustained price rise amid forecasts for reduced inventories and a third straight year of supply scarcity, Sprott Asset Management says in a…
Is Glencore’s $22B asset shift a prep for Rio merger?
Glencore (LSE: GLEN) has transferred almost $22 billion in foreign assets into its Australian subsidiary in a sweeping global restructuring that could lay the groundwork for a future merger with…