Lithium market to enter deficit until 2035: Canaccord
The global lithium market is set to enter a near-decade-long deficit as a lack of mine investment weighs on supply of the electric vehicle battery metal, according to investment bank…
South America
Copper price: Goldman maintains year-end forecast, Traxys sees $15,000 per tonne
Copper held firm above the $13,200-a-tonne level on Wednesday amid elevated supply risks caused by the ongoing war in the Middle East and optimism over its demand. Prices briefly surpassed…
BHP now expects nearly 2M tonnes copper production after record Escondida throughput
BHP (NYSE, LSE, ASX: BHP) reinforced confidence in its fiscal 2026 outlook on Wednesday, with solid copper and iron ore performance underpinning expectations that production targets will be met. In…
Hochschild rallies as gold price surge lifts outlook
Hochschild Mining (LSE: HOC) shares rose after the company reported a sharp jump in realized gold prices, reinforcing bullish sentiment toward precious metals producers. Hochschild reported first quarter attributable production…
Gold price extends drop amid US-Iran uncertainty
Gold prices extended declines on Tuesday, as investors remained cautious over United States-Iran negotiations to end the near-two-month war that has intensified global inflation concerns. Spot gold fell more than…
Argentina Lithium gets $100M to advance Rincon West
Argentina Lithium & Energy (TSXV: LIT; US-OTC: LILIF) has secured $100 million (C$137 million) from its Chinese partner Xi’an Lanshen New Material Technology Co. to help advance the Rincon West…
USA Rare Earth boosts Western supply chain in $2.8B deal for Brazil producer
USA Rare Earth (Nasdaq: USAR) plans to acquire Brazilian rare earths producer Serra Verde Group for a total value of about $2.8 billion, a move that could position the new…
Fortuna Mining enters Guyana with Quartzstone deal
Fortuna Mining (TSX: FVI; NYSE: FSM) is expanding beyond its traditional hubs with a new earn-in agreement that will allow it to gain a foothold in the prospective Guiana Shield. Vancouver-based…
Chile targets faster permits to unlock $100B pipeline
Chile is moving to accelerate mining permit approvals to unlock more than $100 billion in investment and revive momentum in its cornerstone copper sector, Economy and Mining Minister Daniel Mas said…
La Mancha’s $50M Greenheart Gold deal deepens Guiana Shield exposure
La Mancha Resource Capital is building its position in the Guiana Shield after investing C$50 million ($37 million) to become the largest single shareholder in Suriname-focused Greenheart Gold (TSXV: GHRT; US-OTC:…
Chinalco bets $1.7B on Peru mine turnaround
Aluminum Corp. of China (Chinalco) is investing about $1.7 billion to overhaul its Toromocho mine in Peru, adding molybdenum output to drive a long-awaited turnaround. The upgrade at the site…
Iran war, Indonesia curbs to support nickel price: report
War in Iran and output caps in Indonesia are expected to support nickel prices in 2026, though a persistent global oversupply will continue to limit gains, according to a new…