Lack of capital rises to top risk in EY mining survey
Capital is the top risk facing the mining industry this year, up from the number two spot last year, as tough financing and economic conditions make it more difficult to deliver…
United States
Video: Why one contrarian mining investor prefers Australia over North America
Australia offers true discovery potential whereas “every rock seems to be turned three times” in North America, Commodity Discovery Fund founder Willem Middelkoop said in an interview. The Netherlands-based investor…
Video: New commodity supercycle to lift gold, copper and uranium stocks, fund manager says
Global investment in infrastructure and inflationary pressures are driving a new commodity boom, fund manager Wasif Latif said in an interview. Latif, the chief investment officer at Texas-based Sarmaya Partners,…
Major copper discoveries down as industry shuns greenfield exploration — report
Major new copper discoveries are becoming scarcer globally, with most reserve growth over the last decade coming from older deposits as the industry has shifted away from early-stage exploration, according…
Video: Gold Fields targets aggressive Americas-focused growth, CEO says
Gold Fields (NYSE: GFI; JSE: GFI) expects to boost production by 600,000 oz. in the coming years, CEO Mike Fraser says in a new video. Its pending $2.2-billion acquisition of…
BHP projects copper demand will rise 70% by 2050
The company expects that by 2050, the energy transition sector will represent 23% of copper demand.
Lithium rout derails projects around the world, though some persist
Low lithium prices are forcing a raft of companies to delay spending on projects from Quebec to Nevada, from South America to Australia. General Motors (NYSE: GM) has postponed a…
JV video: Alamos Gold eyes 80% growth, mostly from within portfolio, CEO says
After digesting a series of acquisitions made at lower gold prices, Alamos Gold (TSX: AGI; NYSE: AGI) president and CEO John McCluskey says the company aims to grow production by…
Miners prefer Canada to overseas: KPMG
Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry executives. Nearly 80% of mining…
Global mining index soars as China, US stimulus converge
The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year after central banks cut interest rates, the United States signalled more battery metal…
Video: Gold rally leaves hesitant Western investors in the dust, fund manager says
Most Western investors have missed the record gold rally, remaining hesitant while waiting for a price correction that may never come, Liechtenstein-based gold fund manager Ronald-Peter Stöferle says in a…
Video: Gold miners face skepticism, even as metal price rises, Denver Gold exec says
Gold at all-time highs has pushed up miners’ margins, but companies are opting for restraint and avoiding the temptations of past bull cycles, Denver Gold Group executive director Tim Wood…