Switzerland loses its shine as central bank gold vault
While central banks worldwide continue to buy more gold, they’re increasingly not selling dollars to do it while cutting the amount they store in once-favoured Switzerland. After banks were net…
United States
The metals AI data centres need most aren’t inside them
The power grid, not the server room, is where the global data centre boom is driving metals demand, according to Wood Mackenzie. Grid reinforcement, transmission networks and on-site power systems…
Barclays still bullish on gold price, sees drop as ‘reset’
Gold’s recent selloff should be attributed to a confluence of market forces rather than a single factor that led to a deterioration in its fundamentals, according to those at Barclays….
UBS sees gold price falling, but still long-term bullish
Amid gold’s recent weakness, UBS Group has once again trimmed its near-term outlook on the yellow metal, though the bank still sees prices reaching higher over the longer horizon. In…
Rinehart’s $1B SpaceX bet targets mining beyond Earth
Australia’s richest person Gina Rinehart sees potential ties between its critical minerals portfolio and Elon Musk’s space venture as demand grows.
Silver stockpile drawdown risk is misunderstood
Silver inventories at the world’s two largest bullion trading hubs have fallen sharply from pandemic-era peaks, underscoring a sustained drawdown in visible stocks even as definitions of available supply diverge…
Blast from the Past: Hunt brothers’ fateful silver gamble
Texas oil heirs Nelson Bunker and William Herbert, known as the Hunt brothers, in the 1970s started collecting piles of physical silver stock and futures contracts. Distrustful of paper money…
De Beers finds Gen Z driving diamond demand rebound
Younger consumers are spending more on mined diamonds, offering fresh support for Africa’s key producers.
Conflict coltan from Congo linked to Sony, Microsoft, Nvidia supply chains
Coltan smuggled from mines controlled by the M23 armed group in the Democratic Republic of Congo has entered supply chains serving major technology and automotive companies, exposing weaknesses in industry…
Dakota Gold books 5.24g at Richmond Hill project
Developer Dakota Gold (NYSE-A: DC) said new drilling at its Richmond Hill oxide heap leach gold project in South Dakota delivered additional high-grade intercepts ahead of a prefeasibility study (PFS)…
Energy Fuels to hit 2026 uranium target by midyear
Energy Fuels (NYSE: UUUU; TSX: EFR) expects to meet its 2026 uranium production guidance by mid-year as ore processing at Utah’s White Mesa Mill pauses to rebuild stockpiles. Shares soared….
Mining M&A value surges while deal count plunges: S&P
First-quarter mergers and acquisitions (M&A) activity in mining saw combined deal value surge despite a sizeable decrease in the number of transactions, according to S&P Global. The value of transactions…