L’or : objectif 6 300 $ JPMorgan is maintaining a bullish outlook on gold prices by setting an end-of-year price target of $6,300 an ounce amid a broader shift towards hard assets. In a note published late Sunday, the bank’s analysts cited the “ongoing diversification” trend that has driven gold to record highs in recent […]
JPMorgan sees gold price reaching $6,300 by year-end Read More »
Highland Valley Copper Operations in Canada. (Image courtesy of Teck.) The Canadian government has approved the $53-billion Anglo Teck mega-merger, clearing the way for the creation of one of the world’s largest copper producers as global demand for the metal accelerates. Although industry minister Mélanie Joly greenlit the merger on national security grounds in November, lawmakers still needed
Canada clears way for $53B Anglo-Teck merger Read More »
What Makes CMOC’s Kisanfu Mine Expansion a Strategic Game-Changer? What Makes CMOC’s Kisanfu Mine Expansion a Strategic Game-Changer? China Molybdenum Company’s ambitious $1.08 billion investment in the Kisanfu Mine expansion represents one of the most significant copper development projects currently underway in the Democratic Republic of Congo. This massive capital commitment positions CMOC to dramatically increase its
China’s CMOC $1.08B DRC Copper Mine Investment Expansion Read More »
Chile’s Atacama region. (Image by LMspencer | Stock Photo.) Chile’s state-run mining firm ENAMI aims for its new Rio Tinto lithium partnership at Altoandinos to begin production in 2032 with 35,000 metric tons of the battery metal per year, and ramp up over three years to 75,000 tons, ENAMI company chief Ivan Mlynarz said on Friday. The
Chile’s ENAMI says lithium venture with Rio Tinto to start production in 2032 Read More »
Uranium’s spot price doesn’t adequately reflect demand from nuclear power plants, Sprott says. Credit: Adobe Stock photo by pwmotion The price of uranium will rebound from its lowest level in a year as supply shortages, nuclear energy’s promise for clean energy and president-elect Donald Trump’s America-first security stance provide support, the world’s largest investment fund
Uranium price to recover next year on shortage, Trump policy, Sprott CEO says Read More »
Source : miningweekly.com Goldman Sachs on Monday raised its gold price forecast to $2 900/oz from $2 700/oz for early 2025 citing gradually rising ETF flows with interest rate cuts in the West and China, and higher central bank purchases. “We reiterate our long gold recommendation due to the gradual boost from lower global interest rates, structurally higher central
Goldman Sachs raises gold price forecast to $2 900/oz for early 2025 Read More »
The 2,492 carat diamond. (Image courtesy of Lucara Diamond.) Canada’s Lucara Diamond (TSX: LUC), has dug up a 2,492 carat diamond from its prolific Karowe mine in Botswana, the world’s second-largest stone ever mined in terms of size. The “epic” diamond, as Lucara put it, was detected and recovered by the company’s Mega Diamond Recovery (MDR) X-ray Transmission
Lucara finds world’s 2nd largest diamond ever mined Read More »
Copper smelter. Stock Image. As the third most-consumed metal behind iron ore and aluminum, copper is all around us. Found naturally in the Earth’s crust, copper was the first metal used by humans, dating back to the 8th century BC. Three thousand years later, homo sapiens figured out how to smelt copper from its ore,
Copper: Humanity’s first and most important future metal Read More »
Hedge fund manager Pierre Andurand expects the price of copper to almost quadruple to $40,000 a tonne in the next few years as soaring demand causes global stockpiles of the red metal to run low.
Copper price to rocket to $40,000 a tonne, says top trader Andurand Read More »
Anglo American (LON: AAL) has rejected a $39 billion takeover offer from BHP (ASX: BHP) conditional to the target company divesting its platinum and iron ore businesses in South Africa.
Anglo American rejects “opportunistic” $39bn takeover bid from BHP Read More »
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