Goldman Sachs Enters Uranium Derivatives Market As Prices Double To $102 Per Pound
Goldman Sachs is writing options on physical uranium for hedge funds, marking the investment bank's first derivative created for the metal.
Mining Milestone: Peru Gives Nod To Expansion Of Key Copper, Zinc Mine
Peru approved a $2 billion expansion at Antamina mine, owned by Glencore, BHP, Teck Resources, and Mitsubishi Corp. to boost copper supply.
Exxon’s Lithium Experiment Could Be Winner For Oil Company, State Of Arkansas
Exxon Mobil closed a successful year with $36 billion in earnings and plans to produce lithium for 1M EVs/year by 2030 through Mobil Lithium.
Sibanye-Stillwater Explores Use Cases For Rare Metal The Auto Sector Needs Less Of
Sibanye-Stillwater pivots palladium as more automakers shift to electric vehicles and the prices for the rare metal plummet.
Spotlight On The AI 5: Microsoft, TSMC, Broadcom, Nvidia And AMD
Move over FAANG, MAMA ANT and The Magnificent Seven. The so-called "AI 5" are a driving force behind the ongoing bullish market run.
South32’s $2.16B Mining Investment In Arizona Supports Biden’s Clean Energy Vision
South32 invests $2.16 billion in Hermosa project, set to become one of world's largest zinc mines, aligning with strategy for critical commodities.
First Quantum Awaits General Elections In May, Maintains Hope For Cobre Copper Mine
Panama's decision to close First Quantum's Cobre mine in December marked a challenging period for the company.
Sigma Lithium Secures Funds For Brazilian Flagship, Praises ‘Significantly Lower’ Interest Rates
The lithium market has faced a recent downturn, with prices dropping to $13,200 per ton, the lowest since 2020.
Barrick Targets Northern Nevada: It’s ‘Far From Being A Mature Gold District,’ CEO Says
Barrick holds a 61.5% stake in Nevada Gold Mines (NGM) reserves via a joint venture with Newmont.
New Gold To Implement Plan To Boost Gold, Copper Production
Toronto-based New Gold set a goal of achieving 35% growth in gold output and 60% growth in copper production by 2026.