Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space. As announcements on EV targets by automakers and governments grew ever more bullish, panic around the security of raw materi...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space. As announcements on EV targets by automakers and governments grew ever more bullish, panic around the security of raw materi...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space. As announcements on EV targets by automakers and governments grew ever more bullish, panic around the security of raw materi...Read More
BHP's Escondida copper mine in Chile, the world's largest, said on Wednesday that it has invited its powerful workers' union to start early talks on a new collective labor contract.Last year, a more than month-long strike at Escondida ended with workers opting to extend their previous contract through July 31 of this year instead of replacing it.New negotiations are scheduled for June, but BHP sai...Read More
Earlier this week the Chilean press learned about an application for a mining concession presented before Quilpu?(C)'s First Municipal Court by Augusto Pinochet Hiriart, the son of former dictator Augusto Pinochet.According to local media, back in February, Pinochet requested a "license to exploit a copper, gold, silver and other minerals" in an area near the city of Quilpu?(C), which is located i...Read More
Democratic Republic of Congo will declare cobalt and coltan, used in electric vehicle and renewable energy technology, as "strategic" minerals which will earn the country higher royalties, an advisor to the prime minister said on Wednesday.A new mining code was signed into law on Friday by President Joseph Kabila despite vigorous opposition by global mining companies with operations in Congo such...Read More
Canada's First Cobalt Corp. (TSX-V:FCC) (ASX:FCC) is strengthening its position in the cobalt market by acquiring explorer US Cobalt and so create a pure-play North American-focused miner of the metal, a key component in computer chips, mobile phones and lithium-ion batteries that power electric vehicles (EVs).The blended company will have projects in Ontario and Idaho which, once in operations, c...Read More
Whether it be financial, political or social, there's the potential for any decision we make to be fueled by emotion. In particular, when participating in a high risk, high reward area of the market, like the junior resource sector, it can be lethal to your odds of success.In my experience, those who can use arithmetic as their primary "truth" are the best at eliminating bias and reducing the amou...Read More
With the release of the latest version of MICROMINE's market leading data management solution Geobank 2018 imminent, Geobank Product Strategy Manager Mark Gabbitus gives us an exclusive preview of some of the key enhancements of the software and how it will benefit the user."The focus of Geobank 2018 is on usability. We believe that the changes we have made will have a positive impact on our users...Read More
Different markets, different cycles. Mining companies suffered for their sins in the downturn a little earlier than the oil and gas sector. Now they are emerging into a new upturn, also ahead of the game. What challenges do they face that oil and gas companies might learn from? I asked Julian Kettle, Vice Chairman of Metals and Mining Research, to share his thoughts. A battle...Read More
The Massachusetts Institute of Technology and Commonwealth Fusion Systems have partnered to advance a new generation of fusion experiments and power plants based on advances in high-temperature superconductors, which could help achieve the long-sought goal of producing fusion power.In a press release, the scientists and funders involved in the project define fusion power as a potentially "inexhaus...Read More
Image: Codelco via FlickrWhen Richard Adkerson, boss of Freeport-McMoRan, presented to the BMO Capital Markets conference in Florida last month he showed a slide headlined World class copper discoveries are extremely rare.Adkerson said the Phoenix-based company has been putting these graphs in investor slide decks "for years".Only one project - Oyu Tolgoi's underground expansion - will crack the t...Read More
Barrick Gold's chairman John Thornton has just given a fresh boost to the company's global employee share plan, leading by example.The boss of the world's top miner of the precious metal bought Tuesday 306,000 additional shares in the company, bringing his total share ownership position to 2,720,991 common shares.Two other directors also hiked their stake, Barrick said, including Rob Prichard - w...Read More
Deep Green Resources (DPG), a seafloor mining start-up partnering with Maersk, the world's largest container shipping company, is about to launch a six-week cruise on April 12-14 from San Diego CA to an area of the Pacific Ocean where it will begin a process that it hopes and fully expects will solve the problem of how to mine the minerals and metals essential for a cleaner, greener world in a fa...Read More
Rio Tinto-controlled Turquoise Hill Resources said Tuesday it had received an "information" request from the Mongolian Anti-Corruption Authority (ACA) to provide financial data associated to its giant Oyu Tolgoi copper and gold mine in Mongolia.The petition relates to an investigation about possible abuse of power by authorized officials during negotiation of the 2009 Oyu Tolgoi investment agreeme...Read More
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) spiked Tuesday after it posted a 59% increase in profits to almost $2.6 billion last year, thanks to strong copper prices and cost-cutting measures that helped offset a slight decline in production.Net profit for the year ended Dec. 31 climbed to $750.6 million from $158 million a year earlier, a more than four-fold increase, which allowed the co...Read More
The past 18 months have been difficult for precious metals investors. If you had known Donald Trump would be elected and the US Dollar would soon begin a nearly 15% decline, you would have expected Gold to blow past its 2016 high. You would have been shocked to see the gold miners and junior gold stocks trading lower. Gold has fared okay but the gold stocks and Silver have lagged. As US equities h...Read More
Shares in Newcrest Mining fell more 4.6 per cent Monday after the miner declared that its performance for fiscal 2018 will be definitely affected by the breach of a tailings dam wall at its Cadia gold mine."Whilst it is too early in the evaluation and recovery process for Newcrest to provide an indication of the extent to which FY18 production, capital and cost guidance will be impacted, this even...Read More
On Monday copper for delivery in May declined nearly 1% on the Comex market in New York at $3.1095 per pound or $6,855 a tonne amid a general weakness on commodity and financial markets gripped by uncertainty surrounding the Trump administration's trade policies and the strength of demand from China, the globe's number one metals consumer.That's a 2.4 billion pound or $7.6 billion decline from rec...Read More
BELGRADE, March 12 (Reuters) - China's Zijin Mining Group Co. Ltd. has expressed interest in buying loss-making Serbian copper miner and smelter RTB Bor, which the Balkan state has been trying to sell for the past decade.President Aleksandar Vucic on Monday met representatives of the Chinese firm, who expressed an intention to invest several hundred million dollars in the business, his office said...Read More