Commodities

The U.S. is sitting on an enormous pile of gold,  and pretending it’s worth $11 billion. As America’s debt explodes and credibility cracks, a century-old trick might be back on the table: reprice the gold, fix the balance sheet, and pray the world buys it. Why Would The US Revalue Its...

A leading global miner, BHP (NYSE:BHP), has signed a Memorandum of Understanding (MoU) with FinDreams Battery Co., a subsidiary of the Chinese EV and battery manufacturer BYD Group (OTCPK: BYDDF). The partnership, announced today, will help the electrification of BHP's operations. The two parties...

Global copper production is projected to grow at an average annual rate of 2.9% over the next decade. The latest forecast from BMI (Fitch Solutions) expects the rise from 23.8 million tons in 2025 to 30.9 million tons by 2034, owing to new projects and expansions across key jurisdictions in South...

The Malian government is reportedly moving to sell $107 million worth of seized gold from Barrick Mining's (NYSE:B) Loulo-Gounkoto mine complex to fund the site's restart following a nearly six-month suspension of operations. According to sources cited by Reuters, court-appointed administrator...

Central banks remain a key support in the gold market, while silver continues to attract investor inflows and platinum enters a potential consolidation phase, according to the latest update from precious metals specialist Heraeus. In May 2025, central banks added a net 20 tons (t) of gold to their...

Australian miner South32 (NYSE:SOUHY) has agreed to sell its Cerro Matoso ferronickel mine in northern Colombia to an industrial conglomerate, CoreX Holding, in a deal valued at up to $100 million. The agreement includes a nominal upfront payment, with additional payments tied to future nickel...

Aluminerie Alouette, Canada's largest aluminum smelter and a key supplier to the U.S. market, announced a CA$1.5 billion ($1.1 billion) investment in its northern Québec facilities. The firm, owned by a Rio Tinto (NYSE:RIO)-led consortium, is making this commitment despite growing pressure from U.S...

Chile's Congress has passed a long-awaited mining regulation reform to cut permitting times drastically. The reform is expected to boost investor confidence in the world's top copper producer and second-largest lithium supplier. The legislation, passed with 93 votes in favor, 27 against, and 17...

HSBC has raised its average gold price forecast for 2025 to $3,215 an ounce, up from $3,015, citing "elevated geopolitical risks, economic uncertainty, and rising government debt." The bank also increased its 2026 estimate to $3,125 an ounce from $2,915, while projecting a turbulent path ahead. "We...

Zijin Mining Group (OTCPK: ZIJMF), China's largest gold and copper producer, has announced a definitive agreement to acquire Kazakhstan's Raygorodok Gold Mine for $1.2 billion. The deal, signed on June 29, will see Zijin acquire 100% of RG Gold LLP and RG Processing LLP, Kazakhstan-based entities...

Global financier and longtime Trump associate Gentry Beach is reportedly negotiating for control of the Rubaya coltan mine in the Democratic Republic of Congo (DRC). The Trump administration-backed initiative, accompanied by support from a consortium including the Swiss trading house Mercuria,...

Platinum prices have surged to their highest levels since 2014, driven by tightening supply, speculative investor flows, and a wave of buyers turning to the metal as a cheaper alternative to gold. The precious metal climbed as high as $1,435 per ounce in the Asian trading session on Friday before...

The leaders of the Group of Seven (G7) unveiled a new action plan for critical minerals on Tuesday, following their latest meeting in Kananaskis, Alberta. The initiative, designed to secure global supplies of essential materials for clean energy, defense, and digital technology, is a step toward...

Mali's Bamako Commercial Court on Monday placed the Loulo-Gounkoto gold complex, one of Barrick Mining's (NYSE:B) largest assets, into state control for six months. After a prolonged standoff over taxation, Mali appointed former health minister Suomana Makadji as provisional administrator. "Justice...

Canada could be missing out on CA$12 billion ($8.7 billion) annually in critical minerals production by 2040, unless the government takes urgent action to de-risk investments and accelerate mining development, according to the Canadian Climate Institute’s latest report. The report, titled "...