Battery Metals

Over the past decade, resource misclassification has saddled the mining industry with a costly problem. It’s one Guy Desharnais, Osisko Gold Royalties’ (TSX: OR; NYSE: OR) vice-president for project evaluation, calls “classification debt.” Explorers and developers often overstate the certainty of mineral resource classifications based on inadequate data, Desharnais said at an event in Vancouver […]

Gold topped $2,700 an ounce for the first time as concerns over escalating conflicts in the Middle East and a tight US election race prompt investors to flock to safety. Bullion climbed as much as 1% to $2,720.17 an ounce, beating the all-time high set in the previous session. The bullish sentiment spilled over to the […]

Gold set a record high on Thursday as uncertainty surrounding the US election and rising Middle East tensions prompted higher demand for safe-haven assets, while easing monetary policy environment also kept prices elevated. Spot gold hit an all-time high of $2,696.62 per ounce earlier before pulling back to $2,686.52 at noon ET for a 0.5% […]

General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and lifetime of electric vehicle battery cells. The automaker’s investment arm, GM Ventures, on Wednesday injected $10 million into Forge Nano, which is developing a thin coating the startup says will help improve safety and increase the […]

The price of gold is expected to rise to $2,941 a troy ounce over the next 12 months from the current $2,661, delegates to the London Bullion Market Association’s annual gathering predicted on Tuesday. A poll of delegates at the LBMA conference in Miami also predicted higher prices in a year’s time for silver, platinum […]

A squeeze in the London Metal Exchange aluminum market is drawing to a close, bringing relief to sellers who have been under pressure since a large buyer emerged. For months, the October aluminum contract has been a focal point for traders due to its steep premium to later-dated futures. Now, with the contract set to […]

Navoi Mining and Metallurgical Company (NMMC) achieved a historic milestone this week with the successful launch and pricing of its $1 billion debut bond offering, marking the first global debt market issuance from a gold mining company since June 2023. The offering comprises $500 million in four-year notes at 6.70% yield and $500 million in […]

Copper prices are poised to reach an all-time high in the fourth quarter of 2024, with analysts from Fastmarkets projecting an average of $10,265 per tonne. This bullish forecast, the analysts said, is driven by a combination of favorable macroeconomic conditions and tighter market fundamentals. The critical metal traded for US$9,548 per tonne (US$4.33 per lb.) […]

Gold rose over 1% on Friday after fresh US inflation data cemented the prospects of more interest rate cuts this year, while safe-haven demand stemming from geopolitical tensions also lifted bullion. Spot price gained 1.1% to $2,659.98 per ounce by 12:30 p.m. ET, erasing a weekly decline that followed last month’s record-breaking rally. US gold […]

The copper price rebounded on Thursday after hovering near a two-week low, as the market sizes up the implications of China’s policy briefing this weekend. Copper for December delivery increased by 1.1% from Wednesday’s settlement, reaching $4.44 per pound ($9,768 per tonne) in early morning trade on the Comex in New York. Enthusiasm for China’s […]