Battery Metals

Graphite One (TSXV: GPH) has been earmarked for a potential $325 million financing from the Export-Import Bank of the United States (EXIM) to support its production of battery anode materials. The funding, if approved, would be made through the EXIM’s “Make More in America” and “China and Transformational Exports Program” (CTEP) initiatives, which are designed to strengthen sectors that […]

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 […]