Mining

Gold price above $3,000: Are generalist investors about to flood into gold and mining stocks?

(Kitco News) - Gold prices have soared to a record high of above $3,000 per ounce, prompting a breakout in mining stocks and renewed interest in precious and base metals amid mounting macroeconomic and geopolitical uncertainty.John Feneck, founder and CEO of the Feneck Commodities Report, said the sharp rally in gold came as the broader U.S. equity market saw $5 trillion in value erased, driven in part by concerns over trade policy under a second Trump administration.

Mar 24, 2025 - 12:23 PM

Former Newmont executive tapped to oversee mining on US energy council, sources say

March 20 (Reuters) - Former Newmont (NEM.N), executive David Copley has been tapped to oversee the mining portfolio for the U.S. National Energy Dominance Council, two sources familiar with the appointment said, making him the highest-ranking federal official shaping domestic minerals policy.

Mar 21, 2025 - 8:34 AM

Amplats proposes name change to Valterra ahead of spin-off

Anglo American Platinum (Amplats) has proposed to change its name to Valterra Platinum ahead of its planned spin-off into a standalone unit, the company said on Thursday.The world’s top producer of platinum group metals (PGM) by volume expects to be hived off parent company Anglo American Plc by June as the global mining giant narrows its focus to energy transition metal copper and iron ore.Amplats’ proposed new name would be put up to a shareholder vote at its annual general meeting on May 8, the company said in a statement.

Mar 20, 2025 - 1:30 PM

China’s HBIS collaborates with Vale to advance steel decarbonization

Chinese steelmaker HBIS group signed a memorandum of understanding (MoU) with iron ore mining giant Vale to promote decarbonization in the steel value chain, both companies said on Thursday.Both parties will jointly identify optimal burden solutions for low-carbon transition and exploring the feasibility of using the Tecnored furnace to treat solid waste and extract valuable metals, they said.

Mar 20, 2025 - 1:28 PM

India’s Hindalco to invest $5.2 billion across metals business

Hindalco Industries, one of India’s largest aluminum and copper producers, said on Thursday it plans to invest 450 billion rupees ($5.21 billion) in its aluminum, copper, and specialty alumina businesses.The investment will be to deliver both upstream and high-precision engineered products, Hindalco said in a filing.The company is on track to surpass 1 million ton of refined copper production, Kumar Mangalam Birla, chairman of Aditya Birla Group, said in an address during a company event.

Mar 20, 2025 - 1:26 PM

China’s ‘Hermes of gold’ shines despite lacklustre demand for high-end goods

Vivian Wang bought a gold medallion decorated with a carved dragon from Laopu Gold nearly a decade ago, but forgot about the brand until last year when it appeared all over her social media feeds.Swiping through post after post about Laopu Gold, the sales and marketing professional from Shanghai came across her dragon medallion, which was now selling for double what she paid at 220,000 yuan ($30,440.14).

Mar 20, 2025 - 1:23 PM

Why Agnico Eagle quietly invested in Collective Mining & what’s next for Apollo discovery

(Kitco News) - Collective Mining has announced further expansion of its Apollo discovery at the Guayabales project in Colombia, reporting high-grade gold intercepts as the company continues aggressive drilling.

Mar 19, 2025 - 3:16 PM

Congo plans cobalt export quotas, partnership with Indonesia to tackle glut

The Democratic Republic of Congo intends to impose export quotas on cobalt following a four-month export ban, and plans to partner with Indonesia, another key producer, to manage global supply and pricing, according to DRC’s prime minister.The announcement was made during a cabinet meeting on Friday.In a bid to curb a global supply glut, the quotas will be enforced in two parts, one focusing on exports and the other on local mineral transformation, according to the cabinet meeting minutes seen by Reuters on Wednesday.

Mar 19, 2025 - 2:05 PM

European bismuth prices rocket to record highs on China export curbs

Bismuth prices in Europe have surged to all-time highs as China’s export controls squeeze supplies of the mineral used in atomic research, cosmetics and pharmaceuticals, according to traders and experts.Prices of bismuth have jumped to $40 a lb on the European spot market, an all-time high, up from $6 per lb in late January, a more than six-fold rise.In the United States, bismuth prices are even higher – at $55 a lb compared with $6.5-$7 before China’s export curbs.

Mar 19, 2025 - 2:03 PM

Gold prices surge, but miners lag behind: GoldMining CEO on the disconnect & significant investment opportunity

(Kitco News) - Despite gold prices climbing 41% year over year and trading above $3,000 an ounce, mining equities have yet to catch up, creating what industry leaders see as a significant investment opportunity.

Mar 18, 2025 - 4:23 PM

Gold miners swipe right on mergers: The next big deals to watch

(Kitco News) - The gold mining sector is seeing renewed consolidation momentum as mid-tier producers look to scale up in an era of strong cash flow and heightened geopolitical risks.

Mar 18, 2025 - 3:50 PM

Uranium’s turning point: Supply squeeze, AI demand, and the nuclear energy boom - Scott Melbye

(Kitco News) - The uranium market is at a breaking point, caught between skyrocketing demand for nuclear power and a crippling supply deficit.

Mar 18, 2025 - 3:29 PM

Mining

Gold price above $3,000: Are generalist investors about to flood into gold and mining stocks?

Gold rally attracts investors back to mining stocks after months of outflows

Peru copper output up 7% in January

Mineral Resources resumes haulage at Onslow Iron project

Gold Road rejects Gold Fields' 'highly opportunistic' $2.1 billion takeover bid

Perpetua to make official loan application to US EXIM in second quarter

Paladin Energy halts uranium mining in Namibia due to heavy rainfall

Iron ore price set for weekly loss on caution over China demand prospects

Ukrainian tax authorities suspend VAT refunds for Ferrexpo

Former Newmont executive tapped to oversee mining on US energy council, sources say

Amplats proposes name change to Valterra ahead of spin-off

China’s HBIS collaborates with Vale to advance steel decarbonization

India’s Hindalco to invest $5.2 billion across metals business

China’s ‘Hermes of gold’ shines despite lacklustre demand for high-end goods

Why Agnico Eagle quietly invested in Collective Mining & what’s next for Apollo discovery

Congo plans cobalt export quotas, partnership with Indonesia to tackle glut

European bismuth prices rocket to record highs on China export curbs

Gold prices surge, but miners lag behind: GoldMining CEO on the disconnect & significant investment opportunity

Gold miners swipe right on mergers: The next big deals to watch

Uranium’s turning point: Supply squeeze, AI demand, and the nuclear energy boom - Scott Melbye