Mining

Gold miners are still cheap as record prices revive investor interest, says GOLDX’s Mancini

(Kitco News) - After a dismal few years for the mining sector, investor attention is returning to the market as gold and silver continue to set record highs, and with momentum showing no signs of abating.

Oct 15, 2025 - 11:59 AM

Canada offers tariff relief to some steel, aluminum products from US, China

Oct 20, 2025 - 4:13 PM

Rubio, Liberian minister discuss boosting US participation in Liberia’s critical minerals sector

Oct 20, 2025 - 4:11 PM

Gold price will go to $4,700/oz, miners will rise even faster by Q1 2026 – UBS’ Khandelwal

(Kitco News) – Mounting political and trade-related uncertainties are driving gold’s recent momentum, and lower real interest rates, a weaker dollar, rising government debt, and geopolitical turmoil could push the yellow metal to $4,700 per ounce, and mining stocks will do even better, according to Sagar Khandelwal, strategist at UBS Global Wealth Management.

Oct 20, 2025 - 1:08 PM

Fall in China's exports of rare earth magnets stokes supply chain fears

BEIJING, Oct 20 (Reuters) - China's exports of rare earth magnets fell in September, reigniting fears that the world's top supplier could wield its dominance over a component key for U.S. defence firms and makers of items from cars to smartphones as leverage in trade talks.

Oct 20, 2025 - 10:25 AM

HSBC expects gold’s ‘bull wave’ to hit $5,000 in 2026

HSBC on Friday forecast that gold’s bull rally would drive prices as high as $5,000 an ounce in 2026, supported by elevated risks and the impact of new entrants into the market.Spot gold breached the $4,300 level on Thursday and was headed for its strongest week since December 2008.The advance has been fueled by geopolitical tensions, robust central bank buying, rising exchange-traded-fund inflows, expectations of US rate cuts and tariff-related economic uncertainties.

Oct 17, 2025 - 1:44 PM

Hindustan Zinc posts quarterly profit rise on strong metal prices

India’s Hindustan Zinc reported a nearly 14% rise in second-quarter profit on Friday, as silver prices hit record high levels and zinc prices climbed steadily, amid resilient demand.India’s top refined zinc producer said consolidated net profit rose to 26.49 billion rupees (about $301 million) in the quarter ended September 30 from 23.27 billion rupees a year ago.Hindustan Zinc is the world’s third-largest silver producer and the largest integrated silver player in India, which is the world’s biggest consumer of silver.

Oct 17, 2025 - 1:43 PM

BHP’s China Jimblebar iron ore stocks rise as trade stalls amid contract talks

Stocks of a type of iron ore supplied by BHP are piling up at major Chinese ports to the highest levels in three months, with trade stalled as the miner remained in talks with China’s state-run buyer for a new term contract, said sources.China Mineral Resources Group (CMRG) told steel mills and traders last month not to buy BHP’s Jimblebar fines, the sources said.

Oct 17, 2025 - 1:38 PM

Hindustan Zinc posts quarterly profit rise on strong metal prices

Oct 17, 2025 - 1:32 PM

Rio Tinto ramps up Simandou stockpiles to 2 million tonnes for first shipment

Rio Tinto has stockpiled 2 million metric tons of high-grade iron ore at its Simandou project in Guinea for a mid-November shipment, three sources told Reuters, which would be the first from the mega-mine set to reshape global supplies and pricing.In its third-quarter production report on Tuesday, Rio said SimFer – one of the two mines at Simandou – had amassed 1.5 million tons of ore, with first ore loaded on rail transport in October.A spokesperson said the company continued to advance the project “at pace”, without giving details.

Oct 17, 2025 - 1:29 PM

Canada threatens Stellantis with legal action over plan to shift output to US

Canada threatened legal action against automaker Stellantis on Wednesday over what Ottawa says is the company’s unacceptable plan to shift production of one model to a U.S. plant.Stellantis announced a $13 billion investment in the U.S. on Tuesday, a move it said would bring five new models to the market. As part of the plan, production of the Jeep Compass will move to Illinois from a facility in Brampton in the Canadian province of Ontario.

Oct 16, 2025 - 4:33 PM

Guinea bauxite exports jump 23% in 3rd quarter despite rains, regulatory pressure

Guinea’s bauxite exports surged 23% year-on-year in the third quarter, defying heavy rains and regulatory headwinds, official data showed.Shipments of the critical aluminium feedstock rose to 39.41 million metric tonnes, up from 32 million in Q3 2024, according to data from the Ministry of Mines and Geology reviewed by Reuters on Wednesday.The majority of the shipment went to China.

Oct 16, 2025 - 2:36 PM

Codelco hikes 2026 European copper premium to record $345 a tonne

Codelco is offering to sell the metal at a record premium of $325 a tonne to its European customers next year, a 39% jump from this year, according to three copper market sources.Premiums set by Codelco for physical delivery of copper are paid on top of the London Metal Exchange contract and are often used as a benchmark for global contracts for the metal used in the power and construction industries.State-owned Codelco declined to comment.

Oct 16, 2025 - 2:32 PM

Brazil eyes financial guarantees, tax breaks for strategic minerals

Brazil’s government is looking to offer financial guarantees to fund strategic mineral projects and tax incentives for their processing and industrialization, according to a document seen by Reuters outlining the agenda of the first meeting of its National Mining Policy Council on Thursday.The meeting, scheduled for 3:30 PM in Brasilia (1830 GMT), will vote on a resolution creating a working group tasked with analyzing and proposing public policies to develop the supply chain for critical and strategic minerals in Latin America’s largest economy, the document said.

Oct 16, 2025 - 2:28 PM

Indonesia president sees country’s tin output back to normal in 2026

Indonesia, the world’s second largest tin producer, should see tin output return to normal in 2026, President Prabowo Subianto told a conference late on Wednesday, following a crackdown on tin mining that resulted in rising global prices.(By Stefanno Sulaiman; Editing by Gareth Jones)

Oct 15, 2025 - 2:47 PM

Botswana’s ODC sets first contract diamond sales for November

Botswana’s state-owned Okavango Diamond Company will start selling diamonds to contracted buyers next month, as it diversifies its sales channels under the government’s new deal with De Beers, managing director Mmetla Masire said on Wednesday.ODC’s allocation in the production of Debswana – the government’s 50-50 joint venture with De Beers – was increased to 30% from 25% in the new ten-year deal signed in February, with its share to reach 40% at the end of the agreement.

Oct 15, 2025 - 2:44 PM

US judge set to approve Rio Tinto’s $138.75M Mongolia mine settlement

A US judge on Wednesday said he was ready to approve Rio Tinto’s agreement to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by concealing problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia.Rio Tinto had reached a preliminary settlement with shareholders of the former Montreal-based Turquoise Hill Resources in June, pending approval from Manhattan-based US District Judge Lewis Liman.

Oct 15, 2025 - 2:28 PM

Mining

Gold miners are still cheap as record prices revive investor interest, says GOLDX’s Mancini

Canada offers tariff relief to some steel, aluminum products from US, China

Rubio, Liberian minister discuss boosting US participation in Liberia’s critical minerals sector

Record gold prices shift Indian festive demand toward coins over jewellery

Russia attacks Ukraine coal mine, second energy site

Sandvik’s orders rise on strong mining equipment demand amid gold rush

Gold price will go to $4,700/oz, miners will rise even faster by Q1 2026 – UBS’ Khandelwal

Fall in China's exports of rare earth magnets stokes supply chain fears

HSBC expects gold’s ‘bull wave’ to hit $5,000 in 2026

Hindustan Zinc posts quarterly profit rise on strong metal prices

BHP’s China Jimblebar iron ore stocks rise as trade stalls amid contract talks

Hindustan Zinc posts quarterly profit rise on strong metal prices

Rio Tinto ramps up Simandou stockpiles to 2 million tonnes for first shipment

Canada threatens Stellantis with legal action over plan to shift output to US

Guinea bauxite exports jump 23% in 3rd quarter despite rains, regulatory pressure

Codelco hikes 2026 European copper premium to record $345 a tonne

Brazil eyes financial guarantees, tax breaks for strategic minerals

Indonesia president sees country’s tin output back to normal in 2026

Botswana’s ODC sets first contract diamond sales for November

US judge set to approve Rio Tinto’s $138.75M Mongolia mine settlement