Lithium Prices Plunge 90% from 2022 Peak as Supply Outpaces Demand
Lithium prices have plummeted nearly 90% from their 2022 peak, as supply outpaces demand in the critical battery metal market, industry analysts report. The price collapse has wiped out gains made during the 2021-2022 surge, despite rising electric vehicle adoption, particularly in China. Slowing EV sales outside China have further dampened demand. Last week, unconfirmed […]
Barrick Gold Suspends Operations at Porgera Mine Amid Escalating Tribal Violence
Barrick Gold Corp. (TSX: ABX) has suspended most operations at its Porgera mine in Papua New Guinea following the deaths of two employees during a violent outbreak in the surrounding region. The Toronto-based mining giant made the decision as local unrest, rooted in a tribal conflict, continues to destabilize the Enga province, where the mine […]
Ascot Resources Obtains Waivers With Creditors Through To October 31
Lenders to Ascot Resources (TSX: AOT) appear to be keeping the company on a short leash, with the company this morning revealing it has obtained credit waivers for certain defaulted debts. The waivers however are brief in natural, and are valid through to just October 31, 2024. The defaults relate to the company earlier this […]
ATHA Energy Expands Land Package At Angilak Following 2024 Exploration Program
Atha Energy (TSXV: SASK) has expanded its land claims at the Angilak project in Nunavut. The company has nearly doubled its land claims in the region, adding 69,704 hectares through the addition of 48 claims via staking, bringing its total holdings at the project to 158,447 hectares.
BHP’s Nickel Shutdown Derails Plans for LME Alternatives
Global Commodities Holdings Limited (GCHL) and Abaxx Technologies Inc., two new nickel trading platforms aimed at challenging the London Metal Exchange (LME), have been forced to delay their launches due to recent industry developments. Mining giant BHP Group Ltd (ASX: BHP) decided to suspend its nickel operations in Western Australia. The company, which had previously […]
KSM Royalty: Nations’ Stake In The Largest Fully Permitted Copper-Gold Deposit
FULL DISCLOSURE: This is sponsored content for Nations Royalty. In this interview at the Precious Metals Summit 2024, Robert McLeod, CEO of Nations Royalty Corp. (TSXV: NRC, OTCQB: NRYCF), provides insights into the current mining industry landscape and his company’s unique approach to royalties. McLeod begins by addressing the notable disconnect between high gold prices and […]
$200M Cash, 8.8% Dividend Yield w/ 450K oz Gold Target | Aura Minerals with Rodrigo Barbosa
In this interview at the Precious Metals Summit 2024, Rodrigo Barbosa, President & CEO of Aura Minerals Inc. (TSX: ORA, B3: AURA33, OTCQX: ORAAF), provides a comprehensive overview of the company’s growth strategy and future prospects. Barbosa begins by highlighting Aura’s impressive growth trajectory, noting the increase from 120,000 ounces of gold production six years […]
Mexico Has Not Banned Open Pit Mining | Silver Tiger Metals with Glenn Jessome
In this interview at the Precious Metals Summit 2024, Glenn Jessome, President and CEO of Silver Tiger Metals Inc. (TSXV: SLVR, OTCQX: SLVTF), provides a comprehensive update on the company’s El Tigre project in Mexico. Jessome begins by highlighting a significant upcoming milestone: the release of a Pre-Feasibility Study (PFS) in early October. This study […]
Fuerte Metals: Well-Funded and Backed by Industry Giants
In this interview at the Precious Metals Summit 2024, Tim Warman, CEO & Director of Fuerte Metals Corporation (TSXV: FMT), provides insights into the company’s strategy and recent developments against the backdrop of the current precious metals market. Warman begins by explaining Fuerte Metals’ formation through a merger, setting the context for their current operations. […]
BHP: Rising AI Demand Could Trigger Copper Crisis by 2050
The rapid rise of artificial intelligence is transforming industries worldwide, but it may also create an unforeseen consequence: a critical shortage of copper. Copper, an essential metal in electrical infrastructure and clean energy technologies, is expected to face unprecedented demand in the coming decades, driven in part by the energy-intensive needs of AI applications. BHP, […]