Pan American Silver, precious-metals miner, and MAG Silver, project partner in Mexico’s Juanicipio mine, have received approval from Mexico’s competition regulator for Pan American’s $2.1-billion acquisition of MAG, clearing the deal to close on or about September 4, 2025. MAG investors can elect $20.54 in cash per share or $0.0001 plus 0.755 of a Pan...
READ MOREDepartment of the Interior, federal resource agency, and the U.S. Geological Survey, science bureau, have proposed a 2025 list of 54 critical minerals that newly elevates copper and silver to “critical” status, shaping federal investment, permitting and stockpiling strategy for the next three years. The draft, to be posted in the Federal Register on August...
READ MOREMP Materials, rare-earths miner, and Albemarle, lithium producer, stand to benefit as the Commerce Department considers reallocating at least $2 billion from the CHIPS and Science Act toward mining, processing and recycling projects, according to people briefed on the talks. The shift would move money from semiconductor research and fab incentives to shore up U.S....
READ MOREContemporary Amperex Technology (CATL), electric-vehicle battery maker, and Guangzhou Futures Exchange, commodities bourse, have become the twin catalysts of August’s lithium rally after CATL suspended operations at its Jianxiawo mine, lifting the CME lithium carbonate contract by 27% since the start of the month and turbocharging producer shares. Futures fever outruns fundamentals The immediate market...
READ MOREAlmonty, tungsten producer, and KfW IPEX-Bank, project lender, have cleared the last steps to start up the Sangdong mine in South Korea, with all plant equipment installed and financing fully drawn; initial production is targeted for the second half of 2025. The group said its Panasqueira mine in Portugal continues to provide steady output and...
READ MORERio Tinto, diversified miner, and BHP, diversified miner, have had a planned federal land transfer for their Resolution Copper project in Arizona paused by a U.S. appeals court, prompting public criticism from President Donald Trump. The San Francisco-based Ninth Circuit issued a temporary stay of the transfer while it considers arguments from the San Carlos...
READ MOREMetallium, an e-waste metals recovery developer, and Flash Metals USA, its U.S. subsidiary, have advanced development of a Technology Campus in Chambers County, Texas that will host their first commercial Flash Joule Heating (FJH) plant, targeting commissioning in December 2025. The company reported proven performance on U.S.-sourced e-waste feedstocks—gold at 100% recovery from material grading...
READ MOREJapan’s Cabinet Office Strategic Innovation Promotion Program (SIP), a government R&D initiative, and research partners have set January 2026 for trial mining of rare-earth-bearing mud on the seabed off Minamitorishima, its easternmost territory, with pilot extraction targeted for the first half of fiscal 2027. The campaign—at around 6,000 meters depth—aims to cut exposure to China...
READ MORENvidia, AI-chip maker, and Taiwan Semiconductor Manufacturing, contract foundry, have doubled down on copper interconnects even as the industry touts silicon photonics, with chief executive Jensen Huang saying optical I/O remains “several years away” from broad deployment and that systems should “stay with copper for as long as we can.” The stance comes as Nvidia...
READ MORERusal, primary aluminium producer, and En+, controlling shareholder, reported a 1.7% year-on-year drop in aluminium production to 1.924 million tonnes in January–June 2025 even as sales volumes rose 21.6% to 2.3 million tonnes, with alumina output up 13.5% to 3.4 million tonnes and bauxite up 21.8% to 9.668 million tonnes. The Russian group deepened its...
READ MOREBarrick, gold–copper producer, and Pakistan’s federal and Balochistan governments, Reko Diq co-owners, have opened talks with U.S. and multilateral lenders on a financing package of as much as $3.5 billion to build the $9 billion copper-gold mine after long-discussed Saudi backing failed to materialise. The plan targets a 2028 start-up and includes prospective support from...
READ MOREAllonnia, biotechnology developer, and Eagle Mine, US nickel producer owned by Lundin Mining, will deploy a D-Solve mobile unit at Eagle’s Michigan site in 4Q 2025 to remove magnesium and other deleterious elements from nickel concentrate, aiming to raise payable metal and cut smelter penalties in a live production environment. The on-site pilot is designed...
READ MORERusal, aluminium producer, and Guinea’s labour unions have clashed at the Friguia alumina complex as workers launched a strike and blocked the refinery’s rail link to the port of Conakry, halting alumina movements while demanding implementation of a new sectoral agreement. The action follows a complaint over working conditions and comes amid Guinea’s more muscular...
READ MOREBloombergNEF, energy-research firm, and Microsoft, cloud operator, have put hard numbers on the data-center pull on copper: BNEF estimates demand from the sector will average 400,000 t a year over the next decade, peaking at 572,000 t in 2028 and reaching a cumulative 4.3 Mt in use by 2035—layers of new consumption that could stretch...
READ MOREContemporary Amperex Technology, EV battery maker, and Jiangxi regulators have paused output at the Jianxiawo lithium mine in Yichun for at least three months after a key licence expired on Aug. 9, tightening near-term supply from China’s largest lithium hub and sending Guangzhou futures up the daily limit to ¥81,000/t (~$11,260) on Aug. 11. Industry...
READ MOREPemex, Mexico’s state oil company, and LitioMx, the national lithium vehicle, have put lithium on the company’s 2025–2035 agenda, with Pemex evaluating direct lithium extraction (DLE) from brines encountered in hydrocarbon wells across five states and considering a new subsidiary, “Pemex Lithium,” to process output into carbonate or hydroxide. Chief executive Víctor Rodríguez said initial...
READ MOREThe United States, government, and Switzerland, global refining hub, have stepped back from a tariff flashpoint after President Donald Trump posted that “Gold will not be Tariffed!”, easing market turmoil triggered by a July 31 Customs and Border Protection (CBP) letter that placed one-kilogram and 100-ounce bars under a duty-liable customs code. Prices steadied after...
READ MOREEmirates Global Aluminium, producer and smelter operator, and Emirates Nuclear Energy Company, nuclear utility, have delivered the UAE’s first batch of aluminium made with electricity from the Barakah Nuclear Energy Plant, branding the product “MinimAL” and sending initial tonnes to Egypt’s Canex Aluminium for downstream uses in infrastructure, solar, transport and architecture. The launch adds...
READ MOREUnited States and Switzerland, global gold-refining hub, have upended bullion trade after Washington reclassified one-kilogram and 100-ounce bars under a tariff-liable customs code, exposing a core format for New York delivery to duties amid a wider 39% levy on Swiss imports. Futures in New York spiked to a record as traders scrambled to assess supply...
READ MORECodelco, Chile’s state copper miner, and Sernageomin, the national mining regulator, have signalled that the July 31 collapse at El Teniente likely stemmed from stresses created by ongoing extraction rather than a natural quake, as the company seeks permission to reopen parts of the world’s largest underground copper operation following six deaths and nine injuries....
READ MOREUnited States, government, and Cook Islands, Pacific micro-state, have begun negotiations on a programme to chart the island nation’s 1.96 million-km² exclusive economic zone, aiming to quantify polymetallic nodules that could feed battery supply chains and lessen China’s grip on critical minerals. The talks come five months after Avarua signed a five-year cooperation agreement with...
READ MOREFirst Quantum, copper producer, and Royal Gold, precious-metals streamer, have agreed a $1 billion upfront gold streaming deal tied to by-product output at Kansanshi in Zambia, handing the miner immediate liquidity as it completes the S3 expansion—described in recent materials as a $1.3 billion programme—while the buyer targets 35,000–40,000 oz a year of deliveries over...
READ MOREAustralia, resources exporter, and MP Materials, U.S. rare-earth producer, have moved to formalise price support in critical minerals, with Canberra studying price floors for rare earths and other inputs after Washington guaranteed a $110 per-kg floor for key oxides in a July deal with MP Materials. Shares in Australian names rose Tuesday, including Lynas Rare...
READ MOREFidelity International, asset manager, and Goldman Sachs, investment bank, have both argued gold could challenge fresh records into 2026, with Fidelity saying prices could reach $4,000/oz by the end of next year as the Federal Reserve eases policy, the dollar weakens and official-sector purchases remain strong. Spot bullion traded around $3,310–$3,350/oz in early August after...
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