The supportive force behind today's partial recovery is softer US inflation data. Producer prices unexpectedly fell in June, marking the first such decline in nearly a year, driven by lower energy costs, while core PPI rose just 0.2%, below economist forecasts. This followed an …
The supply-side story centers on Chile, where production has declined due to a combination of water shortages, lower ore grades, unplanned maintenance, the ongoing transition from oxide to sulfide ore processing at several mines, and labor disputes. This combination of factors reflects genuine operational …
The profitability backdrop remains genuinely challenging: Chinese steel mills reported widening losses, as elevated coking coal costs and persistently weak finished steel prices continued to squeeze margins from both directions. This kind of margin compression, where input costs rise while output prices stay depressed, …
On the export side, China shipped 57.87 million tons of steel abroad during the first half of the year, down 5.6% from the same period last year. A decline of this magnitude in a country that has long been the world's dominant steel exporter …
A significant driver behind the renewed supply growth was CATL's Jianxiawo mine, among the largest lithium mines in the world, which cleared security permits to restore activity following a prolonged suspension. The return of an operation of this scale to the market represents a …
Deal joins Hycroft after a tenure at First Majestic Silver where he was responsible for overseeing a portfolio of mines and development projects. His experience includes directing large‑scale capital initiatives and leading teams that focused on improving ore‑processing efficiency. While at First Majestic, Deal …
A fully funded tungsten project in Northern Portugal is set to provide a new source of supply in the global critical minerals market. Allied Critical Metals Inc. has introduced its brownfield portfolio as a strategic alternative to China’s long-standing control over tungsten, a metal …
Antofagasta PLC, a leading copper producer, reported a copper output miss, but affirmed guidance for the second half of the year, citing expected pick-up in production. The company's shares rose in recent trading. This development highlights the challenges faced by copper producers in meeting …
Gold prices have eased from their recent record levels, steering investors toward a more guarded stance. The movement has immediate repercussions for mining equities, precious‑metal exchange‑traded products and broader commodity indices, as market participants adapt to the new price environment.
Mesabi Trust (NYSE: MSB) recently announced that its trustees approved a distribution of five cents per unit. This decision reflects the trust’s latest financial outcomes and serves as an important measure of its operational performance.