The 7 Best Silver Mining Stocks To Invest In Now

TipsForTraders | February 28, 2024

These 7 mining stock are worth taking a deeper dive on….. In the dynamic world of precious metals investments, silver stands out for its industrial and monetary value, offering a lucrative opportunity for those looking to diversify their portfolios. Amidst a myriad of options, our analysts have found seven silver mining stocks that have emerged […]

Panama president directs First Quantum to shut copper mine after court ruling

reuters | November 28, 2023

By Elida Moreno and Valentine Hilaire PANAMA CITY (Reuters) – Panama’s president said on Tuesday that Canadian miner First Quantum’s lucrative copper mine Cobre Panama would be shut down, hours after the country’s Supreme Court declared its contract unconstitutional. President Laurentino Cortizo said in a televised address on Tuesday evening that “the orderly and safe […]

Lithium miner SQM loses $1 billion in market value as lower prices dent profit

reuters | November 16, 2023

By Sarah Morland (Reuters) -Chile’s SQM, the world’s second-largest lithium producer, saw more than $1 billion wiped from its market value on Thursday as investors reacted to a third quarter profit hammered by sliding prices of the key battery metal. SQM’s Santiago-listed shares had lost around 8% by early afternoon trading, accounting for some 1 […]

Panama Orders Halt to New Mining Projects as Street Protests Grow

Cam White | October 28, 2023

By Valentine Hilaire (Reuters) -Panama will reject all new mining projects, the president said on Friday, as his government defends a controversial contract extending operations for two decades at a major copper mine that has sparked growing protests demanding its cancellation. President Laurentino Cortizo announced that the new mining restrictions will apply to both future […]

Vietnam Arrests Rare Earth Industry Officials, Casting Shadow Over Plans to Rival China

Cam White | October 20, 2023

By Khanh Vu and Francesco Guarascio HANOI (Reuters) -Police in Vietnam have arrested six people accused of violating mining regulations, including the chairman of a company at the forefront of a drive to create a rare earth industry that could challenge China’s dominance of the sector. Vietnam’s government is planning to auction new mining concessions […]

Indonesia Proposes Critical Minerals Trade Deal with U.S.

Cam White | September 7, 2023

JAKARTA (Reuters) – Indonesia has asked the United States to begin talks on a trade deal for critical minerals so that exports from the Southeast Asian country can be covered under the U.S. Inflation Reduction Act, an Indonesian ministry said on Thursday. The request was made when Indonesian President Joko Widodo met with U.S. Vice […]

Peru’s Minsur to Invest at Least $2 Billion as It Expands Copper, Tin Operations

Cam White | September 1, 2023

LIMA (Reuters) -Peruvian miner Minsur has announced an investment of at least $2 billion in five years as it expands its copper and tin operations, an executive told Reuters on Thursday. Minsur is set to invest around $543 million in an underground project in Justa mine, which is owned by the firm and Chilean mining […]

Indonesian Nickel Smelters Turn to Philippines for Ore as Local Supply Tightens

Cam White | August 30, 2023

By Mai Nguyen and Siyi Liu (Reuters) – Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease tight supplies, people familiar with the matter said, upending trade flows of the raw material and pushing up costs across the supply chain. Jakarta recently delayed the issuing of mining […]

Barrick beats quarterly profit estimates on higher gold prices

Cam White | August 8, 2023

(Reuters) – Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal. Average prices of gold during the reported quarter rose 4.3% compared to last year, nearly touching an all-time high in May as U.S. banking concerns accelerated a rush to […]

China gallium, germanium export curbs kick in; wait for permits starts

Cam White | August 1, 2023

BEIJING (Reuters) -China’s export controls on some gallium and germanium products take effect on Tuesday, with traders braced for a drop in international supply in August and September while exporters sort out newly required permits. China, the world’s top supplier of the two minor metals used to make semiconductors, announced restrictions on the exports of […]

Next Page »