Category: Commodities

 

There is nothing holding back the price of uranium, even it gets to triple digits, said Warren Gilman, chair and CEO of Queen’s Road Capital. Gilman spoke to Kitco at the Deutsche Goldmesse fall 2023 show. Toronto-listed Queen’s Road Capital (TSX:QRC) invests in mining companies...

Last week, Core Lithium said it would close its Grants mine near Darwin, cutting 150 jobs. Two days later, it was the loss-making Savannah nickel mine, with 140 jobs gone. And the battery minerals sector could be on track for more mine closures as its quarterly...

LONDON, Nov 1 (Reuters) – Nyrstar said it plans to temporarily close two zinc mines in the U.S. state of Tennessee at the end of November due to weak prices and the impact of inflation. Dutch-based Nyrstar, majority owned by trading and logistics company Trafigura,...

Interview Recorded – 29th of September 2023 On this episode of the WTFinance podcast I had the pleasure of speaking with Rick Rule – Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business. During our conversation we spoke...

Renault Chairman Says China Raw Material Risk Wakes Him at Night Senard says EU hasn’t assessed dependence on Chinese metals Alludes to China’s new gallium, germanium export restrictions   LINK

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 terawatt-hours...

Appian Capital Advisory bought the Santa Rita nickel mine out of bankruptcy for $68 million and the Serrote copper-gold project for $40 million in 2018. The previous owners of the Santa Rita had already spent $1 billion building the mine. Last week, the London-HQ company sold...

For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper. The world’s second-largest bullion producer recently approached First Quantum Minerals Ltd. to discuss a potential takeover, Bloomberg reported last week. And while the move was unsuccessful — Barrick’s informal overtures...