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HomeRare Earth Minerals

Rare Earth Minerals

Canada
Critical Minerals

Canada faces pressure to ban deep-sea mining

February 3, 2023 Mariel Alumit

​Canada is facing mounting pressure to declare a moratorium on deep-sea mining exploration and extraction as the country hosts an international marine conservation summit starting Friday in Vancouver. Leading to the the fifth International Marine Protected Area […]

Copper
Rare Earth Minerals

Copper price rebounds as Fed messaging weakens the dollar

February 2, 2023 Mariel Alumit

​Copper prices moved higher on Thursday after the US Federal Reserve cemented expectations that rapid interest rate rises will end soon, weakening the dollar and making dollar-priced metals cheaper for buyers with other currencies. Copper for delivery […]

People

Women in Mining Spotlight: Alison White

February 2, 2023 Mariel Alumit

​Staying on the theme of putting the spotlight on talented women in leadership roles in mining, we caught up with Alison White, executive vice president and chief financial officer of SSR Mining. Based in Denver, […]

Finance

Sprott launches four new ETFs focused on critical minerals

February 2, 2023 Mariel Alumit

​Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc. (NYSE, TSX: SII), announced on Thursday it has launched four exchange-traded funds (ETFs) focused on providing investors pure-play exposure to critical minerals essential to […]

Gold
Investments

Gold price falls from nine-month peak following Powell’s dovish remarks

February 2, 2023 Mariel Alumit

​Gold prices retreated on Thursday as the dollar rebounded and some investors locked in profits after the safe-haven metal scaled a nine-month peak on dovish remarks from Federal Reserve Chair Jerome Powell. Spot gold fell […]

Iron
Rare Earth Minerals

Iron ore price at 2-week low as traders reassess demand prospects in China

February 2, 2023 Mariel Alumit

​The iron ore price fell to a two-week low on Thursday as traders reassessed demand prospects in China. Iron ore and steel prices in China hit multi-month highs in January as markets rallied from early […]

LBMA
Rare Earth Minerals

LBMA implements optical AI technology to trace gold bars’ provenance

February 2, 2023 Mariel Alumit

The London Bullion Market Association (LBMA) announced that it has added optical AI developer Alitheon to the pool of five companies that support the Gold Bar Integrity (GBI) initiative. The GBI was launched in March […]

Africa
Coal

Seriti to build South Africa’s largest wind farm to power coal mines

February 2, 2023 Mariel Alumit

​South African coal producer Seriti Resources has inked a long-term agreement to build the country’s largest wind farm to power its operations. The 155-megawatt (MW), 4 billion rand ($236 million) project by Seriti’s green energy […]

Sojitz
Rare Earth Minerals

Sojitz to sell stake in Gibraltar copper mine to Taseko

February 2, 2023 Mariel Alumit

​Japan’s Sojitz Corp is selling its 12.5% stake in Canada’s Gibraltar Mines, the country’s second largest open pit copper mine, to local partner Taseko Mines (TSX: TKO) (NYSE: TGB), the majority owner and operator. The trading […]

Rare Earth Minerals

Copper price falls as China’s reopening boost loses power

February 1, 2023 Mariel Alumit

​The copper price retreated on Wednesday as weak demand offsetted speculative bets that the end of China’s Covid Zero policy will reignite growth. Copper for delivery in March fell on the Comex market in New […]

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