USDA Grants $14 Million to Utah Project as U.S. Seeks Potash Self-Sufficiency
Global demand for fertilizers is climbing as food security and sustainable agriculture rise to the forefront of policy debates. Against this backdrop, the U.S. Department of Agriculture (USDA) has announced a US$14 million grant to Sage Potash, a Canadian-listed company, for the advancement of its Utah-based Paradox Basin project. The initiative underscores Washington’s growing urgency […]
Anglo American and Teck Resources Announce $53B ‘Merger of Equals’ to Create Copper Powerhouse
The global mining sector witnessed a historic shakeup this week with Anglo American and Teck Resources announcing a $53 billion all-stock “merger of equals” that will create one of the largest copper producers in the world. The newly combined entity, Anglo Teck, is set to deliver annual copper output of approximately 1.2 million tonnes, establishing […]
Teck Resources and Anglo American Announce Major Copper Merger
In a move reshaping the global mining industry, Teck Resources and Anglo American have agreed to a landmark $53 billion “merger of equals,” creating one of the world’s largest copper producers. The combined entity, which industry analysts expect to rank among the top five global copper producers, is projected to deliver $2.2 billion in annual […]
LME Zinc and Nickel Show Modest Moves; Zinc Inches Higher Amid Stability, Nickel Lags
Global commodity markets are navigating a delicate balance as investors weigh monetary easing prospects against uneven supply-demand dynamics. On September 8, LME zinc futures advanced 0.49%, while nickel futures managed only a modest 0.29% rise. These moves, though seemingly small, highlight a broader divergence in sentiment across the base metals complex that investors cannot afford […]
U.S. Adds Silver to Critical Minerals List, Reflecting Industrial Role
Silver has long been prized as a precious metal, but its industrial demand and supply vulnerabilities are now drawing renewed attention from policymakers and investors alike. The U.S. Geological Survey (USGS) has officially designated silver as a critical mineral, elevating its status alongside lithium, cobalt, and rare earths. This move underscores not just silver’s monetary […]
Copper & Base Metals Drift Ahead of US Jobs Data and Fed Meeting
The base metals market is showing a cautious yet optimistic tone as copper and its peers edged higher today, with traders squarely focused on two critical catalysts: the upcoming U.S. payroll data and next week’s Federal Reserve meeting. Investors are weighing whether the world’s most influential central bank will adopt a more hawkish or dovish […]
Copper Extends Gains on Tighter Supply Signs, Softer Dollar
Copper is once again in the spotlight as prices push higher, supported by signs of tightening supply and a weaker U.S. dollar. For investors, the red metal’s latest rally underscores not only short-term trading opportunities but also broader themes driving the commodities market in 2025. With copper’s role as a barometer of global growth, this […]
Gold Price Edges Higher as Investors Await Fed Signals and Powell Speech
Gold prices pushed higher on Wednesday as investors positioned themselves ahead of key U.S. Federal Reserve updates, with the minutes from the central bank’s July meeting due this afternoon and Chair Jerome Powell set to deliver remarks at the Jackson Hole symposium on Friday. Spot gold rose 0.8% to $3,341.56 per ounce by late morning […]
Newmont’s Earnings Power at $3,200+ Gold
Why it matters now: Newmont (NEM) posted a clean Q2 beat as record prices flowed through the P&L, with $3.0B adjusted EBITDA and $1.6B adjusted net income. Average realized price hit about $3,320/oz, showcasing the earnings torque even as the company integrates Newcrest assets. Context: Producers are increasingly focused on balance sheet strength and disciplined […]
Hudbay + Mitsubishi Advance Copper World (AZ)
Why it matters now: Mitsubishi Corporation will invest $600M for a 30% JV stake in Hudbay’s Copper World project in Arizona, committing to fund DFS and participate in design, financing, and construction. The deal, expected to close late 2025/early 2026 pending approvals, meaningfully de‑risks the project and signals OEM/industrial interest in U.S. copper supply. Context: […]
