Cameco eyes expansions of uranium mines on rising nuclear demand Growing demand for nuclear power poses the “best fundamentals I’ve ever seen for nuclear in my 40-year career,” its CEO said. Bloomberg News | October 8, 2024 | 9:16 am
Iron ore price plunges as China fails to deliver fresh stimulus Iron ore price down more than 5% on Chinese stimulus disappointment. Bloomberg News | October 7, 2024 | 10:31 pm
Investors with $15 trillion signal new approach to miners The Global Investor Commission on Mining 2030 has proposed several recommendations for how investors can help bring about “an environmentally and socially responsible mining industry”. Bloomberg News | October 7, 2024 | 4:54 pm
Nickel price extends gains as metals traders await China’s return The metal used in stainless steel and batteries rose as much as 1.3% on the London Metal Exchange. Bloomberg News | October 7, 2024 | 9:52 am
Orano sees progress developing uranium mine in Mongolia A long-delayed, multi-billion dollar uranium project in Mongolia could start producing the nuclear fuel by 2030. Bloomberg News | October 7, 2024 | 7:03 am
Iron ore price rally continues Iron ore rose — adding to two big weekly gains — on speculation China’s top economic planner will unveil more stimulus measures on Tuesday. Bloomberg News | October 7, 2024 | 4:07 am
Costco’s gold bars fly off shelves as bullion prices smash records Costco is the “one bright spot” in the consumer gold-buying market, analyst says. Bloomberg News | October 7, 2024 | 3:21 am
Metals markets eye China reopening for stimulus rally cues There are still concerns that Beijing will need to act even more to restore China to its status as the growth engine for major commodities. Bloomberg News | October 7, 2024 | 12:32 am
World’s top uranium miner backs nuclear plant in referendum Voters in Kazakhstan will decide on Sunday whether to allow construction of a nuclear power plant amid worries over the environmental impact. Bloomberg News | October 5, 2024 | 1:01 pm
Ghanaians call on government to shut down all illegal gold mines Gold is a mainstay of the Ghanaian economy, accounting for nearly half of exports in 2023. Bloomberg News | October 4, 2024 | 4:11 pm
Copper smelters warn of closures as crunch talks get underway A wave of new smelter investments in China and elsewhere has left plants in growing competition to find enough ore to feed their furnaces. Bloomberg News | October 4, 2024 | 8:02 am
Angola diamonds not under sanctions but Russia link is obstacle Angola’s state-owned diamond producer said some clients were deterred by its partnership with Alrosa. Bloomberg News | October 4, 2024 | 6:58 am
