Gold price advances after 27% annual gain as traders eye US rate path Many analysts see further gains ahead this year. Bloomberg News | January 2, 2025 | 12:54 pm
China flexes lithium dominance with plans for tech-export curbs Beijing proposes including battery cathode material preparation technology to its catalog of applications that are subject to export bans or restrictions. Bloomberg News | January 2, 2025 | 12:32 pm
Indonesian prosecutors name five tin mining firms accused of illegal mining The companies allegedly colluded with former executives at PT Timah to accommodate illegal tin mining. Reuters | January 2, 2025 | 11:08 am
Hudbay receives all permits for Copper World project in Arizona According to Hudbay, Copper World is expected to increase its consolidated annual copper production by more than 50% from current levels. Staff Writer | January 2, 2025 | 11:00 am
China’s 2025 iron ore imports set to hit new high even as steel demand dwindles UBS forecasts a moderate surplus in 2025 and prices holding up around $95-100/t under the base case scenario. Reuters | January 2, 2025 | 9:28 am
LME nickel hits four-year low as 2025 opens with eyes on China Prices for nickel, used in stainless steel and batteries, dropped towards $15,000 a ton on the London Metal Exchange. Bloomberg News | January 2, 2025 | 9:09 am
Manganese X secures $1.4m investment from Sprott Manganese X said it will use the proceeds to advance the Battery Hill project in New Brunswick. Staff Writer | January 2, 2025 | 8:56 am
Cameco suspends uranium production at Inkai JV in Kazakhstan over bureaucratic holdup The in-situ recovery JV with Kazatomprom didn’t get an extension to submit its project paperwork. Blair McBride - The Northern Miner | January 2, 2025 | 8:56 am
Gates, Bezos-backed KoBold Metals raises $537 million in race for critical minerals The funding round valued KoBold at $2.96 billion. Staff Writer | January 2, 2025 | 8:41 am
