Which critical minerals will be crucial for the AI boom? Semiconductors have been likened to the ‘picks and shovels’ of the AI boom. James Cooper | July 5, 2024 | 12:55 pm
India boosts gold reserves by most in two years, WGC says The Reserve Bank of India added more than nine tons in June, based on calculations using weekly data from the bank. Bloomberg News | July 5, 2024 | 11:06 am
Gold’s doldrums strength Gold has shown impressive strength weathering 2024’s summer doldrums. Adam Hamilton - Zeal Intelligence | July 5, 2024 | 10:55 am
US miners push Washington to revive long-dormant Bureau of Mines The push to resuscitate it and add new responsibilities would, supporters argue, allow Washington to craft a unified critical minerals policy. Reuters | July 5, 2024 | 10:45 am
Vedanta says it has arranged $250 million to settle Zambian copper mine debts Vedanta will still need to raise an additional $1 billion revive the mining operations at KCM. Reuters | July 5, 2024 | 10:19 am
British Columbia’s Haida Nation Aboriginal title sparks constitutional questions British Columbia's formal recognition of the Haida Nation's Aboriginal title over a group of islands near the Alaskan panhandle is a reconciliation milestone. But it’s raising legal and economic questions. Henry Lazenby - The Northern Miner | July 5, 2024 | 10:00 am
Gold prices rise to one-month high after US jobs report Bullion is up more than 2% for the week so far. Reuters | July 5, 2024 | 9:51 am
Panic short-covering ignites Comex copper as shipments fail to arrive August futures on Comex on Friday climbed to a five-week high of $4.6965 a pound or $10,354 a metric ton. Reuters | July 5, 2024 | 9:31 am
Teck jumps on buyback, debt plan after coal sale to Glencore The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders. Bloomberg News | July 5, 2024 | 9:26 am