Cobalt prices are surging after the Democratic Republic of Congo (DRC), the world’s largest producer, extended its export ban by three months in a bid to address global oversupply and stabilize plunging prices. According to the Financial Times, cobalt prices on China’s Wuxi Stainless Steel Exchange rose nearly 10 percent after the DRC government announced...

Lithium Universe (LU7:AU) has announced Settlement of Tranche 1 Share Placement Download the PDF here. This post appeared first on investingnews.com

One of the sharpest copper supply crunches in recent memory is rattling global commodities markets, as inventories at the London Metal Exchange (LME) plummet and the spot price soars. Bloomberg reported that as of Monday (June 23), copper for immediate delivery was trading at a premium of US$345 per metric ton over three month futures,...

Copper miners with productive assets have much to gain as supply and demand tighten. In May 2024, the copper price hit a new all-time high of US$10,954 per metric ton (MT) on the London Metal Exchange and US$5.20 per pound on the COMEX on the back of increasing demand and growing supply concerns. Copper is...

Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) (‘Lode Gold’ or the ‘Company’) is pleased to announce that it has engaged experienced capital markets and strategic advisors to support the advancement of its Fremont Mine in Mariposa, California. These advisors will assist in securing strategic investors and partners as the Company moves into the next...

Germany and Italy are facing mounting domestic pressure to repatriate more than a third of their gold reserves — worth an estimated US$245 billion — currently held in New York by the US Federal Reserve. Germany and Italy hold the world’s second and third largest gold reserves, trailing only the US. A substantial portion of...

Here’s a quick recap of the crypto landscape for Monday (June 23) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) is priced at US$102,876, an increase of 4.2 percent in the last 24...

Lithium Universe (LU7:AU) has announced Change of Management Role Download the PDF here. This post appeared first on investingnews.com

Canada’s tech sector saw momentum this week, with announcements spanning venture capital and quantum computing, as well as global policy leadership news out of the G7 summit. Axl on a mission to retain Canadian innovation On Tuesday (June 17), Axl, a newly founded Canadian venture studio, announced plans to help launch 50 artificial intelligence (AI)...

DY6 Metals Ltd (ASX: DY6, “DY6” or the “Company”) is pleased to announce the initial visual estimations from the reconnaissance exploration program at the Douala Basin HMS Project, Cameroon. Desktop studies incorporating detailed geological mapping, geophysics, and known mineral occurrences, were used to define initial, high priority targets for ground- truthing. The reconnaissance programme, which...