Uganda Aims for Increased Exports with Launch of Its First Large-Scale Gold Mine
Uganda has inaugurated its first large-scale gold mine, a $250 million Chinese-owned project in the country’s east that will also refine the bullion to 99.9% purity, according to a statement from the president’s office. The landlocked east African country, which has a variety of minerals including copper, cobalt and iron ore, wants to expand its […]
July Inflation Data Leaves Economists Anxious
July inflation data has economists on edge Markets ended the week largely unfazed by a hotter wholesale inflation print and signs of firming consumer prices, but some economists warn the underlying story is more concerning than investors seem to believe. The Producer Price Index (PPI) for July surged to a three-year high, with services inflation […]
Waste-Free Chemical Process Extracts Essential Battery Metals from Neglected Mineral
Chemical Process Produces Critical Battery Metals from This Unloved Mineral with No Waste A New Zealand-based startup is pioneering a groundbreaking method to extract essential battery minerals from mining waste, specifically targeting olivine, a silicate mineral often overlooked in mining operations. Traditionally regarded as low-value, olivine is primarily used in niche applications, such as creating […]
Metal Markets Stabilize as Trump-Putin Meeting Commences
Stock image. Industrial and precious metals held steady as markets awaited the outcome of the summit between US President Donald Trump and his Russian counterpart Vladimir Putin. Metals from gold to copper traded in a narrow range Friday ahead of the talks in Alaska. Any arrangement bringing an end to the war in Ukraine could […]
Stocks Surge to Record Highs Again Amid Warning Signs: Can the Bull Market Persist?
Stocks power to record highs again despite warning signs. Can the market’s strong run continue? The market wants a Federal Reserve interest-rate cut soon, but it doesn’t want to need one. Wall Street economists are fixated on identifying tariff effects, yet stocks either celebrated or shrugged off three warm and sticky inflation readings this week, […]
Q2 2025 Fundamentals of Gold Mining Companies
Image from Newmont. Gold miners just finished reporting their best quarterly results ever. Mainly thanks to amazing record gold prices, its miners achieved epic record revenues, record unit profits, record bottom-line earnings, and record operating cashflows. Last quarter proved gold miners’ eighth in a row of huge mostly-high-double-digit profits growth. Gold stocks remain seriously undervalued […]
AI Experts Return from China in Shock: U.S. Power Grid’s Vulnerability Could Mean the Race is Already Lost
AI experts return from China stunned: The U.S. grid is so weak, the race may already be over “Everywhere we went, people treated energy availability as a given,” Rui Ma wrote on X after returning from a recent tour of China’s AI hubs. For American AI researchers, that’s almost unimaginable. In the U.S., surging AI […]
A Strategic Shift in Battery Recycling Innovation
A Strategic Turnaround in Battery Recycling Innovation The electric vehicle (EV) landscape is rapidly changing, driven by a critical yet often overlooked aspect: battery recycling. Aqua Metals (NASDAQ: AQMS) stands out as a pioneer in sustainable lithium-ion battery recycling, undergoing significant transformation to capitalize on the projected $12.5 billion global battery recycling market by 2030. […]
Barrick and Shandong Gold Pursue $400 Million Investment in Argentine Mine
The joint operators of Argentina’s Veladero gold mine, Barrick Gold and Shandong Gold, are seeking to add a $400 million project to a new government regime designed to attract large investments. The project, submitted to Argentina’s Large Investment Incentive Scheme (RIGI), aims to boost the mine’s output by 1.6 million ounces over its useful life […]
AI Investment Contributes 0.5% to GDP Growth, While the Magnificent 7 Stocks Propel the Market
AI spending added 0.5% to GDP growth and the Magnificent 7 stocks are driving the market The S&P 500 is up 10% year-to-date and set another all-time high yesterday. Much of that growth has come from the Magnificent 7 tech companies, which are spending heavily on AI and its associated infrastructure. That wave of spending […]