⛏ Agnico tops $100 billion for the first time

Agnico tops $100 billion for the first time
Since inception, the MINING TOP 50 was headed by two firms – BHP and Rio Tinto – the only miners with consistent market capitalizations above $100 billion (with a wobble here and there). Now there are six firms with the distinction. The latest is Agnico Eagle, which on Tuesday entered the ranks of the triple digit billion dollar miner. Read on »

China’s gold reserves increased every month in 2025
The PBoC reported a gold purchase for the 14th consecutive month, adding a further 0.9t in December. By the end of 2025 the country’s official holdings had reached 2,306t, accounting for 8.5% of total foreign exchange reserves. Notably, gold purchase announcements were made every month, totalling 27t during the year. Read on »

Big copper shortage to pose ‘systemic risk’ to global economies, warns S&P
The world is on track for a copper shortage that would pose a “systemic risk” to global economic growth, driven by the energy transition and the booming artificial intelligence sector’s demand for the red metal, according to S&P Global. Read on »