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Mining

The Gold-Silver Ratio's Volatile Round Trip Signals a Shifting Precious-Metals Trade

The gold-silver ratio, which measures how many ounces of silver it takes to buy one ounce of gold, has been unusually volatile through 2026. After silver touched an all-time high of USD 121.62 an ounce on January 29, 2026, the ratio briefly compressed to …

Nitish Kishor | 22 September 2026

Saudi Arabia's East-West Pipeline Exposes the Backup Route's Own Vulnerability

On September 13, 2026, drone strikes hit two pumping stations along Saudi Arabia's East-WestCrude OilPipeline, commonly known as the Petroline, at locations near Riyadh and Medina. Saudi authorities traced the launch point to Maysan province in southeastern Iraq, an area with an established presence …

Nitish Kishor | 22 September 2026

Supertanker Rates Rocket Past USD 800,000 to USD 1 Million a Day as the Hormuz Tanker War Rages

Charter rates for very large crude carriers (VLCCs) sailing the industry's benchmark Persian Gulf-to-China route topped USD 1.035 million a day around September 10-11, 2026, according to shipbroker assessments, the first time the route had ever cleared USD 1 million. That compares with a …

Nitish Kishor | 22 September 2026

US Crude Inventories Post a Surprise Draw Even as IEA Flags a Global Surplus

US commercial crude oil inventories, excluding the Strategic Petroleum Reserve, fell to 423.4 million barrels in the week ended September 11, 2026, a decline of 0.6 million barrels, or about 0.2%, from 424.1 million barrels the prior week, according to data reported on September …

Nitish Kishor | 22 September 2026

US Shale Set for Its Biggest Cash Windfall Since 2022 on the War-Driven Price Rally

Rystad Energy analysis, cited by the Financial Times and reported by OilPrice.com, estimated that US shale producers could see USD 63.4 billion in additional cash flow in 2026 if WTI crude averages USD 100 a barrel for the year, a level the benchmark has …

Nitish Kishor | 22 September 2026

Bunker Hill and Silver47's USD 326 Million Merger Consolidates US Silver Mining

Bunker Hill Mining Corp. (TSX:BNKR) and Silver47 Exploration Corp. (TSXV:AGA) announced on August 21, 2026 that they had signed an arrangement agreement for an all-share merger intended to create what the companies described as a Made in America US silver and critical-minerals champion. Under …

Nitish Kishor | 22 September 2026

China's Gold Rush: Imports Top 1,000 Tonnes as Beijing's Appetite Hits a Multi-Year High

China's bullion imports crossed the 1,000-tonne threshold for the January through August 2026 window, a pace of buying that data providers say is the fastest since at least 2017, when comparable tracking began. Wholesalers have been drawn in by a combination of factors: a …

Nitish Kishor | 22 September 2026

Why Is USA Rare Earth (NASDAQ:USAR) Stock Up 9% Today?

USA Rare Earth (NASDAQ:USAR) shares are climbing today as part of a broad rally across rare earth and critical minerals names, triggered by news of a security agreement between the United States and Greenland. USA Rare Earth is a vertically integratedMiningandManufacturingcompany pursuing rare earth …

Nitish Kishor | 21 September 2026

Abits Group (NASDAQ:ABTS) Stock: Mining Efficiency Is the Whole Nasdaq Investment Case

Mining efficiency is the whole investment case for Abits Group (NASDAQ:ABTS) because, as a smaller mining operator, the company doesn't have the scale advantages of major diversified miners. Its profitability depends on how much it costs to extract and process each unit of output …

Nitish Kishor | 21 September 2026

Alcoa (NYSE:AA) Bets Big on Full Ownership as Aluminium Margins Hit Records

Alcoa's (NYSE:AA) next chapter will be written largely by the price of aluminium and the cost of producing it. The company is one of the world's largest integrated producers,Miningbauxite, refining it into alumina, and smelting that into aluminium. When metal prices rise faster than …

Nitish Kishor | 21 September 2026
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