Hot News in this Week
Oct 3, 2025
The world's largest holder of physical uranium, the Sprott Physical Uranium Trust, is expanding its war chest by buying more than 400,000 pounds of uranium oxide, bringing its total holdings to around 72.4 million pounds. This increase in demand is driven by financial players and utilities focusing on uranium supply security, leading to a 14% gain in uranium prices since the start of the year. Despite tailwinds from domestic production, US nuclear reactors may face supply issues due to maximum uranium deliveries under existing contracts totaling 234 million pounds between 2025 and 2034, leaving unfilled market requirements of 184 million pounds for the same period.
Source: www.mining.com
Copper prices are on track for their strongest monthly gain in a year, up 4.5% in September and nearing a 16-month high despite economic data from China indicating ongoing weakness in manufacturing. Supply disruptions, including Freeport-McMoRan's declaration of force majeure at its Grasberg mine in Indonesia, have supported the sharp rise in prices. The market remains caught between short-term volatility and long-term structural pressures, with the pace of recovery in China's manufacturing sector playing a critical role in determining whether demand can offset the widening gap in global supply.
Source: www.miningfeeds.com
Zimbabwe's Victoria Falls Stock Exchange has seen a remarkable increase in valuation, with the benchmark index climbing 45% and reaching $1.8 billion by late September, driven primarily by gold producers benefiting from the precious metal's strong performance this year.
Source: www.miningmx.com
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