How metals are priced
Metals are priced in three distinct ways — exchange trading, benchmark negotiation, and price assessment — each suited to…
Reserves are not resources
Reserve and resource mean precisely defined things in mining codes. Confusing them distorts every supply calculation built…
Reading a technical report
What JORC and NI 43-101 actually mean, and how to read the resource and reserve categories quoted in technical reports.
Cost curves and who survives a downturn
Why the same metal price that bankrupts one mine leaves another comfortably profitable, explained through cost curves and…
What makes a mineral 'critical'
How governments classify minerals as 'critical', why their lists diverge, and what the label actually changes in practice.
Export controls and resource nationalism
How export bans, quotas, licences and processing requirements reshape mineral supply chains — and what each tool actually…