Metals
  • Gold$3,993.62/oz0.00%
  • Silver$53.90/oz+0.02%
  • Platinum$1,552.00/oz0.00%
  • Palladium$1,046.50/oz0.00%
  • Copper$6.48/lb0.00%
  • Aluminium$3,047/t+0.01%
  • Nickel$15,870/t+0.13%
  • Zinc$3,744/t−0.09%
  • Lead$1,895/t−0.49%
  • Lithium$14,542/t−0.04%
  • Cobalt$23.11/lb0.00%
  • Uranium$90.10/lb+0.02%
Indicative · 08:22 UTC · Prices by MetalCharts

Charles Pitts

Home / Charles Pitts

Charles Pitts is the publisher of Skillings Mining Review, the trade journal that has covered mining since 1912. He writes on the macro forces behind metal prices: commodity cycles, sovereign capital and the shifting sources of demand. His current work argues that hyperscale AI, and the gigawatt-scale power its data centres need, is becoming a buyer of lithium and copper in its own right, competing with the automotive supply chain for tier-one reserves.

Energy Transition • Jul 3, 2024

Tesla Stock Surge Drives Demand for Critical EV Minerals

Recent Tesla Stock surge is sending ripples through the mining industry, highlighting a significant uptick in demand for crucial minerals essential to electric vehicle (EV) production.…

M&A & Consolidation • Jul 2, 2024

Komatsu Completes Strategic Acquisition of GHH

Komatsu Ltd. has finalized its acquisition of GHH Group GmbH, a prominent manufacturer of underground mining, tunneling, and special civil engineering equipment based in Gelsenkirchen, Germany.

Blog • Jul 1, 2024

Underground Mine Subsidence Leads to Huge

The center of a soccer field at Gordon Moore Park in Alton, Illinois, an area renowned for its extensive subsurface limestone mining operations, has been engulfed…

Battery Metals • Jun 28, 2024

Mexico Seeks Agreement with Chinese Lithium

The Mexican government is in active negotiations with China’s Ganfeng Lithium to resolve a dispute over canceled mining concessions in the northern state of Sonora.

Blog • Jun 27, 2024

Caterpillar Loses Norwegian Pension Fund

The Norwegian Government Pension Fund Global (GPFG), known as the world's largest sovereign wealth fund, has announced its decision to divest from Caterpillar Inc.

Battery Metals • Jun 26, 2024

Cobalt Conflict Intensifies in Indian Ocean

The core of this disagreement revolves around the valuable cobalt reserves in the Indian Ocean Region (IOR), which are crucial for advanced industries and the production…

Blog • Jun 21, 2024

Mysteries of Stonehenge: The Significance of

England's Wiltshire — One of the most famous prehistoric structures in the world, Stonehenge never fails to pique the interest of archaeologists, historians, and the general…

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