January 28, 2025

GRAPH: Mining vs AI vs Deepseek

Cheap and cheerful Chinese AI does little to unskew relative valuation of one chipmaker against the entire mining industry.

January 28, 2025

Cornish Metals secures $70 million to boost South Crofty tin project

The fundraising drew support from existing shareholders and the UK’s National Wealth Fund.

January 28, 2025

Uranium price falls as DeepSeek disrupts tech 

Uranium, regarded as key to the development of power-intensive AI as a fuel for nuclear power, fell on Monday night.

January 28, 2025

Copper price rises in US and slips in London after Trump tariff threat

The Financial Times reported that Treasury Secretary Scott Bessent is pushing for universal tariffs starting at 2.5% and rising gradually.

January 28, 2025

Hindustan Zinc sees strong 2025 growth on higher volumes, CEO says

A number of projects are being done to increase the efficiency and productivity of smelting operations in mines, the company says.

January 28, 2025

US buyers face higher costs if Trump pursues copper, aluminum tariffs

In a speech on Monday, Trump said he would impose tariffs on aluminum and copper.

January 27, 2025

Fortescue to buy Red Hawk Mining to tap Western Australia ore

The offer price of as much as A$1.20 cash per share implies a fully diluted equity value for Red Hawk of A$254 million ($160 million).

January 27, 2025

Nucor posts lower fourth-quarter results; sees steel market improving

Nucor's CEO said steel demand softened throughout 2024 but noted that market conditions were starting to improve.

January 27, 2025

GRAPH: What global copper mining’s top tier could look like

The Rio Tinto-Glencore merger appears stalled and a BHP-Anglo American tie-up is indefinitely postponed, but copper mining is already top heavy.

January 27, 2025

Tin miner Alphamin slumps after rebels take Congolese city

Rwanda-backed rebels overran the eastern Congolese city of Goma, the capital of North Kivu province where the company’s tin mines are located.