January 9, 2025

Column: Global seaborne iron ore had a good 2024, but it’s all China

The world's imports increased a modest 3.6% to a record high in 2024, however the boost was nearly totally driven by China.

January 9, 2025

Canada disputes Trump’s claims of resource independence

Energy Minister Jonathan Wilkinson said Trump’s assertion that America doesn't need anything from Canada was “simply false.”

January 8, 2025

Glencore loses senior aluminum traders to rivals Vitol, Mercuria

The moves are the latest signs that Glencore and Trafigura Group, which have long dominated metals trading, are being challenged by an influx of new competition.

January 8, 2025

Codelco taps debt market to fund record copper mine investments

The Chilean state miner plans to raise about $1.5 billion to help fund investments needed to retain its status as the world’s biggest copper producer.

January 8, 2025

K92 Mining shares soar on record-breaking gold production

For the year, K92 produced 149,515 ounces of gold, surpassing guidance.

January 8, 2025

Gold ETFs drew first net inflow in four years in 2024, WGC says

Total assets under management at gold ETFs rose by 26% to $270.5 billion in 2024.

January 8, 2025

Gemfields faces 21% tax as Zambia reinstates export duty

Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields.

January 7, 2025

Stubbornly resilient lithium supply remains hurdle to recovery

Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.

January 7, 2025

Nippon Steel’s thwarted bid sets up tougher rivalry with Chinese mills

Creating an entity to compete more effectively with China was touted as a key rationale behind the Japanese firm’s proposal to purchase US Steel.

January 7, 2025

Northern Graphite to restart mill, hike prices

The resumption is a week later than stated in October.