November 25, 2024

Newmont sells Éléonore mine in Quebec for $795 million

The miner said the deal and other 2024 sales will raise $3.6 billion.

November 25, 2024

Anglo American sells coal assets to Peabody for $3.8bn

The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.

November 24, 2024

Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI

Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.

November 23, 2024

Column: Trump 2.0 won’t reverse Biden’s critical minerals push

Donald Trump has described the Inflation Reduction Act (IRA) as a "green scam" and vowed to repeal it after he returns to the White House in January.

November 22, 2024

Mining’s old guard needs strong medicine

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

November 22, 2024

Hedge funds slash bullish wagers on gold before war jitters

Speculators have reduced net-long positions by 3.6%.

November 22, 2024

Gold mid-tiers’ Q3 2024 fundamentals

All-time-high gold prices combined with relatively-contained costs catapulted unit earnings to another epic record.

November 22, 2024

Gold price set for biggest weekly jump in 20 months on haven demand

The precious metal has surged around 30% so far this year, supported by healthy central bank buying.

November 22, 2024

Hunan Gold shares surge after large deposit found in China

The Geological Bureau of Hunan Province said on Thursday that it had detected more than 40 gold veins containing an estimated 300 tons of the precious metal.

November 22, 2024

Northvolt CEO steps down after bankruptcy filing

Peter Carlsson, co-founder and leader of Northvolt since 2016, will remain as advisor as he quit a day after the firm filed for bankruptcy.