Gold price surge boosts Swiss National Bank’s profit
The provisional figure was down from the record 80.7-billion-franc profit in 2024, but still ranked among the top five in the SNB's 119-year history.
Latest Stories
IPO of India’s top coking coal miner oversubscribed on first day
Bharat Coking Coal's $118.7 million IPO drew bids for 1.72 billion shares, nearly five times the shares on offer.
Pan Pacific hikes 2026 Japan copper premium to record $330/t
Like their global peers, Japanese copper smelters are contending with tumbling TC/RCs.
Gold Reserve settles bank fees linked to PDV Holdings loan
Separately, the company said it is reviewing and updating its security plans to support potential negotiations for a safe return to operations in Venezuela.
Rio Tinto open to owning coal to secure Glencore deal: reports
Rio Tinto’s coal flexibility as it weighs a Glencore takeover underscores copper’s pull and mining’s shifting pressures.
Lundin seeks Chile permit for $150M Caserones upgrade
Market-driven upgrades aim to secure long-term operations at Caserones without raising output or water use.
Fortitude Gold starts County Line mine operations, gets permits for Scarlet South
The Scarlet South open-pit project is located approximately 500 meters northwest of the company's operating Isabella Pearl mine in Nevada.
Navarro sees US ending Chinese dominance of critical minerals
American innovation would “quickly wipe away” China’s “weaponization,” Trump’s White House trade adviser predicted.
Mercuria redoubles metals push with $1.2 billion Kazakh deal
The group is lending $1.2 billion to help fund the buyout of major Kazakh copper producer Kazakhmys.
