Billionaire family turns India’s gold obsession into a fortune
Gold is having a moment in the sun and the billionaire Muthoot clan of India is reaping the benefits.
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Fortuna doubles indicated ounces at Séguéla
The latest estimate represents an 11% increase in contained reserve ounces.
Friedland opens $2B Platreef mine in South Africa
The opening caps a 37-year effort at what Friedland calls “the world’s largest undeveloped precious-metals mine.”
American Rare Earths boosts resource estimate for Cowboy State mine
The updated mineral resource estimate is approximately 547.5 million tonnes in TREOs.
Rio Tinto cuts alumina output in Australia
The reduction amounts to about 1.2 million tonnes of alumina a year, though the company said customer supply commitments will not be affected.
Vale raises $750 million with bond issuance due 2056
Company intends to use the net proceeds for general corporate purposes.
Short seller takes long position on Snowline Gold
Muddy Waters' Carson Block said he believes the company's projects are undervalued compared to the price of gold.
West scrambles to fill heavy rare earth gap as China rivalry deepens
Shortages of heavy elements dysprosium and terbium could be an Achilles heel for MP Materials and the West's campaign to forge a magnets industry.
Minerals executives urge Congress to deploy more financial tools to offset China
Lithium Americas CEO Jonathan Evans said Washington should support a "temporary, minimum price" for lithium.
