Indonesia reviews nickel ore mining quota to steady prices
Indonesia last year approved annual nickel ore mining quotas of 240 million metric tons each year until 2026.
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Freeport Indonesia in talks with government on copper concentrate exports
Freeport's Manyar smelter is currently shut down after a fire in October.
JV Video: Osisko Metals adds Burzynski, $69m copper project funding
Osisko is progressing its Gaspé copper project in Quebec with new financing and a board now featuring industry heavyweight John Burzynski.
JV Video: Mandalay Resources seeks to become a mid-tier gold producer
Toronto-based Mandalay has used revenue from its Bjorkdal gold mine in Sweden and Costerfield gold and antimony mine in Australia to accumulate $55 million in cash.
Nioko’s buyout offer for Hummingbird to be declared unconditional
Nioko, which holds approximately 41.81% of Hummingbird’s share capital, will submit the revised offer before Jan. 13.
Biden to ban more offshore oil drilling before Trump arrives
The move is certain to complicate President-elect Donald Trump’s ambitions to drive more domestic energy production.
Mako to acquire Moss gold mine in Arizona
The price is in the range of $4.9 million up to $6.4 million cash.
Investors sell gold ETFs for fourth year even with Fed easing
A stronger dollar following Donald Trump’s election win saw a renewed selloff of those exchange-traded funds.
Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment
The proposal "is nothing but a "Hail Mary" pass destined to fall to the ground," it said.