G-7 set to discuss joint response to China curbs on rare earths
Treasury Secretary Scott Bessent indicated the US would seek wider support beyond the G-7.
Latest Stories
US firm inks pact to build $1.5 billion power line to Congo mines
The 720-mile (1,160-kilometer) project will deliver 1,200 megawatts of electricity to Congo’s main mining region.
Namibia central bank chief calls for diamond royalty relief extension
In 2021, Namibia cut its royalty rate from 10% to 5% until 2025 to help Namdeb extend its land-based operations to 2042.
US judge set to approve Rio Tinto’s $139M Mongolia mine settlement
The lawsuit relates to Rio's $7 billion underground expansion of the Oyu Tolgoi mine.
Copper Mark to unify ESG standards for metal producers
The organization is moving to develop a single mining standard across various metal supply chains and form a new board with wider representation.
Allied Gold surges on lower costs, production outlook
Allied Gold jumped as much as 7% to a new all-time high in Toronto.
Fortuna soars on fast repay plan for Senegal gold project
The study shows an after‑tax net present value of $563 million, an internal rate of return of 72% and a payback of about 0.8 years.
Botswana’s ODC sets first contract diamond sales for November
A clause in the previous deal, which prevented ODC from directly competing with De Beers on contract sales, has fallen away.
Gold price surges above $4,200 for new record
With Wednesday's gains, bullion has now risen 58% this year.
