Sibanye-Stillwater to cut 2,600 jobs in South Africa
The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs.
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Zijin to expand Tibet copper mine expected to be world’s largest
Approved project will increase Julong mine's capacity to 350,000 tonnes per day by 2025, making it China's largest single copper mine.
Iron ore boom of the 2000s repeating – this time with critical metals
In a case of history rhyming, critical metal developers sit at the edge of enormous opportunity.
France’s $1.6 billion uranium deal with Mongolia faces delays
A debate about protecting strategic resources in Mongolia risks delaying the finalization of the agreement until after elections in June.
Vale’s fourth-quarter profit falls 35% on higher provisions over dam accident
The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share.
Nippon Steel’s China assets raise concerns over US deal
The complication for Nippon Steel is that regulators may look unfavorably on whether its acquisition of US Steel could allow more access to US markets for Chinese-sourced steel.
Hochschild pours first gold at Mara Rosa mine in Brazil
Commercial production expected towards the end of Q2 2024.
MP Materials swings to quarterly loss on falling rare earths prices
The company posted a quarterly net loss of $16.3 million.
Bitcoin ETFs test investor commitment to gold-backed paper
A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs.
