Winning consortium vows responsible mining at Guinea’s Simandou
Commitment follows NGO which revealed that construction of the Simandou project was linked with water and soil pollution.
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Copper price posts second weekly drop after Trump’s tariff surprise
Traders are now rushing to book storage space for copper in a bet that Trump’s decision will prompt a wave of supplies stockpiled in the US to be shifted to LME warehouses.
Ivanhoe’s Friedland raises Kamoa-Kakula cost outlook
“Management’s goal is to return Kamoa-Kakula to similar throughputs as previously planned by 2027," analyst says.
Bullish GDX technicals
The usually-overlooked gold stocks are having a good summer, consolidating near major secular highs.
Vale says ERG Brazil mine investment still not adding up
The Bahia Mineração project, known as Bamin, needs an estimated 30 billion reais ($5.4 billion) investment.
Chile’s economy declines on biggest mining plunge since 2017
Mining tumbled 9.3% in June, according to the central bank, marking the biggest monthly drop since 2017.
Idaho Strategic rises on gold property acquisition from Hecla
Company said its acquisition of Toboggan represents the first time the two major components of the Murray gold belt has been united.
Gold price rebounds nearly 2% on US payrolls data
Spot gold climbed 1.8% to $3,348.31 per ounce to erase all of this week's losses.
Newmont nets $100M payment related Akyem mine sale
In October 2024, Newmont agreed to sell its Akyem operation to China's Zijin Mining Group for $1 billion in cash.