Venezuela aluminum restart could cost up to $2.3B: WoodMac
Years of outages and neglect have shut Venezuela’s smelters, but analysts say the country still holds strategic value.
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USA Rare Earth to build plant in France with gov’t backing
USAR's proposed facility has a capacity of 3,750 metric tons per annum and will be co-located at the Caremag oxide facility.
Portugal’s Lifthium wins $210 million grant for lithium refinery
Bondalti, Portugal's largest chemicals producer, already operates sites there and Lifthium aims to start operations by 2030.
Gold price soars past $4,700 for new record
Spot gold rose as much as 1.4% to an all-time best $4,749.84 an ounce.
Centerra surges on PEA valuing Kemess gold-copper project at $1.1B
When factoring in spot commodity prices, the Kemess NPV would almost triple to $2.7 billion, according to its latest PEA report.
Jiangxi Copper plans $3.6 billion bond sales to fund expansion
Proceeds will be used to repay debt, supplement working capital, or fund merger-and-acquisition activity, it said.
Russia gains $216 billion in gold rally, replacing lost assets
Russia, the world's second-largest gold producer, mines over 300 tonnes/y of the metal.
CMOC raises $1.2 billion in convertibles deal
The notes mark the largest convertible-bond deal by a Chinese miner since Zijin’s $2 billion issuance in 2024.
Vale’s copper ambition is to produce 1 million tons a year
The only miners to exceed that in 2024 were Freeport-McMoRan, BHP, Codelco and Zijin.