China’s top copper smelters call for action against new capacity
A rapid expansion in global copper-smelting capacity has torpedoed the fees processors can charge, forcing them below zero.
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New Age Metals stock rises on Sprott backing
Sprott is currently its largest shareholder with a 23.2% holding.
Goldman lowers copper supply forecast on Grasberg disruption, sees deficit in 2025
Goldman estimates the disruption could lead to as much as 525,000 metric tons of lost copper mine supply.
Barclays warns mining earnings could fall 25% from nature-related risks
The bank analyzed 250 operational mines linked to 30 mining clients.
Nippon Steel sees small gap with Washington over US Steel’s golden share authority
Japan's top steelmaker closed its $14.9 billion acquisition of US Steel in June.
Freeport mine setback risks fraying relations with Indonesia
Grasberg has long been a flashpoint as Jakarta tries to gain a greater say over its resources.
Gold Fields kicks off $1.1B sale of stake in Northern Star
Gold Fields gained the holding via its $2.4B takeover of Gold Road Resources, which received shareholder approval this week.
Zijin becomes world’s No. 3 miner after reaching $100B valuation
Zijin joins mining heavyweights BHP and Rio Tinto, which have market caps of $140 billion and $111 billion, respectively.
US plans to use emergency powers to save more coal plants
The Trump administration has prioritized expanding the use of a coal and argued that the closure of fossil fuel-powered plants threatens the grid.
