India slashes import tax on gold, silver to tackle smuggling
Local gold prices hit their lowest level in more than three months after the announcement.
Latest Stories
Nippon Steel to dissolve JV with China’s Baoshan after 20 years
The joint venture was producing and selling cold-rolled steel sheets and hot-dip galvanized steel sheets for automotive use in China.
Freeport-McMoran beats second-quarter profit estimates
The company benefited from higher copper prices.
Codelco obtains $532 million in climate financing
The funds will be used to finance its decarbonization plan, under which it aims to decarbonize 100% of its energy matrix by 2030.
Cornish Metals sells Canadian royalties to Elemental Altus
The move follows the sale of the Nickel King property, highlighting the company's focus on advancing the South Crofty tin project in the UK.
Vale Base Metals appoints mining veteran Shaun Usmar as CEO
Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals.
US Senators release energy permitting reform bill
Energy Permitting Reform Act of 2024 could speed up approvals of clean-energy, pipeline and electricity transmission projects.
Earth’s largest iron ore deposits are a billion years younger than believed, research reveals
Researchers found the Hamersley deposits in Western Australia formed between 1.4 and 1.1 billion years ago, rather than 2.2 billion years ago as previously estimated.
Lynas Q4 revenue falls on output slump, lower prices
The world's largest producer of rare earths outside of China posted sales revenue of A$136.6 million for the quarter.
