Ghana cancels $1.2 billion bauxite deal, eyes global partnership
Potential partners include Dubai-based Emirates Global Aluminium or a Chinese firm.
Latest Stories
Platinum price rally pulls producers from the brink, Valterra CEO says
Prices of the metal surged 36% in the second quarter.
Adriatic boosts output but trims forecast ahead of Dundee deal
Adriatic's Vareš project in Bosnia saw silver equivalent output rise 23% to 1.7M ounces in Q2, up from 1.4M in Q1.
Torex Gold buys Prime Mining in $327M Mexico expansion
The deal increases Torex's gold resources by 32% to 6.2M ounces and diversifies its portfolio with more silver exposure.
Rising US coal consumption set to help seal record global demand
In the US, coal usage surged by 12% in the first half of the year, driven by rising electricity needs, the IEA found.
Demand for magnetic REEs to triple by 2035: McKinsey
Global demand for magnetic REEs is expected to triple from 59,000 tons in 2022 to 176,000 tons in 2035, the firm estimates.
Video: Streamex, Giustra raise $1.1B to trade gold like crypto
Streamex expects its first asset issuance by year‑end and wants to eclipse existing gold tokens within three years.
Pilot Mountain tungsten project in Nevada gets $6M from Department of Defense
Pilot Mountain has the largest tungsten deposit in the US, Guardian Metals CEO says.
Hedge funds’ bullish gold wagers rise to highest since April
The trade war unleashed by the Trump administration has helped power gold’s 27% rally this year.
