Sanctioned Russian copper firm in talks to acquire state-seized gold miner
UMMC is in talks with the government to acquire a majority stake in the gold mining company UGC which was seized by the state in July.
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Gold price soars to new high on US government shutdown
Year to date, bullion has risen by more than 48%, putting it on track for the biggest annual jump since 1979.
DPM halts Loma Larga gold-copper project drilling amid protests
“Permitting appears to be resurfacing as a potential challenge,” CIBC Capital Markets said.
Gold’s wild week: CEOs leave, prices soar, China rises
The global gold sector faced major changes this week, with leadership shifts and record prices not seen in decades.
Japan’s Pan Pacific plans 2.5% cut in H2 copper output
The company outsources smelting and refining operations to its parent companies' plants.
Nova wins $43.4M Pentagon award to build antimony hub, shares skyrocket
The award will accelerate development of a fully integrated US supply chain to produce military-grade antimony trisulfide, company says.
Congo court ruling risks snarling Trump’s critical mineral goals
A Congolese firm under US sanctions has won a court ruling that could strengthen its claim to a prized tantalum deposit, potentially complicating Washington’s efforts.
Indonesia expects deal soon with Freeport-McMoRan on divestment plan
Last week, Freeport declared force majeure at Grasberg after torrential mudslides that killed two workers.
Indonesia’s Merdeka starts mining at Pani gold project
The company aims to produce 140,000 ounces of gold annually.