France’s $1.6 billion uranium deal with Mongolia faces delays
A debate about protecting strategic resources in Mongolia risks delaying the finalization of the agreement until after elections in June.
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Vale’s fourth-quarter profit falls 35% on higher provisions over dam accident
The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share.
Nippon Steel’s China assets raise concerns over US deal
The complication for Nippon Steel is that regulators may look unfavorably on whether its acquisition of US Steel could allow more access to US markets for Chinese-sourced steel.
Hochschild pours first gold at Mara Rosa mine in Brazil
Commercial production expected towards the end of Q2 2024.
MP Materials swings to quarterly loss on falling rare earths prices
The company posted a quarterly net loss of $16.3 million.
Bitcoin ETFs test investor commitment to gold-backed paper
A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs.
Artemis says expanded Blackwater gold mine would generate $370m annual cash flow
Development of the first phase is nearing completion, with the project expected to pour its first gold bar in the second half of 2024.
Australia’s lithium producers see signs market is stabilizing
In the short term, prices of lithium ore spodumene appear to have levelled out, says Pilbara Minerals CEO.
Harmony Gold flags profit leap on higher output and prices
The miner estimates a gold production increase by as much as 14% year on year.