Cleveland-Cliffs clashes with US Steel as sale process gets underway
US Steel has not opened its books to Cliffs even as it accepts initial bids this week, because Cliffs will not agree to its conditions, sources say.
Latest Stories
Barrick says big miners show interest in Pakistan copper project
The $7 billion Reko Diq project in Balochistan boasts one of the world’s largest copper deposits.
Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast
Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals.
Police in Brazil crack down on $1.2 billion illegal gold operations
According to investigations, the ore extracted from the territory and Venezuela was sold abroad.
Sierra Metals puts Cusi silver mine up for sale as it pivots to copper
Last year, the Cusi mine produced roughly 1.5 million silver-equivalent ounces.
Cameco shares surge on uranium prices as governments warm to nuclear power
With its one-time pariah commodity back in vogue, one of Canada’s biggest mining companies is reaching valuations not seen in more than 15 years.
Congo sees expanded UAE mining investment, seeks Inga partners
The plans signal an openness to new investors beyond the Chinese and European companies.
Russia becomes UAE’s top gold source after being shut out of west
The UAE has long been a key hub for precious metals, particularly from Africa and India.
Gold price at highest in over two weeks ahead of Powell remarks
The US central bank is widely expected to keep rates on hold for now.
