Fortescue to spend $6.2bn to rid iron ore ops of fossil fuels by 2030
The investment includes installing an additional 2-3 gigawatts of renewable energy generation and battery storage.
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Gold miners look beyond Fed hikes to predict $1,800 comeback
Not even the most hawkish Federal Reserve in decades can beat down the exuberance of gold enthusiasts at the industry’s biggest annual gathering.
Fitch: Copper price to regain March peaks in 2027
Research company slashes its 2023 copper price forecast and predicts a return to $10,000-plus levels only in 2027 as long term structural deficits emerge.
Skeena announces bought deal to fund Eskay Creek NSR buyback
The latest financing package would allow Skeena to buy back a 0.5% NSR royalty for a total of $17.5 million.
Philippine town revokes permit for Tampakan copper-gold project
Tampakan, considered the Philippines' biggest untapped copper-gold reserve, was stalled for over a decade but saw a glimpse of hope in May.
Kinross Gold to buy back $300 million of shares following talks with Elliott
The company said it will repurchase the shares over the remainder of this year and will allocate 75% of its excess cash for more buybacks in 2023 and 2024.
Peru communities lift blockade disrupting key copper transport road
A meeting with Prime Minister Aníbal Torres has been set for Tuesday.
Gold price slips as Fed fears swirl before Powell’s decision day
The metal slid as much as 0.9% Monday, reversing earlier gains, to extend September’s slump.
Lithium price resumes insane gains to add pressure on automakers
SQM forecasts a “very tight market” for lithium in the years ahead.
