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.
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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.
EU to cut steel import quotas, hike tariffs to 50%
The measures will be part of a new package for the steel sector due to be unveiled on October 7.
BHP sinks $555M into Olympic Dam before major decision
Funding for growth projects comes ahead of a decision to double South Australia's copper output to 650,000 tonnes by the mid-2030s.
Union rejects contract offer at Antofagasta’s Los Pelambres mine in Chile
Some 94% of the union's 550 members voted against the proposal.