Sandvik’s orders surge as signs of industrial recovery appear
Sandvik’s orders grew 23% on an organic basis — the most in four years — and came in ahead of the average analyst expectation of 14% growth.
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Norway’s government takes over planning for Europe’s largest rare earth deposit
The Fen deposit was estimated last month to hold 15.9 million metric tons of rare earth oxide in indicated and inferred resources.
Russia weighs windfall levy on mining companies amid Ukraine war spending
Potential targets include mining firms like top gold producer Polyus and nickel and copper giant Norilsk, as well as closely held banks.
Hochschild rallies as gold price surge lifts outlook
Stronger gold prices and output beat expectations as analysts back Hochschild’s growth pipeline and improving balance sheet.
US trade chief says allies need to pay “national security premium” for critical minerals
US Trade Representative Jamieson Greer has been drawing up a draft of specific details to share with partners.
Iron ore price up despite China-BHP dispute resolution
A flurry of pre-holiday restocking by Chinese steelmakers countered concerns of rising supply.
BHP now expects nearly 2M tonnes copper production after record Escondida throughput
Record mill performance and improved recoveries offset lower grades at BHP's largest copper mine; new concentrator planned.
US firm in key Congo minerals deal overstated its mining experience, documents show
Virtus, which bought Chemaf's mines in March for $30M, stated it had a track record in Congo due to its operating of a copper and cobalt processing plant.
BHP third-quarter iron ore output rises, keeps full-year outlook
The world's largest listed miner said iron ore output from its Western Australia mine operations was 69.8 million metric tons.