Rosatom sues Finnish firms $2.8B over nuclear plant contract The contract to build a 1.2 gigawatt plant with investments estimated at 6.5-7 billion euros was signed in 2013, but the Finnish side terminated it in May 2022. Reuters | May 5, 2025 | 8:56 am
TriStar Gold’s Brazil project nearly doubles in value after prefeasibility update The project's after-tax NPV (discounted at 5%) is estimated at $603 million, with an IRR of 40% and payback of two years. Staff Writer | May 5, 2025 | 8:39 am
Gold to keep outshining silver, Goldman Sachs says Gold has surged over 26% in 2025, more than doubling silver’s 12% gain. Staff Writer | May 5, 2025 | 8:27 am
Gold price rises over 2% ahead of Fed rate decision The US central bank is widely expected to hold rates steady in this meeting. Staff Writer | May 5, 2025 | 7:42 am
Indonesia’s Danantara in talks with Eramet on nickel deal Danantara and Eramet are looking to acquire a stake in a high pressure acid leach plant in the Weda Bay Industrial Park. Bloomberg News | May 5, 2025 | 6:58 am
Fortuna eyes Guinea investments after Burkina Faso exit, CEO says The Canadian mining firm is looking for gold opportunities in Guinea. Reuters | May 5, 2025 | 6:45 am
Peabody may exit Anglo American’s assets deal over damaged coal mine Production at Anglo American's Moranbah North coal mine was suspended after an underground fire broke out in March. Reuters | May 5, 2025 | 6:41 am
Romania’s political shift may jolt mining, US ties Romania has major reserves of rare earths, gold and copper, which have attracted interest from Canadian and American firms. MINING.COM Editor | May 5, 2025 | 6:13 am
Gold Road agrees to $2.4B takeover by JV partner Gold Fields Gruyere gold mine joint venture partners Gold Fields and Gold Road Resources reach agreement on a friendly deal to consolidate ownership. Kristie Batten | May 5, 2025 | 5:16 am