Congo gold miner halts operations in tax dispute with M23 rebel administration Twangiza Mining informed employees of an immediate work stoppage in the letter dated May 8. Reuters | May 9, 2025 | 8:21 am
Gold overtakes stocks as second-favorite long-term investment: US poll Gold has surpassed equities as the second most popular long-term investment choice amongst Americans, according to the latest poll by Gallup. Staff Writer | May 9, 2025 | 8:15 am
Tsingshan ‘has not given up’ on Chile lithium plans despite plant retreat Tsingshan and Chinese automaker BYD backed out of plans this week to build major lithium cathode plants in Chile. Reuters | May 9, 2025 | 8:11 am
China’s rare earth exports drop as trade war crimps supply Overseas sales fell 16% in April from March to 4,785 tonnes. Bloomberg News | May 9, 2025 | 6:59 am
Guinea moves to cancel mining rights of non-compliant companies President Doumbouya instructed his government to withdraw permits from mining companies that don’t respect their legal commitments to the country. Bloomberg News | May 9, 2025 | 6:52 am
Nippon Steel expects profit to drop 43% this year, US Steel decision by early June Nippon Steel's $15 billion bid for U.S. Steel, rejected by President Joe Biden, is under review. Reuters | May 9, 2025 | 6:46 am
China launches campaign to crack down on strategic minerals smuggling The campaign urges government departments to target typical evasion methods such as false reporting, concealment, and smuggling. Reuters | May 9, 2025 | 6:42 am
Cost of Sibanye lithium project in Finland rises 17% to $880M The revised figure covers the development of the Keliber project through to hot commissioning of the refinery. Cecilia Jamasmie | May 9, 2025 | 3:55 am
China’s copper concentrate imports at record high as more smelters prepare to open Copper inventories on the Shanghai Futures Exchange are expected to fall again this week, according to traders, with the swift drawdown likely to lift prices and increase the incentive for traders to send copper back to China. Reuters | May 8, 2025 | 5:13 pm