Rio Tinto, Founders Factory’s Mining Tech Accelerator invests in startups from US and OZ The partnership is looking for breakthrough technologies, and plans to invest in 12 startups annually from around the world. Staff Writer | April 23, 2025 | 4:02 pm
Rare earths recycler Cyclic Materials to invest over $20M in first commercial facility in the US The facility is expected to process 25,000 tonnes of end-of-life components containing rare earth permanent magnets a year. Staff Writer | April 23, 2025 | 1:43 pm
Atlanta Fed introduces new GDP estimation model adjusted for gold trade According to the Atlanta Fed, rising stockpiles of gold have artificially depressed its nowcast model by widening the US trade deficit. Staff Writer | April 23, 2025 | 1:35 pm
Newmont beats first-quarter profit estimates on rally in gold prices The company earned $1.25 per share for the quarter ended March 31, compared with analysts' average estimate of 90 cents. Reuters | April 23, 2025 | 1:31 pm
Sandvik to supply its largest-ever BEV fleet to South32 Deliveries are expected to begin in Q4 2026 and continue through 2030. Sandvik | April 23, 2025 | 1:01 pm
Benchmark Minerals and ICE team up for battery material futures BMI said the contracts will be cash-settled and listed in London on ICE Futures Europe. Reuters | April 23, 2025 | 10:21 am
China’s surprise resilience aids copper as global risks mount Copper demand in leading market China has proved remarkably resilient this year despite headwinds from the US-led trade war. Bloomberg News | April 23, 2025 | 10:06 am
Barrick is cashing in on gold’s record rally with asset sales Shedding those assets allows miners like Barrick to focus on major, so-called “Tier 1” mines. Bloomberg News | April 23, 2025 | 9:51 am
Ghana and Gold Fields reach transitional deal on Damang mine During the transition period, Gold Fields will resume open-pit mining and conduct feasibility studies to establish Damang's reserves and mine life. Reuters | April 23, 2025 | 9:41 am