BMO changes some mortgage rules for steel, aluminum business owners due to trade war
BMO also added the steel and aluminum sector to its list of industries that are more prone to risk.
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Gold mid-tiers’ Q4 2024 fundamentals
The mid-tier and junior gold miners in this sector’s sweet spot for upside potential are finishing reporting an epic record quarter.
Top cobalt miner CMOC posts record earnings on rising output
The miner reported net income jumped 64% to 13.5 billion yuan last year, beating analysts’ estimates.
Zijin Mining’s profit surges 52% on copper, gold prices
China's biggest metals producer has grown aggressively in the past decade, becoming a major global copper supplier by building out big new projects in the DRC.
Trafigura-backed Congo cobalt miner scraps sale to Chinese firm
Chemaf has informed creditors that a proposed takeover by a unit of Chinese state-owned arms manufacturer Norinco won’t go ahead.
US-Congo minerals, security talks in early stages, minister says
President Felix Tshisekedi has dangled his country’s resources as a way to attract support from US President Donald Trump’s administration.
US wants revised terms on Ukraine minerals deal, FT reports
The FT reports that Washington wants to broaden the terms of the deal to include other assets, most notably a nuclear power plant that is currently under Russian control.
Gates-backed explorer makes play for Congo lithium deposit
KoBold Metals has told the government of the DRC it wants to develop one of the world’s biggest hard rock lithium deposits.
Former Newmont executive tapped to oversee mining on US energy council
Created last month, the council's mandate is to boost not only US oil and gas production, but also the extraction and processing of lithium, copper and other critical minerals.