Congo mining firms underreported $16.8 billion in revenue, audit says
The discrepancy resulted in $50.4 million in lost contributions to development funds, the report said.
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Gold price hits record for 40th time this year
Gold price has now officially doubled from $2,000 seen two years ago.
Copper price hits new high as Teck cuts production forecast
Copper surged to a 16-month high in London after the miner lowered its guidance for 2025.
Australia launches $395 million rescue of Glencore copper smelter
The bailout is the third for the industry this year.
Lynas partners with Noveon for rare earth magnets supply to US
The deal includes provision of both light and heavy rare earth materials.
Anglo CEO still sees future in Africa despite shrinking footprint
The miner has exited its coal and platinum operations in South Africa.
Teck slashes copper forecast as Anglo stands firm on $53B merger
Teck now expects 415,000–465,000 tonnes of copper in 2025, down from 470,000–525,000 amid ongoing issues at QB and HVC.
Kazakh Fincraft targets Canadian Tethys in strategic mining push
Kazakh billionaire Rakishev, who leads Fincraft, eyes Tethys’ oil and gas assets to boost his group’s Central Asian nickel and coal portfolio.
Investors place bets on Trump team’s next investment target
The moves by the federal government to bolster some American businesses have sparked a cottage industry.
