Indonesia looking at coal export levy to boost state coffers
The tariff would be collected from miners only when coal prices are high, with authorities potentially including it in the 2026 budget plan.
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Barrick weighs sale of gold mine to Discovery Silver
Discovery Silver is in the final stages of a process Barrick launched in April to sell the Hemlo gold mine in Ontario.
Critical Metals soars as it begins drilling to boost Greenland rare earth resource
The team is looking to further extend the Fjord deposit to the east approximately 700 metres with the 2,000-metre drill program.
Gold price outlook remains strong amid uncertainty – World Gold Council
While macro uncertainty clouds the road ahead, gold is expected to maintain a strong footing.
Iron ore price falls as China data shows steel, property sector woes
Futures of the steel-making ingredient fell as much as 1.6%.
Namib to spend up to $400M to restart Zimbabwe gold mines
The group plans to restart the Mazowe and Redwing mines, which were previously halted in 2018 and 2019, respectively.
India in talks with Chile, Peru to source critical minerals
India is also working with trading partners to reduce dependence on China for critical minerals.
Apple invests $500M in Pentagon-backed MP Materials
Apple and MP Materials are joining forces to develop a local supply chain of rare earth magnets.
Rio Tinto picks iron ore boss Simon Trott as new CEO
The board believes the company has become too complex, and the new CEO will be tasked with simplifying it.
