South32’s Hermosa project advances in federal permitting
Hermosa is currently the only advanced mining project in the US capable of producing two federally designated critical minerals.
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Vedanta copper operation taps South Africa’s RMB to help raise debt
The company has hired Rand Merchant Bank to help raise as much as $1 billion in debt financing.
Copper price rises on ongoing supply strain in China
Chinese buyers continue to face challenges securing copper in a constrained market.
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.
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.
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.
China’s rare earth exports drop as trade war crimps supply
Overseas sales fell 16% in April from March to 4,785 tonnes.
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.
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.