Iron ore price rises on report China mills to temporarily halt output
Tangshan steel mills were ordered to stop output from Aug. 25 for cleaner air before Beijing’s Sept. 3 parade.
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Mine collapse weighs on Codelco debt even as output resumes
Codelco is already among the world’s most indebted major mining companies with debt of about six times EBITDA.
Gold Council awaiting US clarity on gold bar tariffs, Barrick CEO says
The Canadian miner beat analysts' expectations for second-quarter profit on Monday.
Scientists may have discovered a new mineral on Mars
Team of researchers believes they have identified a completely new mineral, derived from an unusual layer of iron sulfate.
Mexico’s PEMEX eyes lithium from oilfield brines
PEMEX says that high concentrations of lithium, comparable to Bolivia’s, have been found in drilling operations across five states.
Lithium market soars as CATL shuts one of world’s top mines
Tianqi Lithium spiked as much as 19% in Hong Kong, while Ganfeng Lithium jumped 14%.
Gemfields sells Fabergé luxury brand for $50 million
The sale to US investment firm SMG Capital wraps up a review of the business initiated by Gemfields in late 2024.
BHP leads global steelmakers group to study Asian carbon capture hubs
The consortium will evaluate how shared infra can cut costs, aggregate sufficient volumes of carbon dioxide for storage or reuse and distribute risks across companies.
A global market based on gold bars shudders on tariff threat
There is more than $1.1 trillion in gold bars stored in vaults to underpin trading in New York and London alone.
