Indian steel tycoon’s pathway to Mozambique coal deal reopens
JSW’s $74 million deal to buy Minas de Revuboe ran into trouble when the administration of former President Filipe Jacinto Nyusi revoked the mining lease.
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China’s total gold imports via Hong Kong in April top one-year high
A sharp rebound in gold imports, following months of net exports, reflects shifting economic sentiment.
Citi adjusts short-term gold price forecast back to $3,500
Citi, which has maintained a bullish outlook on gold since 2023, first lifted its price target to $3,500 per ounce in April 2025.
Ivanhoe withdraws production guidance at Kakula, shares dive
Ivanhoe suspended underground mine operations last week following recent seismic activity.
Barrick challenges Mali bid to control Loulo-Gounkoto
Mali earlier this month formally asked a local court to impose provisional administration over the gold mine.
Gold price falls almost 1% on Trump’s EU tariff delay
"We still look for higher prices over the coming months, expecting the yellow metal to retest the level of $3,500/oz.," UBS analyst said.
Garage meets and sleepless flights: How Nippon Steel’s negotiator stuck at US merger
A merger with US Steel would create the world's third-largest steel producer.
Chinese customs caution slows some rare earth magnet exports
Customs data shows China's exports of permanent magnets fell 51% in April.
Australia’s minerals stockpile to tackle ‘distorted’ rare earths market
The strategic reserve would help mid-tier and small Australian miners by providing loans and reducing financial uncertainty.
