Glencore’s deal for giant Colombian coal mine ends up costing much less
The company on Tuesday said it completed the acquisition of the Cerrejon mine, at an estimated final cost of $230 million.
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Osisko Mining’s Windfall resources hit 6.8 million oz gold
Osisko has released the updated resource estimate for its Windfall gold project that puts 3.2 million oz. in the indicated category plus 3.6 million oz. in the inferred category.
Capital investment firm, battery recycler join forces to boost US rare earths production
HG Ventures and American Rare Earth LLC want to scale up the recycling of batteries, magnets and e-waste with the goal of recovering and supplying rare earth metals to the US market.
Rio Tinto to transport iron ore in Pilbara via battery-electric trains
The miner will buy four battery electric trains to deploy in the Pilbara region of Western Australia as part of its decarbonization strategy.
Galantas Gold to kick off operations at Northern Ireland mine
Company is about to pour first gold at its Omagh mine, with production set to start at the end of the current quarter.
Iron ore price jumps on hopes of recovering steel production in China
"Expectation on resuming steel production and restocking demand before Chinese holidays could shore up iron ore prices," said Huatai Futures.
London Metal Exchange trading resumes after five-hour outage
LME suffered the interruption after a power failure at a third-party data center.
Coal prices in costliest US region fall from 12-year peak
Central Appalachia posted its first price decline since July, falling 6.4% to $86.55 a short tonne for the week ending Jan. 7.
Crypto can’t beat gold as an inflation hedge, says Barrick boss
“Look at gold and its precious nature - you can’t print it and you can’t make it,” Mark Bristow said.
