Mitsubishi Corp loses $90 million in suspected China metal fraud
The loss is the latest in a string of recent cases of alleged wrongdoing to hit a major commodity trading house.
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China’s trade reprisals may extend to minerals like rare earths
China isn’t short of options when it comes to critical minerals that could be used as counters in a trade war with the US.
Vale aims to go down-market on iron ore
The miner plans to offer more lower-quality iron ore to adapt to the needs of a battered steel industry.
Gold price inches up on political turmoil, US jobs data
Gold moved little on Tuesday after South Korean President Yoon Suk Yeol made a surprise declaration of martial law, before rescinding the decree just hours later.
Lundin Gold more than triples Bonza Sur deposit length near Fruta del Norte
The Bonza Sur deposit was discovered in 2023 through drilling a geochemical soil anomaly 1 km south of the mine.
NexGen Energy inks first uranium sales agreements with major US utilities
The agreements outline the delivery of 1 million pounds of U3O8 annually between 2029 and 2033.
Biden unveils $600 million in new financing for African railway
While in Lobito, Biden toured the port and met with companies investing in the project.
Iron ore price gains as China stimulus hopes outweigh worries of escalating trade tensions
Hopes of more fiscal stimulus from the upcoming Central Economic Work Conference in China helped prices.
Workers’ strike slows production at B2Gold’s Fekola mine, sources say
Between 1,875 and 2,000 workers at B2Gold's Fekola mine in Mali launched the seven-day strike on Nov. 29.