Ivanhoe stuns market with deep Kamoa-Kakula output cut
Revised plan for the vast copper mine complex lowers near-term volumes while prioritizing stability and long-term efficiency gains.
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US firm Virtus Minerals buys Congolese cobalt producer Chemaf
Virtus had earlier said it had agreed to acquire Chemaf for about $30 million.
Singapore weighs adding gold storage for global central banks
The city state is evaluating potential locations, including a plot of land near Changi Airport.
Ivanhoe says revised report cuts 2026 copper output forecast for DRC mine
Company has lowered the estimate for 2026 copper anode production to a range of 290,000 to 330,000 tonnes.
Gold price posts worst month since 2008 despite hopes war is near end
The US dollar and Treasury yields retreated further on reports that both countries are signaling an opening toward a resolution.
Arafura Rare Earths secures $159 million to boost Nolans project
Arafura plans to supply from its Nolans project in the Northern Territory 4,440 metric tons a year of NdPr oxide.
Barrick forms new leadership group to pursue North American IPO
The new management team will oversee Barrick’s mines in Nevada and the Dominican Republic and consists of seven positions.
Moonshot puts global metals scramble on display
Orion’s materials include aluminum-lithium alloys that reduce weight in the crew module, titanium provides structural strength, and nickel-based superalloys allow engines to operate under severe heat.
Goldman still sees gold price at $5,400 by year-end despite downturn
Bullion still faces “tactical downside risks” in the short term, and could drop as low as $3,800 an ounce, the bank said.