Vale Base Metals head says unit aims to be IPO-ready by 2027
Selling shares in base metals division would help finance an ambitious plan to spend as much as $30 billion to boost production capacity.
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Central banks see further gold accumulation, de-dollarization: WGC survey
An overwhelming number of central banks said they see official gold reserves continuing to rise over the next 12 months.
Ontario nuclear plan could boost uranium mining
The Energy for Generations plan, released this month, sets out Ontario’s integrated long-term strategy to modernize the grid, expand transmission and guide power supply.
Citi sees gold price falling below $3,000 as rally fades
Citigroup forecasts gold retreating by 2026, diverging from bullish Wall Street peers.
Rare earth boss sees ‘long, hard process’ to loosen China’s grip
Western rare earth processing years away, says ex-Molycorp CEO.
Chevron joins oil majors in US lithium production push
It has secured about 125,000 net acres in northeast Texas and southwest Arkansas.
Ecuador reopens mining registry after seven-year freeze
The registry had been closed since January 2018 amid concerns about irregularities in the concession system.
Augusta receives EXIM letter for $50M loan to build Nevada gold mine
The Reward project is expected to produce approximately 39,000 oz. over a 7.6-year life.
Newmont sells exploration projects in Australia to Inflection Resources
Company to acquire a 100% interest in a portfolio of copper-gold exploration projects in New South Wales and the Northern Territory.
