Guinea plans sovereign wealth fund backed by iron ore income
The African nation's Simandou mine is expected to start production by the first quarter of 2026.
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Chilean mine proposal could face Supreme Court review, environment minister says
Chile's Andes Iron has attempted for years to develop the $2.5 billion Dominga mine project in the Coquimbo region.
Centerra backs Dryden Gold with $2.4 million for 9.9% stake
Dryden said it will now be fully financed through 2025 with a C$5.8 million exploration budget.
Lithium supply surplus set to stay with battery makers’ help
Global lithium surpluses expected to persist through 2027.
Nornickel says sees global nickel surplus of 150,000t in 2024-2025
The company said it expects the palladium market to reach balance in 2025.
Gold price could extend record run into 2025, Heraeus says
Heraeus expects gold prices to range from $2,450 to $2,950 per ounce in 2025.
Polyus says sanctions will double cost of Siberian gold deposit
The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions.
South32 pulls Mozambique smelter forecast amid unrest
Transport of raw materials to Mozal Aluminum is currently being blocked by Presidential election-related civil unrest.
Nippon Steel makes final push to win over US workers
Nippon clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts.
