Australian magnate Rinehart takes stake in MP Materials
MP Materials is the biggest producer of rare earths in the United States.
Latest Stories
Outflows from gold ETFs slowed in March
Global gold ETFs saw outflows of $823 million in March, down from an outflow of $2.9 billion in February.
BHP set to dethrone Codelco as world’s biggest copper producer
As long as BHP’s giant Escondida mine in Chile continues to step up production, the Australian company will nudge past Codelco this year.
Guinea’s Simandou iron ore project secures $15 billion financing
The project is expected to add around 5% to the global seaborne supply when it comes online.
Video: EY analyst warns of growing industry pushback against ESG scoring
The mining industry is re-evaluating ESG benchmarking due to its perceived burdensome nature and perceived misalignment, Theo Yameogo says.
Hecla’s silver output jumps 43% with Lucky Friday at full tilt
The Idaho silver mine, which is Hecla’s third-largest producer, yielded 1.1 million ounces in the first three months of the year.
Coeur Mining’s expanded Rochester mine reaches commercial production, shares rise
Rochester is expected to be the largest source of US produced and refined silver.
Iron ore price extends rally on hopes of improved demand in China
Iron ore prices extended gains to a second straight session on Tuesday.
Rare earth prices in China hit 7-week high on post-holiday restocking
China accounts for 70% of rare earths mining and 90% of refined output.
