June 6, 2024

Most energy and mining projects 20% over budget — study

About $1.5bn invested in energy transition-related projects are at risk through 2030, research from Bain & Company shows.

June 5, 2024

You can now buy gold bars from vending machines in South Korea

The machine at GS Retail Co.’s convenience store sells gold bars from as big as 37.5 grams (1.32 ounces) to as small as less than 1 gram.

June 5, 2024

Traders are desperate for copper deals and miners are cashing in

Recent moves by cash-flush energy traders are raising tensions and sparking a scramble for contracts.

June 5, 2024

De Beers aims to rebrand as top jewellery group

De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American.

June 4, 2024

Gold purchases by central banks were strong in April despite high prices, WGC says

Demand from global central banks for gold has been elevated for two years as they diversify their foreign currency reserves.

June 4, 2024

South Korean, African leaders pledge deeper ties, critical mineral development

South Korea is planning to increase development aid for Africa to $10 billion over the next six years.

June 3, 2024

China to build $1.5 billion copper smelter in Kazakhstan

Copper smelter is projected to have an annual production capacity of 300,000 tonnes.

June 3, 2024

Freeport Indonesia raises output target, awaits new export permit

Indonesia banned shipments of all raw minerals from June 2023, but Freeport was given a year-long dispensation.

June 2, 2024

Nippon Steel’s Mori returns to US this week for talks on US Steel takeover

The deal would give Nippon Steel greater access to the profitable U.S. market and further its long-term financial goals.

May 31, 2024

India’s Altmin in talks with Australia for lithium supplies

Altmin, India's only cathode active materials producer, currently sources lithium carbonate from Brazil and Bolivia.