August 28, 2025

Nippon Steel bets on $11B investment, tech transfer to lift US Steel profit

Plans include a new hot-rolling mill at US Steel's Mon Valley Works in Pennsylvania and the refurbishment of the No. 14 blast furnace at Gary Works in Indiana.

August 28, 2025

India considers easing restrictions on gold in pension funds

An easing of the 5% limit on gold ETFs would further boost the pension funds' growth.

August 28, 2025

Column: LME storage capacity falls as politics upend metal flows

LME's global warehousing capacity shrank by 4.25% over the first half of 2025 despite the opening of new delivery locations.

August 27, 2025

South32 sees limited risk of Indonesia replicating nickel success in alumina

South32 reported a 75% surge in full-year profit on Thursday, helped by strong performance at its alumina division and higher commodity prices.

August 27, 2025

Newmont plans sweeping job cuts in cost-cutting drive – report

Newmont’s costs have surged more than 50% over the past five years due to higher energy, labor, and material prices.

August 27, 2025

Vietnam lifts state monopoly on gold

The country is the third-largest importer of gold in Asia, after China and India.

August 27, 2025

Freeport Indonesia to wrap up Gresik plant repairs by early September

Freeport expects to complete early next month repair work at its JV smelter in East Java.

August 27, 2025

Kyrgyzstan kicks off underground gold mining at Kumtor

Kumtor was once Centerra Gold’s biggest asset, accounting for more than half of its total output.

August 27, 2025

Rio Tinto overhaul cuts to three units, axes execs, reviews mines

Rio Tinto’s new boss Simon Trott is merging divisions, reviewing mineral assets and signalling more tough choices ahead.

August 26, 2025

Indonesia scraps coal pricing rules after pushback from buyers

Miners will now be allowed to sell below government-set benchmarks.