February 6, 2025

Trump meets US Steel CEO to discuss its long sought tie up with Japan

Nippon Steel said on Thursday that its bid fits with Trump's goal of a stronger US as the leaders of the two allies prepared to meet.

February 6, 2025

Mongolia seeks to boost coal exports to China with new rail link

Mongolia was China’s fourth-largest supplier of foreign coal last year, and provided 60% of coking coal imports for the nation’s massive steel mills.

February 6, 2025

Barrick says global gold reserves rose 23% last year

Reserves jumped after a new assessment of Pakistan’s giant Reko Diq project.

February 6, 2025

Philippine lawmakers to approve bill to ban ore exports

The Philippines is the world’s second-largest nickel ore supplier with bulk of its shipments going to top market China.

February 6, 2025

Vedanta aims to raise $1 billion via debt to fund Zambian copper mines

The Indian company is trying to raise money to fund development of its Konkola Copper Mines.

February 6, 2025

US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close

Nippon Steel's bid for US Steel was blocked last month by then-US President Joe Biden.

February 6, 2025

Barrick’s gold reserves rise in 2024 on Reko Diq project

It added 13 million ounces of gold to its probable reserves after completing the project's feasibility study.

February 6, 2025

Nickel Industries making money in weak market

Nickel Industries' outlook on why it will be a long road back to market for Western nickel producers.

February 5, 2025

Chinese firms control around 75% of Indonesian nickel capacity, report finds

According to the report, Indonesia's 8-million-tonne refining capacity was distributed across 33 companies, but ownership tracing showed shareholder overlap.

February 5, 2025

Gold price hits fresh record on haven demand

Bullion rallied as much as 1.4% to exceed $2,882.36 an ounce on Wednesday.