January 3, 2025

Biden officials issue permit for Perpetua’s Idaho antimony-gold mine

The move is aimed at offsetting China's near-total market control of a metal used widely across the defense and energy sectors.

January 3, 2025

Biden’s veto of US Steel deal raises multitude of new questions

US statute makes it clear that American presidents are granted the power to kill a deal they deem a threat to national security.

January 3, 2025

Gold price declines as traders await key US economic data

Gold erased gains as traders geared up for US economic data that may help them assess the outlook for interest rates in the year ahead. 

January 3, 2025

Copper lures buyers as New York futures hover above $4/lb

Copper futures edged higher in London and New York as tentative signs of buying interest emerged following a string of losses.

January 3, 2025

White House: decision to block Nippon-US Steel deal was about keeping critical business in American hands

Biden's decision to block the sale of US Steel was not about slighting Japan, it said.

January 3, 2025

Sandfire America wins water rights ruling in Montana

The Montana Supreme Court has affirmed a 2023 district court ruling on its determination of "beneficial use of water" with a 5-2 decision.

January 3, 2025

Nippon Steel to sue US government over blocked US Steel deal

US President Joe Biden has blocked the $14.1 billion sale.

January 2, 2025

Biden to ban more offshore oil drilling before Trump arrives

The move is certain to complicate President-elect Donald Trump’s ambitions to drive more domestic energy production.

January 2, 2025

Mako to acquire Moss gold mine in Arizona

The price is in the range of $4.9 million up to $6.4 million cash.

January 2, 2025

Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment

The proposal "is nothing but a "Hail Mary" pass destined to fall to the ground," it said.