December 9, 2024

Nippon Steel makes final push to win over US workers

Nippon clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts.

December 9, 2024

Newmont cuts management jobs in major corporate restructuring

The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said.

December 9, 2024

Namib Minerals set for Nasdaq debut following $500m SPAC deal

The proposed business combination, which implies a pro forma combined enterprise value of $609 million, represents the largest African de-SPAC deal to date.

December 9, 2024

Gold price hits 2-week high on renewed China purchases, Syria regime collapse

The People’s Bank of China – a major buyer of the metal – announced that it has resumed purchases after a six-month hiatus.

December 9, 2024

Brazilian Nickel advances project financing with LOI for $550m

The funding represents 40% of the Piauí nickel project’s overall financing package.

December 9, 2024

Citi chops back copper forecasts as Trump’s trade tariffs loom

The metal is expected to average $8,750 a ton in 2025, down from a prior forecast of $10,250.

December 9, 2024

Perpetua Resources, Sunshine Silver to explore antimony processing in Idaho

Last week, China banned the export of antimony and other minerals such as germanium and gallium to the US.

December 6, 2024

Rattled by China, West scrambles to rejig critical minerals supply chains

China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts.

December 6, 2024

Dealmaker sues Randgold for up to $18 million over Barrick merger work

Ian Hannam, formerly one of JPMorgan's top rainmakers, alleges that Randgold had reneged on their agreement.

December 6, 2024

SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor acquisition

The miner announced the acquisition of CC&V in Colorado from Newmont on Friday.