November 14, 2024

Deep sea mining risks over $560 billion in countries’ annual export earnings — report

Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.

November 13, 2024

Citigroup cuts copper forecast on tariffs risk, China outlook

The bank has cut its short-term outlook for copper prices by 11% to $8,500 a ton over the next three months.

November 13, 2024

Hudbay Minerals shares up on record gold production in Manitoba

During Q3, the Manitoba operations produced 62,468 oz. of gold.

November 13, 2024

Rio Tinto approves new solar plant for Kennecott ops to lower emissions

The move will bring the mine's total solar capacity to 30MW.

November 13, 2024

IMF urged to cash in on gold price to help poor countries hit by climate change

Sale of 4% of reserves could generate $9.52 billion.

November 13, 2024

US government backs Aclara’s rare earth separation facility study

Partnership with the US Department of Commerce aims to find the best location for the plant.

November 13, 2024

Uranium price to recover next year on shortage, Trump policy, Sprott CEO says

The heavy metal’s spot price fell to $76.56 per lb. this week, down from a 17-year high of $106 per lb. in February.

November 12, 2024

Gold price nears two-month low on post-Trump win dollar boost

Gold has now declined more than 5% since last week’s election.

November 12, 2024

Mosaic misses quarterly profit estimates, finance chief to retire

Mosaic had cut its Q3 production forecast following equipment failures in Canada and hurricanes at the US Gulf Coast.

November 12, 2024

Ivanhoe’s Friedland says fears for China on US tariffs overblown

Trump has said he would impose duties of 60% on goods from China as part of his plan to build-up the manufacturing industry in the US.