October 31, 2024

Freeport probed by SEC over quake risk at Indonesia copper plant

Officials are investigating if the miner failed to disclose the threats that an earthquake could pose to its new copper smelter complex.

October 31, 2024

UBS expects copper price to average $10,500 in 2025

Demand from the new energy vehicles, solar, wind and China's grid investment remains resilient; and copper is also benefiting from high-growth industries such as the data centres for AI and…

October 30, 2024

Abandoned copper mines embraced as fast track to boost output

A range of companies are firing up abandoned assets once seen as financial liabilities to fast-track significant volumes of supply.

October 30, 2024

Caterpillar slides as machinery maker curbs full-year outlook

The cautious forecast by one of the world’s biggest heavy machinery producers comes amid uncertainty around the November election in the US.

October 30, 2024

Newmont commissions first battery-electric truck at Colorado mine

The vehicle, dubbed the Early Learner Cat 793 XE, is an important milestone for Newmont, made possible through its strategic alliance with Caterpillar.

October 30, 2024

Rio Tinto transitions to renewable diesel at Kennecott

The operation's overall carbon footprint has now been reduced by more than 80% from 2018 levels.

October 30, 2024

Gold price scales $2,800 amid US election uncertainty

Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs.

October 30, 2024

Gold demand tops $100 billion as Western investors charge in

Investment flows from the West, including more high-net-worth individuals, helped offset waning appetite from Asia.

October 29, 2024

Alcoa ‘very bullish’ on aluminum for energy transition

Megatrends are driving aluminum demand of 3%, 4%, and 5% every year its CEO said.

October 29, 2024

Private equity deals in mining sector tumble by half in 2024 – report

Total transaction value as of Sept. 30 was $4.76 billion, down more than 50% compared to the $10.52 billion registered in the full year 2023.