September 16, 2024

Antofagasta to invest $3.5 billion in 2025 amid portfolio expansion

The miner is actively looking for copper projects in Peru that can yield at least 50,000 tonnes of the red metal for 10 years or more.

September 16, 2024

Ivanhoe Electric says Santa Cruz PFS on track for Q2 2025

The PFS will include a mine plan that will be supported by a new mineral resource and reserve estimate.

September 16, 2024

China’s grip on rare earths undercuts projects from US to Japan

A slump in prices since 2022 is undermining the business case for rare earth projects.

September 15, 2024

Dearth of quality new gold discoveries to stifle supply — report

S&P also says it expects gold supply to peak in 2026 at 110 million ounces.

September 15, 2024

Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion

After completing the transaction, Alcoa would own approximately 2% of Ma’aden’s current shares outstanding.

September 13, 2024

Nippon Steel bid for US Steel faces Sept. 23 review deadline

The deal has become a political hot potato and faces high-profile opponents.

September 13, 2024

Centerra completes feasibility study on US molybdenum operations

The report estimated an after-tax net present value (at 8% discount) of $472 million with a 22% internal rate of return.

September 13, 2024

Graphic: Gold bulls set sights on previously dismissed record $3,000 milestone

Gold bulls are locking in bullion prices surging to fresh records, fired up by monetary easing and a tight US presidential election race.

September 12, 2024

US Strategic Metals, Glencore enter processing partnership with Chilean Cobalt

The partnership is expected to strengthen US critical minerals supply chains.

September 12, 2024

Gold price hits new high as momentum builds for Fed rate cut

Spot gold climbed 1.6% to a new all-time high of $2,554.78 per ounce.