September 25, 2023

Gold, miners weather Fed

Fed hawkishness has been the rankling thorn in gold’s side for 18 months now.

September 25, 2023

Gold price subdued by Fed’s higher-for-longer interest rate stance

One analyst forecasts gold prices to trade between $1,910 and $1,950 for the rest of this quarter.

September 25, 2023

Gates, Bezos-backed KoBold Metals to build copper mine in Zambia within 10 years

The California-based firm is spending about $150 million to speed up additional exploration at its Mingomba project.

September 24, 2023

Chinese gold buying is driving a paradigm shift in bullion

As inflation-adjusted rates soared this year to the highest since the financial crisis, bullion has barely blinked.

September 22, 2023

US Steel draws interest from small Canadian rival it once owned

Stelco is in talks with a potential partner on its bid, Bloomberg sources say.

September 22, 2023

US says it can’t cut China out of critical minerals supply chain

China’s key role in the processing of raw minerals means it will remain a key partner, says Jose Fernandez, the US under secretary for economic growth and the environment.

September 22, 2023

Ausenco acquired by Eldridge, Brightstar Capital and Claure Group for $578 million

The exit price compares with the $150m Resource Capital Fund paid for Ausenco in 2014.

September 22, 2023

Largest asteroid sample ever collected is coming down to Earth

OSIRIS-REx could also help inform future missions to asteroids — perhaps even ones to mine these rocks for resources.

September 22, 2023

Study points to need to clean up legacy mining pollution that poses health risks to millions

It is estimated that 23 million people living on the world’s floodplains are being exposed to potentially dangerous concentrations of toxic waste, a new study finds.

September 22, 2023

Philippines hopes to boost cooperation with US in mining and batteries

Philippines see the March agreement between the United States and Japan on critical minerals as a model.