December 8, 2020

US Steel to buy remaining Big River stake amid steel surge

U.S. Steel is exercising a call option and will use cash on hand to buy the stake for about $774 million.

December 8, 2020

KORE Mining finds gold occurrences on California project

KORE is currently permitting a district-scale drill program for next year.

December 8, 2020

Newmont to spend $500m over 5 years on climate initiatives

Company last month committed to a 30% reduction in carbon emissions by 2030, and net zero emissions by 2050.

December 7, 2020

The death of US shale has been greatly exaggerated

The industry could be primed to recover much faster than what we have been led to believe.

December 7, 2020

Gold stock correction matures

While this total selloff could still deepen, waning downside risks are increasingly being outweighed by big upside potential.

December 7, 2020

Biden infrastructure plans will prop up base metals markets

Plans by US President-elect to spend $2 trillion on infrastructure are expected to underpin metals prices in the coming months.

December 7, 2020

Gold price rallies to two-week high

Gold has recovered more than 5% since slumping to a five-month low at the end of November.

December 7, 2020

Trump set to approve Arizona land swap for mine opposed by Native Americans

The San Carlos Apache Tribe says the mine, if built, would destroy land considered the home of religious deities and sites used for tribal ceremonies.

December 7, 2020

Decarbonizing electricity production in the US by 2035 less costly than expected

Meeting the 2035 deadline for decarbonizing electricity production would only eliminate 15% of the capacity-years left in fossil fuels power plants.

December 4, 2020

Copper bull run may only be getting started

Goldman Sachs analysts said the current price strength “is not an irrational aberration” but rather “the first leg of a structural bull market in copper.”