January 27, 2025

Fortescue to buy Red Hawk Mining to tap Western Australia ore

The offer price of as much as A$1.20 cash per share implies a fully diluted equity value for Red Hawk of A$254 million ($160 million).

January 27, 2025

Nucor posts lower fourth-quarter results; sees steel market improving

Nucor's CEO said steel demand softened throughout 2024 but noted that market conditions were starting to improve.

January 27, 2025

Tin miner Alphamin slumps after rebels take Congolese city

Rwanda-backed rebels overran the eastern Congolese city of Goma, the capital of North Kivu province where the company’s tin mines are located.

January 27, 2025

Barrick, Mali to start new negotiations on Tuesday

Barrick has temporarily suspended its mining operations in Mali.

January 27, 2025

Ghana plans gold board to increase earnings and curb smuggling

Ghana plans to launch a Gold Board to streamline gold purchases from small-scale miners, increase earnings and reduce smuggling.

January 27, 2025

Nornickel sees up to 3% nickel output increase in 2025

The company sees its nickel output at 204,000-211,000 metric tons in 2025.

January 27, 2025

JSW Group to invest $301m in India copper mines in non-ferrous foray as steel prices dull

The group has won two blocks of copper mines in the eastern mineral-rich state of Jharkhand from Hindustan Copper.

January 27, 2025

Column: Zinc’s high premium to sister metal lead may not last

Lead and zinc may be geological sister metals but their market fortunes have been very different in recent months.

January 27, 2025

Vale shares shed $17 billion as iron ore slump foils turnaround

The miner has lost its rank as Brazil’s third-largest publicly traded company.

January 27, 2025

Discovery Silver to acquire Newmont’s Porcupine operations for $425m

The Ontario mining complex has an annual gold production of 260,000 ounces.