November 18, 2024

Abu Dhabi’s IRH explores investing in Alphamin’s Congo tin mines

Alphamin’s tin projects are in North Kivu province, which has been wracked by conflict for three decades.

November 18, 2024

South Africa police standoff with illegal gold miners escalates

The police sealed off access to the Buffelsfontein gold mine in Stilfontein several weeks ago to deny the miners access to food and other essentials.

November 18, 2024

Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes

Analysts say near-term demand for iron ore remain strong, supporting prices.

November 18, 2024

Korea Zinc wins export control ruling amid fight to thwart takeover

Korea Zinc has been trying to thwart a takeover by rival zinc maker Young Poong.

November 18, 2024

Australia’s national investment fund makes first bet on mining

Australia’s National Reconstruction Fund will invest $26 million to boost mining equipment manufacturing in the state of Queensland.

November 17, 2024

BHP warns Australian mining not ready for low-cost competitors

The boom in demand from China’s industrialization is now “past the period of aggressive growth,” BHP’s Australia President said.

November 17, 2024

Resolute Mining to pay Mali $160 million to resolve tax dispute, free staff

The company’s shares in Sydney were suspended on Thursday, after tumbling 40% since news of the detention of CEO Terry Holohan.

November 17, 2024

Gold loses some luster after Trump’s decisive win

Gold’s slide is a marked turnaround for a commodity that had surged by more than 30% in the year leading up to the US vote.

November 16, 2024

Trump chooses oil fracking boss as energy secretary

Chris Wright, the chief executive officer of Liberty Energy Inc., has no previous Washington experience.

November 15, 2024

Hedge funds slash bullish wagers on gold over Trump election win

Hedge funds and other large speculators boosted net-long positions by 11% to 197,362 as of Nov. 12, the lowest in 14 weeks.