July 21, 2024 Saudi Arabia to visit Brazil and Chile as seeks to diversify mining The diversification strategy includes plans to expand into international mining to secure access to minerals including copper, cobalt and nickel, as well as lithium.
July 20, 2024 Nippon Steel hires Mike Pompeo to advise on US Steel deal Nippon Steel also faces objections from the powerful United Steelworkers (USW) union, which fears the deal could lead to job losses.
July 19, 2024 Hedge funds’ bullish bets on gold jump to four-year high Hedge funds and other large speculators boosted their net-long position in gold.
July 19, 2024 Mexico government takes step toward classifying Vulcan mine location as protected area Declaring Vulcan's Calica mine is in a “protected natural area,” signals a potential expropriation of its land.
July 19, 2024 Congo’s South Kivu governor suspends mining operations in province The decision will hit artisanal miners of metals such as gold and tin hard, as they are the region's dominant producers.
July 19, 2024 Vedanta pays $246 million to regain Zambia copper mines The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons.
July 19, 2024 Gold stocks to overshoot The gold miners’ stocks have blasted higher to a powerful upside breakout this month.
July 19, 2024 Zambia asks mines to curtail normal power use by 40% amid crunch Production has so far been stable thanks to co-operation between the mining industry and the government.
July 19, 2024 ArcelorMittal says dissident workers still protesting in Mexican plant ArcelorMittal announced on Thursday the end ofthe blockade at its facilities in the southern state of Michoacan.
July 19, 2024 Centrus gets waiver on uranium imports from Russia The DOE deferred a decision on a waiver for 2026 and 2027, Centrus said.
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