Newmont Sells Canadian Gold Mine for $850 Million in Latest Deal
Wedoany.com Report-Nov 19, Newmont Corp. agreed to sell its Musselwhite gold mine in Ontario to Orla Mining Ltd. for up to $850 million as part of a divestment campaign designed to boost shareholder r...
US Raises Import Tariff for Nippon Steel After Review
Wedoany.com Report-Nov 19, The US Commerce Department has ratcheted up tariffs on Nippon Steel Corp. just as the Japanese steelmaker made an anti-import promise to gain support for its $14.1 billion t...
Chinese Steel Exports Are Booming But Here’s Why That Won’t Last
Wedoany.com Report-Nov 18, Steelmakers in the world’s biggest producer are leaning heavily on overseas sales to soak up a surplus caused by the country’s years-long property crisis. But th...
Resolute Mining to Pay Mali $160 Million Over Tax Dispute
Wedoany.com Report-Nov 18,Resolute Mining Ltd. will pay the Mali government about $160 million as it seeks to resolve a tax dispute that’s seen its chief executive officer detained for more than...
Gold Rebounds After Deep Weekly Loss With Rate Outlook in Flux
Wedoany.com Report-Nov 18, Gold advanced after suffering its worst weekly drop since 2021, as the US dollar eased and traders weighed the outlook for Federal Reserve rate cuts given Donald Trump&rsquo...
Goldman Says ‘Go for Gold’ as Central Banks Buy, Fed Cuts in ‘25
Wedoany.com Report-Nov 18, Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc., which listed the metal among top commodity tra...
BHP Warns Australian Mining Not Ready for Low-Cost Competitors
Wedoany.com Report-Nov 18, BHP Group’s Australia chief said the nation can’t rely on its traditional mining export markets and is unprepared for a new era of lower-cost competitors. The bo...
BHP Warns Australian Mining Not Ready for Low-Cost Competitors
Wedoany.com Report-Nov 18, BHP Group’s Australia chief said the nation can’t rely on its traditional mining export markets and is unprepared for a new era of lower-cost competitors. The bo...
China’s Bid to Rein In Exports Roils Aluminum Stocks and Prices
China’s cancellation of tax relief on exports has left the aluminum industry scrambling to assess the impact on supply flows, with Chinese companies suffering steep stock declines while their in...
Nickel Miner Prony Plans for Restart of New Caledonia Production
Wedoany.com Report-Nov 18, Nickel miner Prony Resources New Caledonia has brought its staff back onsite as it prepares to restart output after a six-month suspension triggered by riots in the French t...