Mitsui Said to Be Top Bidder for First Quantum Mines Stake
Wedoany.com Report-Nov 20, Japanese trading house Mitsui & Co. has emerged as the highest bidder for a stake in First Quantum Minerals Ltd.’s Zambian copper mines, according to people familiar w...
Korea Zinc Boss Looks to Regain Trust After ‘Tactical Error’
Wedoany.com Report-Nov 20, Korea Zinc Co.’s chairman is working to regain shareholders’ trust after being forced to scrap a $1.8 billion share sale last week, a setback in the bitter battl...
UBS Joins Goldman in Forecasting That Gold’s Rally Isn’t Over
Wedoany.com Report-Nov 20, Gold will rally to $2,900 an ounce by the end of next year, according to UBS Group AG, echoing a call from Goldman Sachs Group Inc. for further gains as central banks expand...
Nippon Steel’s Mori to Meet With Pennsylvania Governor Shapiro
Wedoany.com Report-Nov 20, A top Nippon Steel Corp. executive is set to meet Pennsylvania Governor Josh Shapiro, an ally of President Joe Biden, to tout how his company’s proposed $14.1 billion ...
Indian Metals Giant Expects to Gain From China Scrapping Export Tax Rebate
Wedoany.com Report-Nov 19, Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign uphere. Hindalco Industries Ltd. hopes to ...
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 re...
Abu Dhabi’s IRH Explores Investing in Alphamin’s Congo Tin Mines
Wedoany.com Report-Nov 19, Abu Dhabi’s International Resources Holding is in talks about buying an indirect stake in one of the world’s biggest tin producers. Private equity firm Denham Ca...
South Africa Police Standoff With Illegal Gold Miners Escalates
Wedoany.com Report-Nov 19, The South African police intensified efforts to force hundreds of illegal gold miners holed up in underground shafts to the surface so they can be arrested. The police seale...
Australian Pension Group Rejects Mineral Resources Pay Proposal
Wedoany.com Report-Nov 19, A group representing Australia’s A$3.9 trillion ($2.5 trillion) pension industry has recommended its members vote against the remuneration plan of scandal-hit Mineral ...
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...
US House Passes Critical Mineral Consistency Act
Wedoany.com Report-Nov 18, US Congressman Juan Ciscomani (AZ-06) celebrated the bipartisan House passage of his legislation to ensure parity between Critical Materials, as defined by the Department of...
Trump Promised to Kill US Steel Deal. Now What?
Wedoany.com Report-Nov 16, On the final day of his election campaign, Donald Trump stood on stage in Pittsburgh flanked by steelworkers and promised to protect American jobs and manufacturing. Curious...
Poseidon Shores Up Golden Results At Black Swan
Wedoany.com Report-Nov 15, Poseidon Nickel has beenturning heads since Septemberwhen it announced its Black Swan nickel mine in Western Australia was showing promise for gold mineralisation. Now, the ...
Aussie Tungsten Locked In For Us Supply Deal
Wedoany.com Report-Nov 15, Australian-based EQ Resources (EQR) has locked in a five-year tungsten supply deal with leading US-owned and fully integrated tungsten manufacturer, Elmet Technologies. The ...
NT Strengthens Critical Mineral Supply Chains
Wedoany.com Report-Nov 15, A new agreement between the Northern Territory Government and the Republic of Indonesia will be aimed at establishing a strong framework for mineral supply chains. The agree...
Thunderbird Snaps Up Gold-antimony Assets
Wedoany.com Report-Nov 15, Critical minerals explorer Thunderbird Resources is set to acquire a highly prospective gold-antimony exploration land package in the New England Orogen of New South Wales. ...
Minres Temporarily Suspends Bald Hill
Wedoany.com Report-Nov 15, Mineral Resources (MinRes) will transition its Bald Hill lithium mine in Western Australia into care and maintenance amid cyclically low lithium prices. The major mineracqui...