Copper rose above $10 000/t on the London Metal Exchange for the first time since October, as buyers in the US race to import supplies of the key industrial meal ahead of potential tariffs. Prices have risen 14% since the start of the year on the LME. Still, that...
Gold rose to an all-time high on Thursday as the Federal Reserve hinted at two possible interest rate cuts this year, bolstering bullion’s appeal amid ongoing geopolitical and economic woes. Spot gold was up 0.1% at $3 049.89 an ounce as of 02:10 GMT. Bullion...
As companies seek to extract critical minerals used in electric vehicle batteries and other green technologies from the deep sea, a showdown is under way over when and whether to allow mining of untouched, biodiverse ecosystems. For more than a decade, delegates from...
Canadian diamond miner Mountain Province has completed its previously announced refinancing transactions, securing funding to address near-term financial challenges and extend the maturity of its debt obligations. The refinancing package, initially announced on...
Rio Tinto is set to engage mining contractor Primero Group for a seawater desalination project at Parker Point, Dampier, Western Australia. Primero – NRW Holding’s major branc – is anticipated to receive around $100 million in proceeds for the contract,...
