by Gordon Barratt | Apr 25, 2025 | News
Brazilian miner Vale reported a 17% decline in its first-quarter net profit on Thursday, hit by lower iron ore prices despite improved costs. Vale, one of the world’s largest iron-ore producers, posted a net profit of $1.39-billion for the quarter...
by Gordon Barratt | Apr 25, 2025 | News
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy. The order, which Trump signed in...
by Gordon Barratt | Apr 25, 2025 | News
Indonesia’s push to roll out a government-set price for coal is not gaining traction in top buyer China, undermining Jakarta’s attempt to exert more leverage over its commodity exports. Indonesia began using the new government-set price, known as...
by Gordon Barratt | Apr 25, 2025 | News
Calibre Mining shares jumped to their highest price in 13 years after Equinox Gold sweetened its takeover offer for the Canadian gold producer hours before investors were to vote on the deal. Shares of the Vancouver-based firm rose as much as 7.4% to C$3.36 in Toronto...
by Gordon Barratt | Apr 24, 2025 | News
Ghana and Gold Fields have reached an agreement on a transitional plan for Damang mine, the West African country’s presidency said on Wednesday. Last week, Ghana assumed operational control of the mine after it rejected an application from the South African...
by Gordon Barratt | Apr 24, 2025 | News
The world’s biggest gold miner Newmont beat Wall Street estimates for first-quarter profit on Wednesday as a rally in bullion prices helped offset lower production, sending its shares up 2% after hours. The average price of gold has been rising over...
