Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025 While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand. Staff Writer | September 17, 2024 | 10:07 am
Uzbekistan’s NMMC to invest $450 million in renewable energy In the first half of 2024, the NMMC installed photovoltaic panels across 21 major industrial sites with a total capacity of 5,750 kW. Staff Writer | September 17, 2024 | 9:57 am
Ma’aden to acquire over 20% stake in Aluminium Bahrain from SABIC The latest transaction is indicative of Ma’aden’s continued growth and ambitions to grow 10 times by 2040, it said. Staff Writer | September 17, 2024 | 8:14 am
Ma’aden, Bahrain’s Alba partner to pursue global aluminum business This potential combination would create a global powerhouse in aluminum production, the companies said. Staff Writer | September 16, 2024 | 11:46 am
Tribal warfare kills at least 20 near Porgera mine in PNG, estimates UN The mine was briefly forced to cease operations as the fighting intensified, according to media reports. Staff Writer | September 16, 2024 | 11:43 am
Wheaton Precious Metals unveils $1 million challenge for groundbreaking technology The challenge invites cleantech companies from around the world to submit their proposals. Staff Writer | September 16, 2024 | 11:02 am
Pasofino Gold receives $75 million cash offer Upon approvals, the parties expect to enter into a definitive agreement in the fourth quarter of 2024, Pasofino said. Staff Writer | September 16, 2024 | 10:04 am
Thor Explorations expands in Côte d’Ivoire with Guitry gold project acquisition The company has agreed to acquire 100% of the gold project from Endeavour Mining. Staff Writer | September 16, 2024 | 9:40 am
Gold price sets new record as Fed rate cut decision looms Spot gold climbed as much as 0.5% to an all-time high of $2,589.70/oz. Staff Writer | September 16, 2024 | 8:56 am
Lucara recovers sixth diamond larger than 1,000 carats at Karowe mine in Botswana Last month, the miner unearthed the second-largest diamond ever found. Staff Writer | September 16, 2024 | 8:33 am
CarbonScape picks site for biographite production demo plant CarbonScape is developing a low-cost and carbon-negative biographite made from wood biomass. Staff Writer | September 16, 2024 | 8:02 am
Ivanhoe Electric says Santa Cruz PFS on track for Q2 2025 The PFS will include a mine plan that will be supported by a new mineral resource and reserve estimate. Staff Writer | September 16, 2024 | 8:02 am
