Portugal’s government backs Savannah’s lithium mine with $128M grant
Around €82 million of the grant would fund the initial capital expenditures of the project in Portugal's Barroso region.
Latest Stories
Trump, Congress move to overturn Minnesota mining ban
The big beneficiary would arguably be Chile's Antofagasta, whose Twin Metals unit has been trying to develop a massive copper-nickel mine on public land for decades.
Orano may seek investors for $5 billion nuclear fuel plant in US
Orano was awarded $900 million this week by the US government to build the facility.
La Mancha sells down Endeavour Mining stake
The finance firm’s Luxembourg-based fund sold 3.5% of Endeavour in a bought deal.
Gold price could hit $5,000 in H1 2026, says HSBC
However, for the entire year, it expects gold to trade within a wide range that could go as low as $3,950 per ounce.
Chinese demand for copper vanishes after prices hit record
A Mysteel Global survey showed that about 60% of the firms making copper rod for electricity transmission cut or shut production over the month.
Gold price surge boosts Swiss National Bank’s profit
The provisional figure was down from the record 80.7-billion-franc profit in 2024, but still ranked among the top five in the SNB's 119-year history.
IPO of India’s top coking coal miner oversubscribed on first day
Bharat Coking Coal's $118.7 million IPO drew bids for 1.72 billion shares, nearly five times the shares on offer.
Pan Pacific hikes 2026 Japan copper premium to record $330/t
Like their global peers, Japanese copper smelters are contending with tumbling TC/RCs.
