Freeport Indonesia in talks with government on copper concentrate exports Freeport's Manyar smelter is currently shut down after a fire in October. Reuters | January 3, 2025 | 7:16 am
JV Video: Osisko Metals adds Burzynski, $69m copper project funding Osisko is progressing its Gaspé copper project in Quebec with new financing and a board now featuring industry heavyweight John Burzynski. Northern Miner Staff | January 3, 2025 | 6:24 am
JV Video: Mandalay Resources seeks to become a mid-tier gold producer Toronto-based Mandalay has used revenue from its Bjorkdal gold mine in Sweden and Costerfield gold and antimony mine in Australia to accumulate $55 million in cash. Northern Miner Staff | January 3, 2025 | 6:03 am
Nioko’s buyout offer for Hummingbird to be declared unconditional Nioko, which holds approximately 41.81% of Hummingbird’s share capital, will submit the revised offer before Jan. 13. Staff Writer | January 3, 2025 | 3:49 am
Biden to ban more offshore oil drilling before Trump arrives The move is certain to complicate President-elect Donald Trump’s ambitions to drive more domestic energy production. Bloomberg News | January 2, 2025 | 4:18 pm
Mako to acquire Moss gold mine in Arizona The price is in the range of $4.9 million up to $6.4 million cash. Staff Writer | January 2, 2025 | 2:57 pm
Investors sell gold ETFs for fourth year even with Fed easing A stronger dollar following Donald Trump’s election win saw a renewed selloff of those exchange-traded funds. Bloomberg News | January 2, 2025 | 1:15 pm
Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment The proposal "is nothing but a "Hail Mary" pass destined to fall to the ground," it said. Reuters | January 2, 2025 | 1:03 pm
Chinese firm to build Guinea’s biggest alumina processing plant The refinery will have the capacity to produce 1.2 million tons of alumina per year by the end of 2027. Bloomberg News | January 2, 2025 | 12:58 pm
