BHP warns Australian mining not ready for low-cost competitors The boom in demand from China’s industrialization is now “past the period of aggressive growth,” BHP’s Australia President said. Bloomberg News | November 17, 2024 | 4:44 pm
Resolute Mining to pay Mali $160 million to resolve tax dispute, free staff The company’s shares in Sydney were suspended on Thursday, after tumbling 40% since news of the detention of CEO Terry Holohan. Reuters | November 17, 2024 | 3:34 pm
Aluminum price to average 6% higher in 2024, says Fitch Group’s BMI Analysts also raised its 2024 aluminum price forecast from $2,400/tonne to $2,450/tonne to reflect these expectations. Staff Writer | November 17, 2024 | 9:43 am
Gold loses some luster after Trump’s decisive win Gold’s slide is a marked turnaround for a commodity that had surged by more than 30% in the year leading up to the US vote. Bloomberg News | November 17, 2024 | 9:07 am
Trump chooses oil fracking boss as energy secretary Chris Wright, the chief executive officer of Liberty Energy Inc., has no previous Washington experience. Bloomberg News | November 16, 2024 | 4:55 pm
Hedge funds slash bullish wagers on gold over Trump election win Hedge funds and other large speculators boosted net-long positions by 11% to 197,362 as of Nov. 12, the lowest in 14 weeks. Bloomberg News | November 15, 2024 | 2:29 pm
US House of Representatives approves 2024 Critical Mineral Consistency Act The bill modifies the Energy Act of 2020 to expand the definition of critical minerals. Staff Writer | November 15, 2024 | 2:21 pm
Russia takes aim at US nuclear power by throttling uranium Limits creates potential supply risks to utilities operating American reactors that generate almost a fifth of the country’s electricity. Bloomberg News | November 15, 2024 | 12:25 pm
Ecuador court gives green light for Silvercorp, Salazar’s El Domo project The ruling removes the last major obstacle for the $250 million project, located 150 km northeast of Guayaquil. Henry Lazenby - The Northern Miner | November 15, 2024 | 11:43 am
