Cleveland-Cliffs clashes with US Steel as sale process gets underway US Steel has not opened its books to Cliffs even as it accepts initial bids this week, because Cliffs will not agree to its conditions, sources say. Reuters | September 20, 2023 | 4:31 pm
Barrick says big miners show interest in Pakistan copper project The $7 billion Reko Diq project in Balochistan boasts one of the world’s largest copper deposits. Bloomberg News | September 20, 2023 | 1:54 pm
Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals. Colin McClelland | September 20, 2023 | 1:46 pm
Police in Brazil crack down on $1.2 billion illegal gold operations According to investigations, the ore extracted from the territory and Venezuela was sold abroad. Bruno Venditti | September 20, 2023 | 12:40 pm
Sierra Metals puts Cusi silver mine up for sale as it pivots to copper Last year, the Cusi mine produced roughly 1.5 million silver-equivalent ounces. Staff Writer | September 20, 2023 | 12:01 pm
Cameco shares surge on uranium prices as governments warm to nuclear power With its one-time pariah commodity back in vogue, one of Canada’s biggest mining companies is reaching valuations not seen in more than 15 years. Niall McGee and Matthew McClearn -- The Globe and Mail | September 20, 2023 | 11:48 am
Congo sees expanded UAE mining investment, seeks Inga partners The plans signal an openness to new investors beyond the Chinese and European companies. Bloomberg News | September 20, 2023 | 10:39 am
Russia becomes UAE’s top gold source after being shut out of west The UAE has long been a key hub for precious metals, particularly from Africa and India. Bloomberg News | September 20, 2023 | 10:01 am
Gold price at highest in over two weeks ahead of Powell remarks The US central bank is widely expected to keep rates on hold for now. Staff Writer | September 20, 2023 | 9:34 am
