Copper price rises in US and slips in London after Trump tariff threat The Financial Times reported that Treasury Secretary Scott Bessent is pushing for universal tariffs starting at 2.5% and rising gradually. Bloomberg News | January 28, 2025 | 8:26 am
Hindustan Zinc sees strong 2025 growth on higher volumes, CEO says A number of projects are being done to increase the efficiency and productivity of smelting operations in mines, the company says. Reuters | January 28, 2025 | 8:13 am
Botswana’s leader says diamond deal reached with De Beers The new agreement had not resulted in “any major changes, just a little tweaking of things here and there,” Botswana’s president Duma Boko says. Bloomberg News | January 28, 2025 | 7:50 am
US buyers face higher costs if Trump pursues copper, aluminum tariffs In a speech on Monday, Trump said he would impose tariffs on aluminum and copper. Reuters | January 28, 2025 | 6:57 am
Congo rebel gains to boost illicit mineral trade through Rwanda, analysts say M23 insurgent group entered eastern Congo's largest city this week. Reuters | January 28, 2025 | 6:48 am
CarbonScape signs supply deals for biographite production in US and Europe The agreements, inked with some of the largest forestry companies in the world, follow the announcement of plans to build a demonstration facility in Kotka, Finland. Staff Writer | January 27, 2025 | 4:37 pm
Fortescue to buy Red Hawk Mining to tap Western Australia ore The offer price of as much as A$1.20 cash per share implies a fully diluted equity value for Red Hawk of A$254 million ($160 million). Bloomberg News | January 27, 2025 | 3:38 pm
Nucor posts lower fourth-quarter results; sees steel market improving Nucor's CEO said steel demand softened throughout 2024 but noted that market conditions were starting to improve. Reuters | January 27, 2025 | 3:33 pm
Winsome Resources begins permitting for Adina lithium project in Quebec The project is subject to Quebec’s provincial environmental and social impact assessment (ESIA) processes. Staff Writer | January 27, 2025 | 2:47 pm
