US Gold clears final hurdle for mine permit in Wyoming, PFS work underway The company says the optimized PFS could be released as soon as the end of this year. Staff Writer | November 18, 2024 | 7:56 am
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes Analysts say near-term demand for iron ore remain strong, supporting prices. Reuters | November 18, 2024 | 7:13 am
Korea Zinc wins export control ruling amid fight to thwart takeover Korea Zinc has been trying to thwart a takeover by rival zinc maker Young Poong. Reuters | November 18, 2024 | 7:09 am
Australia’s national investment fund makes first bet on mining Australia’s National Reconstruction Fund will invest $26 million to boost mining equipment manufacturing in the state of Queensland. Bloomberg News | November 18, 2024 | 7:06 am
Ionic Rare Earths unveils promising UK recycling plant feasibility Ionic Rare Earths said the study shows strong potential for a profitable and unique UK magnet recycling facility. Cecilia Jamasmie | November 18, 2024 | 6:55 am
Newmont sells Ontario gold mine to Orla for $850 million The addition of the Musselwhite mine to its portfolio more than doubles Orla Mining's gold output to 300,000 ounces per year. Cecilia Jamasmie | November 18, 2024 | 3:47 am
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
