Iron ore price buckles below $100 as China’s Plenum fails to inspire The steelmaking material slid as much as 3.5% to touch $99.85 in Singapore, with futures on track for a third day of losses. Bloomberg News | July 23, 2024 | 7:59 am
Civil society groups file complaint against The Metals Company Deep-sea miner is said to have misled investors, government officials, and the public through material misrepresentations and omissions. Staff Writer | July 23, 2024 | 7:43 am
India slashes import tax on gold, silver to tackle smuggling Local gold prices hit their lowest level in more than three months after the announcement. Reuters | July 23, 2024 | 7:21 am
Nippon Steel to dissolve JV with China’s Baoshan after 20 years The joint venture was producing and selling cold-rolled steel sheets and hot-dip galvanized steel sheets for automotive use in China. Reuters | July 23, 2024 | 7:06 am
Freeport-McMoran beats second-quarter profit estimates The company benefited from higher copper prices. Reuters | July 23, 2024 | 7:01 am
Codelco obtains $532 million in climate financing The funds will be used to finance its decarbonization plan, under which it aims to decarbonize 100% of its energy matrix by 2030. Reuters | July 23, 2024 | 6:57 am
Cornish Metals sells Canadian royalties to Elemental Altus The move follows the sale of the Nickel King property, highlighting the company's focus on advancing the South Crofty tin project in the UK. Staff Writer | July 23, 2024 | 5:47 am
Vale Base Metals appoints mining veteran Shaun Usmar as CEO Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals. Cecilia Jamasmie | July 23, 2024 | 3:49 am
US Senators release energy permitting reform bill Energy Permitting Reform Act of 2024 could speed up approvals of clean-energy, pipeline and electricity transmission projects. Staff Writer | July 22, 2024 | 4:57 pm
