Citi sees gold price falling below $3,000 as rally fades
Citigroup forecasts gold retreating by 2026, diverging from bullish Wall Street peers.
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Rare earth boss sees ‘long, hard process’ to loosen China’s grip
Western rare earth processing years away, says ex-Molycorp CEO.
Chevron joins oil majors in US lithium production push
It has secured about 125,000 net acres in northeast Texas and southwest Arkansas.
Ecuador reopens mining registry after seven-year freeze
The registry had been closed since January 2018 amid concerns about irregularities in the concession system.
Augusta receives EXIM letter for $50M loan to build Nevada gold mine
The Reward project is expected to produce approximately 39,000 oz. over a 7.6-year life.
Newmont sells exploration projects in Australia to Inflection Resources
Company to acquire a 100% interest in a portfolio of copper-gold exploration projects in New South Wales and the Northern Territory.
G-7 works to secure critical minerals in face of China curbs
G-7 leaders aim to agree to a statement at their meeting in Kananaskis, Canada, to establish an “action plan” to diversify supplies.
Vale obtains preliminary license for Bacaba copper project in Brazil
The miner expects to invest about $290M during the project’s implementation phase.
Hudbay resumes operations in Snow Lake after evacuation orders lifted
Hudbay expects to ramp up gold milling at its New Britannia facility this week.