Nippon Steel executive saw positive reaction from US Steel workers and others

Nippon Steel Vice Chairman Takahiro Mori returned to the US in an effort to close the deal amid growing regulatory scrutiny and political opposition.

Reuters | June 8, 2024 | 7:41 pm

Indonesia issues annual nickel ore quota of 240mt for 3 years

The quota issued should be enough, as nickel ore consumption last year was below this, its energy and mineral resources minister said.

Reuters | June 7, 2024 | 8:42 am

B2Gold nets $90 million stake in Versamet after royalty package sale

This new partnership offers B2Gold a chance to see the value in generally unrecognized royalties.

Henry Lazenby | June 6, 2024 | 11:29 am

London gold body reviews purity concerns about Indonesian state miner

Investigators said over the period of 2010-2021, former managers at Antam oversaw production of around 109 tons of gold through an alleged illegal practice.

Reuters | June 6, 2024 | 8:51 am

Most energy and mining projects 20% over budget — study

About $1.5bn invested in energy transition-related projects are at risk through 2030, research from Bain & Company shows.

Staff Writer | June 6, 2024 | 2:00 am

You can now buy gold bars from vending machines in South Korea

The machine at GS Retail Co.’s convenience store sells gold bars from as big as 37.5 grams (1.32 ounces) to as small as less than 1 gram.

Bloomberg News | June 5, 2024 | 3:08 pm

Traders are desperate for copper deals and miners are cashing in

Recent moves by cash-flush energy traders are raising tensions and sparking a scramble for contracts.

Bloomberg News | June 5, 2024 | 7:25 am

De Beers aims to rebrand as top jewellery group

De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American.

Cecilia Jamasmie | June 5, 2024 | 5:26 am

Gold purchases by central banks were strong in April despite high prices, WGC says

Demand from global central banks for gold has been elevated for two years as they diversify their foreign currency reserves.

Reuters | June 4, 2024 | 8:51 am

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Last

Iron ore price soars to over one-week high on upbeat seasonal demand outlook

Nippon Steel, US Steel make last-ditch effort to win US nod

Vedanta Resources raises $900 million via dollar bonds

Kazatomprom warns Ukraine war makes it harder to supply west

Coal India to spend $8 billion on coal-fired plants near mines

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