Takeover target Korea Zinc warns of ‘very bad’ outlook for 2025The takeover threat “has put the management and employees of Korea Zinc on the line to overcome the crisis,” the company said.Bloomberg News | January 6, 2025 | 8:38 am
US Steel, Nippon sue Biden administration over decision to block mergerBiden blocked proposed deal on national security grounds.Reuters | January 6, 2025 | 7:01 am
What’s next after Biden blocked the $15bn Nippon Steel/US Steel deal?Some analysts warned that blocking the deal could sour relations…Reuters | January 4, 2025 | 3:32 pm
India’s record gold import said to be due to calculation error Officials double-counted gold shipments in warehouses following a change in methodology in July, Bloomberg sources say. Bloomberg News | December 18, 2024 | 9:53 am
Abaxx to launch nickel sulphate contract on January 10 The nickel sulphate contract will be priced in dollars and physically deliverable in Singapore. Reuters | December 18, 2024 | 7:54 am
Uranium spot prices to climb in ‘staircase’ pattern, Sprott forecasts Uranium has been buoyed by growing global support for nuclear energy, with more countries pledging to triple nuclear capacity by 2050. Blair McBride - The Northern Miner | December 17, 2024 | 11:05 am
US foreign investment panel split on Nippon-US Steel deal CFIUS has until Dec. 22 to make a decision on whether to approve, block or extend the timeline for the deal's review. Reuters | December 15, 2024 | 10:30 am
Column: Bleak times for copper smelters as conversion fees slump The benchmark smelter treatment charges for next year have been set by Chilean copper miner Antofagasta and China's Jiangxi Copper. Reuters | December 13, 2024 | 11:58 am
Trafigura profit drops 62% after ‘massive problem’ in Mongolia The Mongolia losses mean Jeremy Weir’s tenure as chief executive officer at one of the world’s largest commodity traders is ending on a sour note. Bloomberg News | December 13, 2024 | 7:51 am
China leads world in energy transition, Wood Mackenzie says The world’s second-largest economy leads the energy transition and is on track to source half of its power from low-carbon energy. Trish Saywell | December 13, 2024 | 7:41 am
Iron ore posts weekly gain as investors assess fresh Beijing stimulus Beijing pledged on Thursday to increase its budget deficit, issue more debt and loosen monetary policy. Reuters | December 13, 2024 | 7:23 am
Mining sector cyberattacks linked to third-party supplier access in 76% of cases – report Growing challenges cybersecurity leaders faced in 2024 were in safeguarding cyber-physical systems. Staff Writer | December 12, 2024 | 4:45 pm