Nippon Steel committed to US Steel takeover, aims to close in DecemberThe transaction has faced stiff resistance from politicians and the United Steelworkers (USW).Reuters | December 4, 2024 | 11:22 am
The 45X tax credit makes a difference for US critical mineralsRegulations lawmakers and policymakers implement today will play an outsized…Farrell Gregory | December 4, 2024 | 10:38 am
Gold price inches up on political turmoil, US jobs dataGold moved little on Tuesday after South Korean President Yoon…Staff Writer | December 4, 2024 | 9:21 am
Trump chooses oil fracking boss as energy secretary Chris Wright, the chief executive officer of Liberty Energy Inc., has no previous Washington experience. Bloomberg News | November 16, 2024 | 4:55 pm
Hedge funds slash bullish wagers on gold over Trump election win Hedge funds and other large speculators boosted net-long positions by 11% to 197,362 as of Nov. 12, the lowest in 14 weeks. Bloomberg News | November 15, 2024 | 2:29 pm
US House of Representatives approves 2024 Critical Mineral Consistency Act The bill modifies the Energy Act of 2020 to expand the definition of critical minerals. Staff Writer | November 15, 2024 | 2:21 pm
Russia takes aim at US nuclear power by throttling uranium Limits creates potential supply risks to utilities operating American reactors that generate almost a fifth of the country’s electricity. Bloomberg News | November 15, 2024 | 12:25 pm
Gold price faces worst week since 2021 as Fed signals no rate-cut rush The precious metal has fallen about 8% from a record high on Oct. 31, with losses accelerating after Trump’s election victory last week. Bloomberg News | November 15, 2024 | 9:46 am
Peninsula Energy shares plunge on lower uranium production forecast Peninsula also announced that CEO Wayne Heili will step down next year. Staff Writer | November 15, 2024 | 8:40 am
Trump’s transition team aims to kill Biden EV tax credit Transition team is planning to kill the $7,500 consumer tax credit for EVs as part of broader tax-reform legislation. Reuters | November 15, 2024 | 8:10 am
Military Metals acquires past-producing antimony project in Nevada The Last Chance property is situated in Nye county, Nevada, 11 miles west of the Round Mountain gold mine operated by Kinross. Staff Writer | November 14, 2024 | 8:30 am
Deep sea mining risks over $560 billion in countries’ annual export earnings — report Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker. MINING.COM Editor | November 14, 2024 | 1:00 am