Costco is selling up to $200 million of gold bars and silver coins every monthGiven its pricing and shipping costs, analysts with Wells Fargo wrote that it's likely a "very low-profit business at best."Staff Writer | April 11, 2024 | 9:20 am
Peabody falls as production issues, weather crimp coal salesPeabody said warm winter weather in the US crimped demand…Bloomberg News | April 11, 2024 | 6:47 am
Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuringThe planned restructuring of its loss-making South African gold operations…Cecilia Jamasmie | April 11, 2024 | 3:45 am
US, EU plan new steel tariffs aimed at China, others The measures would primarily target imports from China that benefit from non-market practices. Reuters | September 7, 2023 | 8:32 am
Indonesia proposes critical minerals trade deal with US The request was made when Indonesian President Joko Widodo met with US Vice President Kamala Harris this week. Reuters | September 7, 2023 | 8:02 am
Benefits of EVs under the equity microscope US-based researchers want to know whether EV technology may unfairly harm some areas and populations. Staff Writer | September 7, 2023 | 6:06 am
ICMM releases guidelines to tackle Scope 3 emissions Document provides a standardised framework for mining and metals firms to calculate and disclose their value chain emissions. MINING.COM Editor | September 7, 2023 | 3:51 am
Ivanhoe Electric’s assessment for Santa Cruz project details new source of ‘green’ copper in US The study estimates an after-tax net present value of $1.3 billion with an after-tax internal rate of return of 23%. Staff Writer | September 6, 2023 | 9:52 am
Vale, H2GS mull industrial hubs in Brazil, North America The potential plants would be focused on producing low-carbon products such as green hydrogen and hot briquetted iron. Reuters | September 6, 2023 | 7:36 am
Northern Dynasty updates Pebble PEA, adds southern access route The 2023 PEA provides fresh production, financial and cost estimates, detailing an infrastructure plan for the “southern route” of access to the mine. Cecilia Jamasmie | September 6, 2023 | 3:47 am
Codelco raises $2 billion in bond offering The state-run miner is not only battling to reignite copper production which is at its lowest level in 25 years, but is also facing calls to rein in its debt. Reuters | September 5, 2023 | 10:04 am
Trident invests $10 million in Utah lithium project Trident is acquiring a 2.5% net smelter return royalty from Atherton Resources covering Anson Resources’ flagship Paradox lithium project. Cecilia Jamasmie | September 5, 2023 | 3:54 am