Biden’s veto of US Steel deal raises multitude of new questionsUS statute makes it clear that American presidents are granted the power to kill a deal they deem a threat to national security.Bloomberg News | January 3, 2025 | 12:59 pm
Gold price declines as traders await key US economic dataGold erased gains as traders geared up for US economic…Bloomberg News | January 3, 2025 | 10:29 am
White House: decision to block Nippon-US Steel deal was about keeping critical business in American handsBiden's decision to block the sale of US Steel was…Reuters | January 3, 2025 | 9:23 am
Newmont cuts management jobs in major corporate restructuring The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said. Bloomberg News | December 9, 2024 | 10:56 am
Namib Minerals set for Nasdaq debut following $500m SPAC deal The proposed business combination, which implies a pro forma combined enterprise value of $609 million, represents the largest African de-SPAC deal to date. Staff Writer | December 9, 2024 | 10:55 am
Gold price hits 2-week high on renewed China purchases, Syria regime collapse The People’s Bank of China – a major buyer of the metal – announced that it has resumed purchases after a six-month hiatus. Staff Writer | December 9, 2024 | 9:18 am
Brazilian Nickel advances project financing with LOI for $550m The funding represents 40% of the Piauí nickel project’s overall financing package. Staff Writer | December 9, 2024 | 8:53 am
Citi chops back copper forecasts as Trump’s trade tariffs loom The metal is expected to average $8,750 a ton in 2025, down from a prior forecast of $10,250. Bloomberg News | December 9, 2024 | 6:54 am
Perpetua Resources, Sunshine Silver to explore antimony processing in Idaho Last week, China banned the export of antimony and other minerals such as germanium and gallium to the US. Reuters | December 9, 2024 | 6:45 am
Rattled by China, West scrambles to rejig critical minerals supply chains China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Reuters | December 6, 2024 | 10:32 am
Dealmaker sues Randgold for up to $18 million over Barrick merger work Ian Hannam, formerly one of JPMorgan's top rainmakers, alleges that Randgold had reneged on their agreement. Reuters | December 6, 2024 | 9:11 am
SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor acquisition The miner announced the acquisition of CC&V in Colorado from Newmont on Friday. Staff Writer | December 6, 2024 | 8:03 am