Freeport probed by SEC over quake risk at Indonesia copper plantOfficials are investigating if the miner failed to disclose the threats that an earthquake could pose to its new copper smelter complex.Bloomberg News | October 31, 2024 | 7:08 am
UBS expects copper price to average $10,500 in 2025Demand from the new energy vehicles, solar, wind and China's…Reuters | October 31, 2024 | 4:13 am
Caterpillar slides as machinery maker curbs full-year outlookThe cautious forecast by one of the world’s biggest heavy…Bloomberg News | October 30, 2024 | 10:48 am
South32’s Arizona manganese plant tapped for $166m US government grant The DOE funding would provide 30% of the cost of its proposed manganese production facility, said the Australian miner. Staff Writer | September 20, 2024 | 8:24 am
Nippon Steel to sell $211 million in assets to manage debt amid US Steel deal Nippon Steel plans to sell at least 30 billion yen in assets including real estate and inventories. Reuters | September 20, 2024 | 7:33 am
US to award $3 billion to 25 projects for battery manufacturing sector Move will increase domestic production of advanced batteries and battery materials to shift their production away from China. Reuters | September 20, 2024 | 5:07 am
A copper M&A frenzy masks big miners’ hesitation to build Copper’s bull narrative is well understood, but building from zero is both worryingly risky and unappealingly pricey. Bloomberg News | September 19, 2024 | 4:12 pm
Gold Reserve drops out of US bidding for shares in Citgo parent Houston-based Citgo is the crown jewel of Venezuela's companies overseas. Reuters | September 19, 2024 | 10:34 am
Copper price hits two-month high after Fed rate cut Earlier this week, BofA projected copper to rise above $10,000 by 2025. Staff Writer | September 19, 2024 | 9:39 am
Gold miners say they’re now disciplined as dealmaking heats up Deal appetite has picked up as gold soared to successive records on the outlook for lower US interest rates, central-bank buying and haven demand. Bloomberg News | September 18, 2024 | 4:31 pm
White House says review of Nippon Steel’s proposed purchase of US Steel ongoing A source told Reuters this week that the US national security panel reviewing Nippon Steel's $14.9 billion bid. Reuters | September 18, 2024 | 1:26 pm
Gold price sets new record on Fed’s first rate cut since 2020 Fed's announcement on Wednesday caps a period of flux in the gold market. Staff Writer | September 18, 2024 | 12:06 pm