Newcrest rebuffs Newmont offer, opens books as profit beats expectationsInsights from analysts and shareholders suggest that Newmont will need to make another improved bid.Reuters | February 15, 2023 | 1:38 pm
Teck, PolyMet launch NewRange Copper Nickel JV to advance Minnesota projectsThey plan to become the second nickel producer in the…Staff Writer | February 15, 2023 | 11:44 am
Gold price continues slide after strong US retail, inflation dataAlso weighing on gold, Fed officials said earlier this week…Staff Writer | February 15, 2023 | 9:05 am
What countries would make if they sold their Olympic medals at current metals prices London-based broker ETX Capital ran the numbers and found that the US would make over $1.14 million. MINING.COM Staff Writer | July 24, 2021 | 10:49 am
EV startup Lucid risks SPAC deal collapse on no-show holders Lucid Motors is on the verge of completing a merger that will give the Saudi-owned EV startup $4.5 billion in fresh capital. Bloomberg News | July 23, 2021 | 8:22 am
Rio Tinto spending $108m to study going underground at Kennecott Potential underground mining would occur concurrently with open-pit operations. MINING.COM Staff Writer | July 23, 2021 | 6:48 am
Newmont to decide on $2 billion Peru project by year-end The project would allow operations at the massive Yanacocha gold mine in northern Peru’s Cajamarca region to continue beyond 2040. Cecilia Jamasmie | July 23, 2021 | 3:51 am
US steelmakers earnings leave investors pondering peak prices Yet investors are clearly focused more on the outlook from Nucor Corp. and Cleveland-Cliffs Inc. Bloomberg News | July 22, 2021 | 7:41 pm
Cleveland-Cliffs’ record Q2 results marred by earnings miss Cleveland-Cliffs reported record operating and financial metrics for the June quarter. MINING.COM Staff Writer | July 22, 2021 | 12:12 pm
Record US coal shipment to China highlights Australia’s pain Met coal prices have rallied this year on strengthening global steel demand. Bloomberg News | July 22, 2021 | 9:51 am
Gold trader’s chat bragged about ‘how easy’ it is to manipulate prices Former Deutsche Bank trader Edward Bases allegedly put out bids to buy gold futures valued around $244 million over the course of four-and-a-half minutes, with more than 98% canceled without being filled. Bloomberg News | July 22, 2021 | 9:41 am
Newmont profit beats estimates on higher bullion boost The Denver, Colorado-based gold producer benefited from slightly higher prices of the precious metal. Reuters | July 22, 2021 | 5:00 am