USA Top Stories

US foreign investment panel split on Nippon-US Steel deal

CFIUS has until Dec. 22 to make a decision on whether to approve, block or extend the timeline for the deal's review.

Reuters | December 15, 2024 | 10:30 am

Copper price: What’s in store for 2025

The bellwether metal had a rollercoaster 2024, will next year…

Frik Els | December 13, 2024 | 5:48 pm

Charted: Copper vs. Oil Demand (1970-2040)

In 2021, Goldman Sachs declared copper “the new oil.”

Visual Capitalist | December 13, 2024 | 2:23 pm

Column: Bleak times for copper smelters as conversion fees slump

The benchmark smelter treatment charges for next year have been…

Reuters | December 13, 2024 | 11:58 am

Biden moves to block mining in New Mexico

The Biden administration on Thursday moved to temporarily protect thousands…

Staff Writer | December 13, 2024 | 9:48 am

Biden plans to finally kill Nippon Steel bid for US Steel

Nippon Steel and US Steel are poised to pursue litigation over the process if Biden decides to block the merger, Bloomberg sources say.

Bloomberg News | December 10, 2024 | 1:08 pm

Newmont cuts two dozen middle manager jobs in corporate overhaul

The cuts are in addition to the previously reported reduction of at least 10 senior managers and an executive.

Bloomberg News | December 10, 2024 | 1:01 pm

US DOE to invest $17 million in critical minerals technology projects

The projects, which span 11 states, are designed to strengthen and streamline the manufacturing of high-impact components and technologies.

Staff Writer | December 10, 2024 | 9:53 am

Gold price could extend record run into 2025, Heraeus says

Heraeus expects gold prices to range from $2,450 to $2,950 per ounce in 2025.

Reuters | December 10, 2024 | 7:11 am

Nippon Steel makes final push to win over US workers

Nippon clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts.

Bloomberg News | December 9, 2024 | 5:30 pm

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

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