Coronado Global Resources’ Mammoth underground coal mine is set to begin mining operations, having received approval.
The price of China’s mainstay fuel, powering millions of homes and factories, has hit the lowest level in over a year, as the government’s efforts to boost the economy fail to revive tepid demand.
Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming President Donald Trump carries out his threat to impose broad tariffs.
Exxaro Resources Ltd. has held talks with the owner of one of South Africa’s largest manganese mines about buying the asset, as the coal producer seeks to diversify its business, according to people familiar with the matter.
Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonize heat generation.
Fortuna Mining announced Tuesday updated mineral reserve and resource estimates at its Séguéla mine in Côte d’Ivoire, including the discovery of over 500,000 gold ounces in new inferred resources.
Barrick Gold Corp. is seeking buyers for its Tongon gold mine in the Ivory Coast in an effort to sell the aging operation when bullion prices are surging.
President Joe Biden plans to formally block the $14.1 billion sale of United States Steel Corp. to Nippon Steel Corp. on national security grounds once the deal is referred back to him later this month, people familiar with the matter said.
Nippon Steel Corp. clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts to win over workers and politicians for its bid to buy the Pittsburgh-based steelmaker.
South Africa’s Sibanye-Stillwater has agreed to sell its Beatrix 4 shaft, which includes the Beisa uranium project, to UK-based Neo Energy Metals in a deal valued at about $28 million (R500 million).