Indonesia’s sprawling nickel industry is creaking under the weight of its own success, as a production surge drags down prices and a shortage of ore forces even the country’s own smelters to curb output.
Thiess has inked a three-year contract extension with QCoal at its Northern Hub operation in Queensland, with an additional three-year extension option.
China’s response to US President Donald Trump’s 10% tariff hike on Chinese imports includes restricting exports of another five esoteric components of the periodic table.
The world’s biggest miners, having cashed in on China’s once-rampant demand for iron ore, are starting to reel from the impact of their main customer’s economic struggles.
Ukraine’s mineral wealth has been thrown into the spotlight as US President Donald Trump looks to seize control of its resources in return for military support. Yet very little is actually known about what’s up for grabs.
Goldman Sachs Group Inc. raised its year-end gold target to $3,100 an ounce on central bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the metal.
The leader of an indigenous community in Peru asked for the government to declare a state of emergency on Monday and accused illegal miners of using children as “human shields” in the Amazon.
Australia’s Cyclone Metals has signed a $138 million agreement with Vale for the joint development of the Iron Bear iron ore project in Canada.
Petra Diamonds on Monday said it has appointed joint CEOs to replace Richard Duffy, who has resigned “by mutual agreement and with immediate effect” amid a wider loss of $69 million for the half-year to December 2024.
Gold recovered from the biggest intraday decline in two months, returning to the key $2,900 level, as fears of an impending trade war continue to support safe-haven demand.