Cleveland-Cliffs seeks US Steel with Nucor: CNBC
Cleveland-Cliffs (NYSE: CLF) is reportedly collaborating with its rival Nucor (NYSE: NUE) on a potential bid to acquire US Steel (NYSE: X), CNBC reported on Monday. This development follows the Biden…
Politics
Copper smelting fees to remain low amid tight supply
Copper concentrate treatment and refining charges (TC/RCs) paid by mining companies to smelters are expected to stay depressed throughout 2025 amid reduced supply, according to commodity analysis firm Fastmarkets. In…
Mali airlifts gold from Barrick mine: Reuters
The Malian junta is choppering gold stockpiles out of Barrick Gold‘s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto complex, Reuters reports. The airlift began Saturday, the newswire said, citing four sources close…
Canada knocks Trump’s claims of resource independence
Canada’s minister of energy and natural resources, Jonathan Wilkinson, has pushed back against U.S. president-elect Donald Trump’s recent claim that America doesn’t need anything from its northern neighbour as “simply…
Panama seeks public input on re-opening First Quantum copper mine
Panama’s government has kicked off a public consultation on an environmental audit of First Quantum Minerals’ (TSX: FM) Cobre Panama copper mine. The Ministry of Environment (MiAmbiente) this week invited…
‘Sustained strength’ for gold in 2025: BMO
The outlook for gold remains strong this year based on continued central bank buying; the metal’s role as a hedge against inflation and higher-risk investment in artificial intelligence; and demand…
Gemfields faces 21% tax as Zambia restores export duty
Shares in Gemfields (LSE:GEM; JSE: GML) fell on Wednesday after the coloured gemstones miner said it faces a high tax bill in Zambia following the government’s decision to re-introduce a…
Barrick gives Mali a week to lift restrictions before shutting Loulo-Gounkoto mine
Barrick Gold (TSX: ABX; NYSE: GOLD) has set a deadline this week for Mali to remove new export limits and resolve a dispute over its Loulo-Gounkoto mining complex or it…
Cameco’s uranium, Ivanhoe’s copper, Agnico’s gold lead BofA’s picks this year
Cameco (TSX: CCO; NYSE: CCJ), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Steel Dynamics (Nasdaq: STLD) are Bank of America’s top choices for…
Nippon Steel to sue Washington after Biden blocks US$14.1B US Steel deal – Nikkei
Nippon Steel says it will sue the United States government, challenging the procedures behind President Joe Biden’s order to block its acquisition of US Steel, Japan’s Nikkei business daily reported….
Oman exports first copper in 30 years
Oman has sent its first shipment of copper concentrates, resuming exports of the red metal from the sultanate after a three-decade hiatus. The Lasail mine in Sohar, 200 km north…
Forecast: What will impact gold prices in 2025?
In order to focus on what will be important in determining gold prices in 2025, we first need to lay out three important points that help frame New York-based CPM…