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Mining and Metailurgy
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POSCO International to build rare earth supply chain
Metal
23-04-2025
India Imposes Temporary Steel Import Tariff to Protect Domestic Manufacturers
India’s Ministry of Finance has introduced a temporary 12% safeguard duty on specific steel imports to address the surge of low-cost steel entering the market. The measure, effective for 200 days starting Monday, may be revised, extended, or rev
Metal
23-04-2025
JP Morgan See Gold Prices Crossing $4,000/Oz by Q2 2026
JP Morgan forecasts gold prices to surpass $4,000 per ounce by the second quarter of 2026, with an average of $3,675 per ounce expected by the fourth quarter of 2025. This projection, outlined in a note released on Tuesday, reflects increased demand drive
Metal
01-05-2025
Russia Invests $13.4bn in Baimskaya Copper Mine
Russian state bank VEB has committed over Rbs1.1 trillion ($13.4 billion) to develop the Baimskaya copper mine in the Chukotka region, located in Russia’s far east. The project encompasses a mine, a processing plant, and essential infrastructure
Metal
22-04-2025
US Fast-Tracks Permitting for Ten Critical Mineral Mining Projects
The White House has announced the acceleration of permitting for ten mining projects across the United States to boost the production of critical minerals. These projects have been designated as FAST-41 initiatives, a federal program aimed at streamlining
Metal
22-04-2025
Genmin Signs MoU With Sinohydro for Baniaka Iron Ore Project in Gabon
Genmin, an African iron ore producer, has entered into a binding memorandum of understanding (MoU) with Sinohydro to advance its fully owned Baniaka iron ore project in Gabon. The agreement supports the project’s development through engineering,
Metal
22-04-2025
Hyundai Steel Earns Nuclear-Grade ASME Certification
Hyundai Steel, South Korea’s second-largest steelmaker, has earned quality system certificates (QSC) from the American Society of Mechanical Engineers (ASME) for its nuclear material organization. The certification covers reinforced bars (rebars
Metal
21-04-2025
MP Materials Halts Rare Earth Supply to China Amid Retaliatory Tariffs
MP Materials, a U.S.-based rare earth minerals producer, has ceased shipments of rare earth concentrate to China for processing due to new tariffs and trade restrictions impacting its operations.MP Materials is currently stockpiling concentrate while expe
Metal
21-04-2025
Discovery Silver Closes $425M Acquisition of Porcupine Gold Mine Complex
Discovery Silver has completed a transaction valued at up to $425 million to acquire the Porcupine Operations in Canada from Newmont, establishing itself as a gold producer in the prominent mining region near Timmins, Ontario. The deal, announced in Janua
Metal
21-04-2025
Trump to Fast-Track Permitting for 10 Mining Projects Across US
On Friday, the White House announced plans to expedite permitting for 10 mining projects across the United States to enhance the production of critical minerals such as copper, antimony, and lithium. This initiative aligns with President Donald Trump&
Metal
18-04-2025
Alcoa Anticipates $90M Impact From Tariffs on Canadian Aluminium Imports in Q2
Alcoa, a U.S.-based aluminium company, has forecasted a $90 million cost for the current quarter due to U.S. tariffs on Canadian aluminium imports, as announced in its first-quarter 2025 (Q1 2025) financial results. The 25% tariff, implemented by the U.S.
Metal
20-04-2025
Black Cat Commences Gold Production at 1.2mtpa Lakewood Facility
Black Cat Syndicate has marked a significant achievement with the first gold pour at its newly acquired Lakewood processing facility, located 6 km from Kalgoorlie, Western Australia. The 1.2 million tonnes per annum (mtpa) facility was purchased from West
Metal
18-04-2025
Indonesian Nickel Smelter Group Asks for Royalty Hike Delay Until Prices Rise
Wedoany.com Report-Apr. 18, On April 17, 2025, the chairman of Indonesia’s nickel smelters association urged the government to postpone new mineral royalty fees until nickel prices on the London Metal Exchange reach $17,000 per metric ton. The c
Metal
20-04-2025
Evolution Mining Approves $273M Cowal Expansion Project in Australia
Evolution Mining’s board has greenlit a A$430 million (US$273.15 million) investment to expand its Cowal Gold Operations in New South Wales, Australia. The Cowal Open Pit Continuation (OPC) project is set to boost gold production by an estimated
Metal
17-04-2025
Prospect Secures $9.5m From First Quantum for Mumbezhi Copper Project in Zambia
Prospect Resources, an Australian mining company, has entered into a strategic investment agreement with First Quantum Minerals (FQM), a prominent copper miner, to raise approximately A$15.2 million (US$9.5 million) through the issuance of 101.06 million
Metal
17-04-2025
B2Gold Plans to Cut 300 Jobs at Otjikoto Mine in Namibia
Wedoany.com Report-Apr. 17, Canadian gold mining company B2Gold has outlined plans to reduce approximately 300 jobs at its Otjikoto gold mine in Namibia as it scales down operations due to the depletion of open-pit reserves. The mine, operational since Ma
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