mining

At the beginning of 2024, Benzinga noted four mining stocks to follow while evaluating tailwinds like green tech demand and persistent inflation. Although gold, as a benchmark, has had one of the best years on record, outperforming even the surging equities market, miners delivered mixed results....

The Democratic Republic of Congo has filed criminal complaints against Apple (NASDAQ:AAPL), accusing the company of using conflict minerals. The complaints are filed against Apple's subsidiaries in France and Belgium, per a Reuters report. What happened? Lawyers representing the Congolese...

Barrick Gold Corp (NYSE:GOLD) has warned it may suspend operations in Mali if the government continues to block gold shipments from its Loulo-Gounkoto mining complex, one of its largest operational gold mines. Over the past months, the situation in Mali has escalated as the ruling military junta...

Mexico's President Claudia Sheinbaum has announced a review of a controversial bill to ban open-pit mining. Congress approved the bill in July after debating balancing environmental protection with economic priorities. "Open-pit mining warrants a thorough review, as activities such as sand...

Australia's main opposition has proposed a $211 billion taxpayer-funded nuclear power plan. If successful, the turn to nuclear power would be a historic event for one of the largest global commodity producers. "Nuclear power will underpin the economic success of our country for the next century....

The global lithium market is set to remain oversupplied, keeping the prices depressed, but this challenging situation for commodity producers could help battery makers ease the transition to electric vehicles(EVs). Lithium prices have plummeted after soaring to $80,000 per ton in 2022, now trading...

Lundin Mining (OTC:LUNMF) has completed the sale of its two European mines to Swedish mining conglomerate Boliden AB (OTC:BLIDF) for up to $1.52 billion, dependent on future commodity prices. The mines in question include Neves-Corvo and Zinkgruvan, operations with notable zinc production, which...

Rio Tinto's (NYSE:RIO) CEO Jakob Stausholm has dismissed activist shareholder calls to abandon the company's primary London listing. Palliser Capital, a global multi-strategy fund that holds around $250 million in Rio Tinto shares, argued that the dual listing has destroyed $50 billion in value and...

On Wednesday, Rio Tinto (NYSE:RIO) has unveiled the initial resource and reserve estimates for its Salar del Rincon lithium brine project in Salta, Argentina. With this project underway, Rio Tinto is strengthening its operations in a quickly growing mining market, where it established a foothold...

Norway has stopped its deep-sea mining plans due to political pressure. Environmentalists focus on Japan's aspirations as the International Seabed Authority (ISA) develops sea mining regulations. What happened? Norwegian government conceded to demands from the Socialist Left Party in exchange for...

Leading Australian gold miner Northern Star Resources (OTC:NSTYY) has announced a $3.3 billion acquisition of De Grey Mining (OTC:DGMLF), taking over De Grey's prized Hemi gold project. "This acquisition reinforces Northern Star's position as the leading ASX-listed gold company and a top-ten global...

As the green transition accelerates, demand for copper has surged, driven by its critical role in renewable energy infrastructure, electric vehicles (EVs), and power grids. Despite companies scrambling to launch new mines, the shortage of copper could reach millions of metric tons by 2035,...

McEwen Copper, a subsidiary of McEwen Mining (NYSE:MUX), seeks $2.5 billion to advance the Los Azules copper project in Argentina. The prospective project wants to become a world-class copper mine with an anticipated annual production of 175,000 metric tons. “We have invested more than $400...

President Joe Biden's administration is making a final push for critical resources in the final weeks of its term. Targeting Greenland's mineral resources riches, Under Secretary for Economic Growth, Energy, and the Environment Joe Fernandez spent much of the last week in Nuuk, meeting Greenland's...

Gold producer Newmont Corporation (NYSE:NEM) sold its Éléonore mine in Quebec Tuesday to London-based Dhilmar for $795 million in cash. The sale follows Newmont's strategy to divest non-core assets following its milestone acquisition of Newcrest Mining in 2023. "When we announced the acquisition of...