The Latest Breaking News from Mining

The market rally reversed sharply lower on Fed chief Jerome Powell comments. Tesla slashed big gains. Here's what to do.

The gold market looks bullish given the current geopolitical backdrop and inflationary environment that is reducing money’s purchasing power. So, we think prominent gold mining companies Centerra (CGAU) and Osisko Gold Royalties (OR) might benefit from this backdrop. But which stock is a better buy now? Read on to learn…

Freeport-McMoRan Inc (NYSE:FCX) reported first-quarter revenue growth of 36.1% year-over-year to $6.6 billion, beating the consensus of $6.41 billion. Adjusted EPS improved to $1.07 from $0.51 in 1Q21, beating the consensus of $0.94. Average realized prices were $4.66 per pound for copper, $1,920 per ounce for gold, and $19.30 per pound for…

Chile's constitutional convention rejected on Thursday night a set of proposals focused on expanding environmental protections, especially around the major mining sector, a blow to reformers which will push the articles back to committees to be reworked.

Mp Materials Corp (NYSE:MP) has signed a definitive supply agreement with General Motor Co (NYSE:GM) to produce alloy and magnets for the automotive giant's EV programs. The financial terms were not disclosed. Under the long-term agreement, MP Materials will supply U.S.-sourced and manufactured rare earth materials, alloy, and finished magnets for the electric motors. MP Materials' Texas…

The U.S. Treasury Department sanctioned crypto mining firm BitRiver, targeting one of the industry’s top data-center service providers over its operations in Russia, Bloomberg reported. The Swiss-based company BitRiver provides Bitcoin miners worldwide with energy sources, mining facilities, and large-scale management solutions, including those in Eastern Europe and Russia.  Treasury announced…

Women are leading a movement to resist government efforts to set up a coal mine in Birbhum district of West Bengal.

Energy economists are warning coalmining regions to make urgent changes to diversify as China both reduces consumption and opens massive mines of its own.

International law was rocked by the introduction of the Artemis Accords, an agreement that allows mining on the Moon in support of scientific missions.