SAO PAULO, Feb 13 (Reuters) – Brazilian mining giant Vale  is in advanced talks to sell a majority stake in a renewable energy unit and a solar plant to U.S.-based investment firm Global Infrastructure Partners (GIP), two people familiar with the matter said. The deal for 70% of both Vale’s Alianca Energia and the solar plant […]

Feb 14 (Reuters) – Gold prices gained on Friday and were poised for a seventh consecutive weekly gain, as U.S. President Donald Trump’s plans to impose reciprocal tariffs on every country taxing U.S. imports fuelled concerns of a global trade war. Spot gold was up 0.1% at $2,932.81 per ounce, as of 0706 GMT, moving […]

Feb 13 (Reuters) – Gold gained on Thursday as markets tracked U.S. President Donald Trump’s tariff plans, which could further escalate a global trade war, ahead of another set of inflation reading from the U.S. after its consumer prices jumped in January. Spot gold added 0.5% to $2,918.00 per ounce as of 0750 GMT, moving […]

NEW DELHI, Feb 11 (Reuters) – The United States is expected to boost coal exports to India after China imposed tariffs on energy imports from the U.S., five industry officials said, potentially eroding Australia and Russia’s market shares in the Indian market. China’s Finance Ministry last week said it would impose levies of 15% on imports of […]

Feb 7 (Reuters) – Gold prices rose on Friday, hovering near record-high levels and set for a sixth successive weekly gain, as trade war concerns fuelled safe-haven buying ahead of the key U.S. payrolls report. Spot gold was up 0.3% at $2,864.11 per ounce, as of 0721 GMT, and has gained more than 2% this […]

Rio Tinto said on Tuesday it had begun clearing iron ore ships from two Western Australian ports as two tropical cyclones offshore swell seas and complicate its efforts to repair infrastructure damaged by a previous cyclone last month. “Safety is our priority. As is procedure, we began sending ships from Cape Lambert Port at the weekend […]

ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks to increase its production capacity to meet demand from the U.S. automotive sector. The world’s second largest steelmaker said the plant would be able to deliver up to 150 kilotons of premium non-grain-oriented electrical steel (NOES) annually, […]

Gold prices remained steady near record highs on Tuesday, fuelled by safe-haven demand after China announced retaliatory tariffs on U.S. goods, while traders also kept an eye on crucial jobs data set to be released this week. Spot gold held its ground at $2,811.59 per ounce, as of 0813 GMT, after hitting a record high of $2,830.49 […]

This article was written by Ali Soofastaei The global mining industry faces increasing pressure to operate more sustainably and reduce its environmental footprint. The demand for minerals and metals critical to the world’s economy continues to grow, yet the environmental and social impacts of traditional mining practices can no longer be ignored. As the sector […]

Gold prices hit a record high on Friday, set for their best month since March 2024, as investors flocked to the safe-haven metal due to heightened U.S. tariff concerns, while awaiting a key inflation report for further direction. Spot gold was up 0.2% at $2,798.96 per ounce, by 0749 GMT, gaining more than 6% this […]