Funds sell copper as weak demand trumps supply pressures
Funds are adopting an increasingly bearish stance in the copper market, preferring to focus on a globally weak demand picture rather than signs of supply-chain stress.
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Visit: 83
US and Japan reach agreement to remove Trump-era steel tariffs
Mining News Pro - The U.S. and Japan reached a truce that will allow most steel shipments from the Asian nation to enter tariff-free for the first time since 2018 and sees the countries working together to combat Chinese trade practices that harm the industry.
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Visit: 440
Lithium Americas trumps CATL with $400 million offer to buy Millennial Lithium
Mining News Pro - Lithium Americas announced Monday it has submitted an unconditional offer to acquire all outstanding shares of Millennial Lithium at C$4.70 each, payable in cash and LAC common shares, for total consideration of approximately $400 million.
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Visit: 324
US, EU end Trump-era tariff war over steel, aluminum
Mining News Pro - The United States and European Union have agreed to end a festering dispute over U.S. steel and aluminum tariffs imposed by former President Donald Trump in 2018, removing an irritant in transatlantic relations and averting a spike in EU retaliatory tariffs, U.S. officials said on Saturday.
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Visit: 754
US coal use is rebounding under Biden like it never did with Trump
Mining News Pro - Donald Trump vowed to revive the coal industry, but it’s President Joe Biden who’s seeing a big comeback of the dirtiest fossil fuel.
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Visit: 457
Gold miner dividends trump copper counterparts — until 2022
Mining News Pro - Gold bugs will be rewarded with richer dividend prospects than copper-company investors this year, though such perks may be short lived.
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Visit: 607
Trump hurries to loosen mining regulations, approve projects
Mining News Pro - Outgoing US President Donald Trump’s administration is moving to loosen mining regulations and green light new mineral projects before leaving office this month, with successor Joe Biden unable to reverse some of the changes.
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Visit: 1000
Trump to approve land swap for Rio Tinto’s Resolution copper project
Mining News Pro - U.S. President Donald Trump’s outgoing administration plans to approve a controversial land swap needed for Rio Tinto Ltd and partners to build an Arizona copper mining project that Native American tribes say will destroy sites of cultural and religious value.
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Visit: 500
Trump taps loan program he tried to kill to help mining
Mining News Pro - The Trump administration is tapping an Energy Department clean-energy loan program it tried to kill to help uranium producers as well as miners of other minerals deemed critical by the administration.
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Visit: 578
US coal miners call on Trump to move on
Mining News Pro - Support from coal miners helped Donald Trump win the US presidency four years ago. Now, the leader of the nation’s top mining union is calling on Trump to “move on”, adding that ongoing efforts to challenge vote counts and pressure state elections officials are a “threat to our entire form of government and the American way of life.”
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Visit: 649
Trump lifts tariffs on Canadian aluminum, warns he may resume them
Mining News Pro - U.S. President Donald Trump issued a proclamation on Tuesday formally removing tariffs on raw aluminum imports from Canada but threatening to reinstate them if there was a surge in imports of the metal across the northern U.S. border.
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Visit: 631
Trump seizes on Biden oil comment to warn swing State voters
Mining News Pro - President Donald Trump seized on Joe Biden’s pledge Thursday to eventually replace fossil fuels with renewable energy, turning the Democratic nominee’s remarks into a warning for swing state voters that oil and gas jobs could be at risk.
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Visit: 565
Orca Gold upbeat about Sudan project as Trump signals terror list removal
Mining News Pro - Removing Sudan from the State sponsors of terror (SST) list will open “exciting opportunities” for investment in the African country, Canadian gold explorer and developer Orca Gold said this week, citing its Block 14 gold project as one of those opportunities.
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Visit: 666
Trump didn’t save coal or steel
Mining News Pro - Remember when President Donald Trump promised to revive the coal industry? When he vowed to “put our miners back to work” during his 2016 campaign trips to coal country? When he said he would end “the war on coal?” A half-dozen times after becoming president, Trump signed bills and executive orders that were supposed to save the industry, always with coal miners standing behind him, applauding his promise to bring coal back.
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Visit: 616
Northern Dynasty issues Pebble report in light of Trump mining order
Mining News Pro - Northern Dynasty Minerals on Friday issued a technical report on its contentious Pebble project in Alaska, including a revised mineral resource estimate to confirm the mine’s potential for the production of rhenium.
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Visit: 913
Gold erases loss as investors weigh impact of Trump’s Covid-19
Mining News Pro - Gold erased a decline after President Donald Trump announced early Friday that he and First Lady Melania Trump had tested positive for Covid-19, roiling global assets and lifting the dollar.
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Visit: 685
Energy Fuels sees Trump order as sign of `tangible support` for uranium miners
Mining News Pro - US uranium and vanadium producer Energy Fuels has applauded President Donald Trump’s executive order declaring an emergency in the mining industry, describing it as a “major step towards providing tangible support" for producers and processors of critical minerals.
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Visit: 615
Northern Dynasty stock craters on Trump block report, environment demand
Mining News Pro - The US Army Corps of Engineers has ordered Northern Dynasty Minerals to craft a plan that would mitigate environmental impacts of the controversial proposed Pebble copper-gold-molybdenum mine in Alaska.
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Visit: 588
Trump Administration to block Pebble mine in Alaska
Mining News Pro - The Trump administration is planning to block the controversial Pebble Mine in southwestern Alaska that’s recently drawn opposition from certain powerful Republicans, according to a person familiar with the matter.
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Visit: 675
Donald Trump Jr. calls for blocking giant Pebble mine
Mining News Pro - Opponents of Northern Dynasty Minerals’ (TSX: NDM) proposed Pebble copper-gold-molybdenum mine in Alaska found a new ally on Tuesday, as US President’s son Donald Jr. took to Twitter to oppose the project supported by his father’s administration.
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Visit: 733
Gold price rallies on Trump’s China remarks
Mining News Pro - Gold price rallied on Friday to its highest in a week as US President Donald Trump’s made his official response to the new national security law imposed on Hong Kong approved by Beijing a day earlier.
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Visit: 842
Trump administration unveils plan to rescue US uranium mining
Mining News Pro - The Trump administration released a report on Thursday outlining its plan to revitalize the US nuclear energy industry and support domestic uranium mining amid concerns that the nation has lost its spotlight on the global nuclear technology stage.
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Visit: 705
Russia slams Trump’s order to spur mining the moon
Mining News Pro - Russia’s space agency Roscosmos has condemned US President Donald Trump’s order signed this week, which encourages citizens to mine the moon and other celestial bodies with commercial purpose
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Visit: 673
Trump: No promises regarding steel and aluminum tariffs on Brazil
Mining News Pro - President Donald Trump praised the United States’ relationship with Brazil under Brazilian President Jair Bolsonaro on Saturday but declined to say whether he would impose steel and aluminum tariffs on the South American country.
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Visit: 844
Coal states urge Trump Administration to tackle plant closures
Mining News Pro - Six coal states are pressing the Trump administration to wrap up an almost two-year inquiry into whether coal and nuclear plant retirements are threatening the electric grid.
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Visit: 681