Category: Latest Mining News

US President Donald Trump’s promised 50% copper tariffs are set to include all refined metal, indicating the president’s far-reaching efforts to bolster American production of one of the world’s most ubiquitous materials.

China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions.

Australian miner South32 (NYSE: SOUHY, ASX: S32) has agreed to sell its Cerro Matoso ferronickel mine in Colombia in a deal worth up to $100 million.

Roadblocks by informal miners are disrupting transport of copper from some mines in Peru, including those owned by MMG Ltd. and Hudbay Minerals Inc., said people briefed on the matter.

Jakarta – Indonesia has offered the United States the chance to jointly invest in a critical minerals project as part of its tariff negotiations with Washington, its senior economic minister said on Monday

Magna Mining (TSXV: NICU) has been awarded C$500,000 by the Ontario government for the company’s brownfield Crean Hill nickel-copper-platinum group metals project. The award is part of the Critical Minerals Innovation Fund launched by the province in 2022.

Analysts at Bank of America see gold prices reaching $4,000 an ounce — an 18% jump above current levels — within the next year due to a ballooning US fiscal debt.

Karelian Diamond Resources (AIM: KDR) says it has identified a “significant new copper target” within the recently awarded KDR4 licence area in Northern Ireland.

The collective scramble to move as much physical copper as possible to the US before the imposition of import tariffs is creating shortages in the rest of the world.

Gold rose after a softer-than-expected inflation reading bolstered bets that the Federal Reserve will cut interest rates later this year.

June 9, 2025 – Toronto, ON — Shares of Generation Mining Ltd. (TSX: GENM) surged today, nearing a two-year high, after receiving a significant endorsement from the Ontario government that could fast-track development of its flagship Marathon Palladium-Copper Project in northwestern Ontario.

The Russian government said on Friday it had agreed to support the struggling coal industry, including by deferring tax payments, as well as by limiting dividends and bonuses to top management.