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Industry Update
Once-Dominant Copper Miner Faces Critical Test as AI-Driven Demand Surges
New Delhi: A once-leading global copper mining company is facing mounting operational and financial…
De Beers Cuts Diamond Prices, Drops 25 Elite Buyers Amid Prolonged Market Slump
London: Global diamond giant De Beers has reduced the prices of its rough diamonds and removed 25 elite buyers from…
Lynas Partners with South Korean Magnet Maker to Supply Malaysia Factory
Kuala Lumpur: Lynas Rare Earths has signed a supply agreement with a South Korean magnet manufacturer to support…
Vale Chairman Daniel Stieler Ousted After Pressure from Pension Fund
Rio de Janeiro: Vale Chairman Daniel Stieler has been removed from his position following pressure from one of the…
B2Gold’s New CEO Faces First Major Leadership Test with Goose Project
Toronto: B2Gold's newly appointed Chief Executive Officer is facing his first significant leadership challenge as…
Gold Overtakes Stocks as China’s Largest ETF Category Amid Safe-Haven Rush
Beijing: Gold has overtaken equities to become the largest exchange-traded fund (ETF) category in China, reflecting…
Adani Group Challenges Hindalco-Vedanta Dominance with ₹1.1 Lakh Crore Aluminium…
New Delhi: The Adani Group is set to make a major entry into India's aluminium sector with an investment plan…
Canada Commits $352 Million to Expand Red Chris Mine in British Columbia
Ottawa: The Canadian government has announced a C$500 million (approximately US$352 million) investment to support…
Adani Group Secures Nearly $15 Billion in Fresh Capital as US Legal Uncertainty…
Ahmedabad: The Adani Group has secured nearly $15 billion in fresh capital commitments over the past week,…
BHP Plans $1.5 Billion Investment to Restart Cerro Colorado Copper Mine
Global mining company BHP is planning to invest approximately $1.5 billion to restart operations at the Cerro…