Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and the Democratic Republic of Congo (DRC) marked a major milestone with the reopening of the Kipushi mine after a 31 year operational hiatus. An 800,000 metric ton (MT) per year concentrator facility was completed at Kipushi in May, with first concentrate produced in June. The mine’s projected output for the year…
Wellington, New Zealand (AP) — A magnitude 7.3 earthquake struck Tuesday just off the coast of Vanuatu in the South Pacific Ocean, the (United States Geological Survey) USGS said. The quake occurred at a depth of 57 kilometers (35 miles) and was centered near Port Vila, the largest city in the island nation. It was…
Stock futures climbed on Wednesday, driven by strong performances from Salesforce and Marvell Technology, following upbeat quarterly earnings. Futures tied to the Dow Jones Industrial Average rose by 215 points (0.5%), while S&P 500 futures gained 0.3%, and Nasdaq-100 futures advanced by 0.7%. Salesforce surged 12% after reporting fiscal third-quarter revenue that exceeded expectations, showcasing…
Pakistan on Thursday denounced new US sanctions on the country’s ballistic missile program as “discriminatory” that put the region’s peace and security at risk. Pakistan’s foreign ministry warned in a statement that the sanctions “have dangerous implications for strategic stability of our region and beyond.” It also cast doubt on US allegations that targeted businesses…
For thousands of years, coal has been an important source of heat and energy. The fossil fuel played a crucial role in the Industrial Revolution, and today it’s the largest source of energy for electricity generation in the world — in total, coal generates over one-third of the world’s electricity. But is coal’s role in…
One of the most powerful ethnic minority armed groups battling Myanmar’s army has claimed the capture of the last army outpost in the strategic western town of Maungdaw, gaining full control of the 271-kilometer (168-mile) -long border with Bangladesh. The capture by the Arakan Army makes the group’s control of the northern part of Rakhine…
Silver saw strong gains in 2024, breaching the US$32 mark in the first half of the year and then the US$34 mark in October. Silver’s dual function as a monetary and industrial metal offers great upside. Demand from energy transition sectors, especially for its use in the production of solar panels, has created tight supply-and-demand…
A Chinese court has issued a suspended death sentence to a man who rammed his car into crowds outside a primary school in southern China last month, injuring more than two dozen people in one of several violent attacks that has recently rattled the country and prompted officials to ramp up security measures. The driver,…
In every crisis lies opportunity, and in every opportunity lurks crisis. The startling advance of Syria’s opposition in a week is the unintended consequence of two other conflicts, one near and one far. It leaves several key US allies with a new and largely unknown Islamist-led force, governing swathes of their strategic neighbor – if…
The goal of Syria’s rebel coalition, as it wrests another major city from government control this week, is ultimately to overthrow authoritarian President Bashar al-Assad, according to Abu Mohammad al-Jolani, the militant leader of the main group driving the country’s armed opposition. “When we talk about objectives, the goal of the revolution remains the overthrow…
