Trump orders US to ditch 1-cent coin after decades of complaints
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.
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Pacific Nickel still in talks with Glencore over Kolosori funding
Base metals company Pacific Nickel Mines on Tuesday requested a further extension of a voluntary suspension of its securities ...
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Getting rid of the penny introduces a new problem: nickels
Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...
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Nornickel reports 37% drop in 2024 net profit
Russia's Nornickel, a major world producer of refined nickel and palladium, said its 2024 net profit fell 37% to $1.8-billion ...
Farewell to the penny? President Trump calls for Treasury Department to halt minting of the coin
President Donald Trump announced Sunday that he is telling the Treasury Department to stop minting pennies. What would ...
China’s Nickel Overcapacity Spurs Another Surge in Metal Exports
Chinese refined nickel exports could almost treble this year, as domestic overcapacity produces yet another glut of metal ...
5 things to know about Jadon Canady, Oregon's newest safety transfer
Breaking down the most important things to know about Oregon Ducks new safety transfer Jadon Canady, the newest member of the ...
How Trump might get rid of the penny — and what could come next for your pocket change
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
It costs nearly four cents to make one penny. The nickel costs even more
President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right — in fact, each US penny ...