Glencore posts lower metals output for first nine months, reiterates outlookThe miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons.Reuters | October 30, 2024 | 1:22 am
Gold price scales $2,800 amid US election uncertainty“Under a Trump-win scenario, markets are focused on the implications…Staff Writer | October 30, 2024 | 1:12 am
BHP has moved on from Anglo American, company chairman saysThe world's biggest miner walked away from a $49 billion…Reuters | October 29, 2024 | 5:45 pm
Private equity deals in mining sector tumble by half in 2024 — report Total transaction value as of Sept. 30 was $4.76 billion, down more than 50% compared to the $10.52 billion registered in the full year 2023. Staff Writer | October 29, 2024 | 1:02 pm
India’s festive gold buying spree continues, defying record price Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday. Reuters | October 29, 2024 | 7:54 am
CHART: Copper price is being held hostage by Beijing New report foresees a possible step change at meeting of China’s highest lawmaking body next week, with a decline of $1,000/t a distinct possibility. Frik Els | October 29, 2024 | 4:11 am
Australia risks losing its iron ore dominance, Fortescue CEO says Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply. Reuters | October 28, 2024 | 5:54 pm
US recycles the most gold from e-waste, study shows It is estimated that the US generated 13,767 kg of gold that year worth around £882.8 million from its e-waste in 2022. Staff Writer | October 28, 2024 | 10:29 am
Aura Minerals to acquire Bluestone Resources for $74 million As part of the deal, Aura will obtain a 100% interest in Bluestone’s Cerro Blanco gold project in Guatemala. Staff Writer | October 28, 2024 | 9:37 am
Minera Alamos expands into US with acquisition of Sabre Gold Mines The acquisition, said Minera Alamos, would transform the company into a diversified North American gold producer beyond its existing Mexican operations. Staff Writer | October 28, 2024 | 9:05 am
China gold demand plunges as record prices deter jewelry buyers Gold demand in the world’s biggest consumer plunged by more than a fifth in the third quarter. Bloomberg News | October 28, 2024 | 7:02 am
Nornickel raises 2024 production guidance for all metals The Russian company increased nine-month copper and palladium output year on year while platinum and nickel were unchanged. Reuters | October 28, 2024 | 4:11 am