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AngloGold to close $2.5 billion Centamin buy in November

AngloGold Ashanti’s (JSE: ANG) (NYSE: AU) (ASX: AGG) proposed $2.5 billion takeover of Centamin (LON: CEY) has moved a step closer to be a done deal, following the target company’s shareholders approval. Centamin noted that the necessary majority of its shareholders, equivalent...

Glencore posts lower metals output for first nine months, reiterates outlook

The 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 of wider tariffs, as well as inflationary pressures as a result of such tariffs.”

Staff Writer | October 30, 2024 | 1:12 am

World gold demand tops $100 billion as Western investors pile in

Investment flows from the West, including more high-net-worth individuals, helped offset waning appetite from Asia.

Bloomberg News | October 30, 2024 | 1:10 am

Simandou to mine first cargo by end 2025

With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.

Reuters | October 30, 2024 | 12:37 am

AngloGold to close $2.5 billion Centamin buy in November

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Glencore posts lower metals output for first nine months, reiterates outlook

Gold price scales $2,800 amid US election uncertainty

World gold demand tops $100 billion as Western investors pile in

Simandou to mine first cargo by end 2025