October 30, 2024

Caterpillar slides as machinery maker curbs full-year outlook

The cautious forecast by one of the world’s biggest heavy machinery producers comes amid uncertainty around the November election in the US.

October 30, 2024

Asante Gold announces $525 million financing to support Ghana growth plans

The company's plan is to organically grow its gold production through improvements at Bibiani and Chirano.

October 30, 2024

India’s gold demand to hit four-year low amid price rally, WGC says

Record-high prices are seen denting purchases during the peak festival season in the December quarter.

October 30, 2024

Iron ore price rangebound as EU tariff hike woes counter China’s fiscal stimulus optimism

The EU has decided to increase tariffs on Chinese-built EVs to as much as 45.3%.

October 30, 2024

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.

October 30, 2024

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.

October 30, 2024

Gold demand tops $100 billion as Western investors charge in

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

October 29, 2024

BHP has moved on from Anglo American, company chairman says

The world's biggest miner walked away from a $49 billion bid to acquire Anglo in May after it was rebuffed three times.

October 29, 2024

Alcoa ‘very bullish’ on aluminum for energy transition

Megatrends are driving aluminum demand of 3%, 4%, and 5% every year its CEO said.

October 29, 2024

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.