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.

October 29, 2024

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.

October 29, 2024

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.

October 28, 2024

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.

October 28, 2024

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.

October 28, 2024

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.

October 28, 2024

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.

October 28, 2024

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.

October 28, 2024

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.