Gold miners’ Q1 2024 fundamentals
Sector unit profits continued blasting higher on stable production, lower mining costs, and record prevailing gold prices.
Latest Stories
Gold price hits $2,450 on rate cut optimism, geopolitical risks
The metal's strength has been linked to central bank purchases, robust demand from Asia and elevated geopolitical tensions.
Zimbabwe asks miners to ramp up gold output to support new currency
Zimbabwe has been accumulating gold reserves at the central bank’s vaults to back the ZiG, short for Zimbabwe Gold.
Iron ore price climbs to 3-month high on prospects of improved property demand
China announced "historic" steps on Friday to stabilize its property sector.
Copper price hits record above $11,000 on bets that shortage looms
Several developments in 2024 have emboldened copper bulls and drawn in a rising tide of speculative money.
Copper’s record run at risk as US shipments calm speculator frenzy
At least 100,000 metric tons of copper are en route to the US CME exchange, Reuters sources say.
Clash between mining co-ops in Bolivia leaves one person dead, two injured
The incident took place near the Tipuani River, one of the most important gold mining areas in Bolivia.
ICSID rules in favour of Peru in decade-long dispute with Kaloti Metals
The ICSID ruled in favour of Peru in a decade-long dispute with gold dealer Kaloti Metals over five seized gold shipments.
Deep-sea mining dust clouds travel long distances – research
A portion of the stirred-up bottom material caused by deep-sea mining remains visible in the water at long distances.
