Xanadu delivers substantial resource upgrade for Kharmagtai ahead of PFS
Kharmagtai now boasts 790 million tonnes of indicated material containing 2.1 million tonnes of copper and 5.6 million ounces of gold.
Latest Stories
This is why commodities will be the defining sector over the next decade
Unpacking the poorly understood world of commodity inventories.
Teck, Oldendorff to outfit bulk carrier with rotor sails to cut emissions
The Flettner Rotors generate lift from the wind, which is translated into additional thrust, reducing fuel consumption on voyages.
Panama government orders First Quantum to end copper operations
Cobre Panama has requested government authorization to lay off more than 4,000 of its employees.
Gold-record momentum
Traders love chasing upside momentum, and the financial media’s enthusiastic coverage of new records returns gold to their radars.
ArcelorMittal sells Kazakh assets for $286 million
The Kazakhstan government's involvement in the deal ensured a lower price for the assets.
S. Africa mine sit-in by protesting workers enters third day
The sit-in at Wesizwe Platinum’s Bakubung operation northeast of Johannesburg involves about 280 employees.
Gold price falls to near $2,000 level on strong US jobs data
The latest US labour report showing an accelerated job growth for the month of November and a 3.7% decline in unemployment rate.
Anglo American shares plunge after production cuts
Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.
