Asia Gold: Festivities spark slight demand in India; China on holiday
Indian jewelers unsure about festive demand - dealer.
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Mining People: Freeman Gold, Spanish Mountain, Wesdome
Key moves in the mining sector.
Coeur Mining to buy Silvercrest in $1.7 billion deal
The addition of Silvercrest's Las Chispas mine in Mexico positions Coeur among the world's top silver miners, with an output 21 million ounces a year.
China files appeal to WTO on Canada’s tariffs on EVs, metal products
Canada began imposing on Tuesday a 100% levy on EVs shipped from China, having also announced in late August a 25% tariff on Chinese steel and aluminum products.
Rio Tinto’s Diavik diamond mine moves into commercial production underground
The miner said last year it was going ahead with a $40 million expansion of Diavik, which will extend the operation’s life to at least early 2026.
India, US sign pact to cooperate on critical battery mineral supply chains
Indian trade minister Piyush Goya described the agreement as a memorandum of understanding but did not provide further details on its scope.
Central banks rein back on gold purchases in August — WGC
The WGC notes that only four central banks added gold (of a tonne or more) to their reserves during the month of August.
Video: Liberty Gold expects imminent PFS for Idaho Black Pine gold project to boost ounces
The project holds 3 million oz. contained metal, according to a February resource update, and could hold as much as 5 million oz. gold, COO says.
Chinese delegates jolt LME week with their newfound optimism
For the last couple of years, the biggest consumer and producer has been a buzzkill for metals bulls.
