Gold price sets new record as Fed rate cut decision looms
Spot gold climbed as much as 0.5% to an all-time high of $2,589.70/oz.
Latest Stories
Vedanta alumina output unaffected after water breach
Rising alumina prices have already been putting pressure on aluminum makers’ margins.
Lucara recovers sixth diamond larger than 1,000 carats at Karowe mine in Botswana
Last month, the miner unearthed the second-largest diamond ever found.
Ex-Glencore trader plots return but says compliance is a turnoff
Sebastien Le Page, who worked at Glencore for 18 years before retiring in 2015, said that the current state of the copper market had piqued his interest.
Russia’s Uralkali to supply 600,000t of potash to India before year-end
The contract was signed earlier this year, according to a Reuters source.
Antofagasta to invest $3.5 billion in 2025 amid portfolio expansion
The miner is actively looking for copper projects in Peru that can yield at least 50,000 tonnes of the red metal for 10 years or more.
CarbonScape picks site for biographite production demo plant
CarbonScape is developing a low-cost and carbon-negative biographite made from wood biomass.
Ivanhoe Electric says Santa Cruz PFS on track for Q2 2025
The PFS will include a mine plan that will be supported by a new mineral resource and reserve estimate.
Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut
The bank cited market oversupply even though demand from top consumers in China is stabilizing.
