Qatar invests $180m in US-backed fund to reduce China’s dominance in critical minerals
Qatar’s sovereign wealth fund has so far invested more than $450 million into projects across North and South America, Europe and Africa.
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China’s PBOC keeps gold buying on hold as prices hit record
Bullion held by the People’s Bank of China was unchanged at 72.8 million troy ounces at the end of last month.
Chile copper export revenue rises in July despite lower prices
Chile accounts for more than a quarter of the world’s mined copper.
China’s 2024 coal imports to reach new record high, industry group says
The robust imports are despite lukewarm overall demand for coal.
Australia’s lithium industry seen bearing brunt of supply cuts
Goldman Sachs sees lithium prices falling further in 2025.
Impala Platinum flags $1bn impairments after metal price plunge
The miner will publish its financial results on Aug.29.
Glencore ceases to stockpile cobalt
Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016.
Zambia’s proposed minerals law may hurt copper investment, mines lobby says
Barrick and First Quantum Minerals are among investors that have outlined major expansion plans to boost copper output in Zambia.
Gem Diamonds digs up 145 carat diamond in Lesotho
The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine.
