AI could add 1 million tonnes to copper demand by 2030, Trafigura chief economist says The surge in demand, driven by AI boom, could exacerbate the copper supply-demand imbalance, according to Trafigura's chief economist. Staff Writer | April 8, 2024 | 9:18 am
Westgold to buy Karora Resources in $808 million deal The deal will propel the combined group to become a mid-tier gold miner producing around 400,000 ounces of gold a year. Reuters | April 8, 2024 | 8:54 am
Mali expects 14% drop in industrial gold production The country's industrial gold production stood at 66.5 metric tons last year, nearly unchanged from the 66.2 tons recorded in 2022. Reuters | April 8, 2024 | 8:08 am
Gold price touches $2,350 on firm central bank demand For the year, bullion is up by double digits at 13%, despite headwinds from strong US economic data. Staff Writer | April 8, 2024 | 7:26 am
Azure Minerals approves Rinehart-SQM takeover The deal values the lithium miner at A$1.7 billion ($1.1 billion). Bloomberg News | April 8, 2024 | 6:50 am
China’s central bank adds more gold to its reserves in March China held 72.74 million ounces of gold at the end of March, up from 72.58 million ounces a month before. Reuters | April 8, 2024 | 6:45 am
Perpetua tapped for $1.8 billion loan to develop gold-antimony mine in Idaho If approved, the loan would be one of Washington's largest investments ever in a domestic mine. Staff Writer | April 8, 2024 | 6:28 am
Scientists figure out how to speed up development of key Li-ion battery materials Many current and upcoming energy storage and electronic devices depend on intercalated materials. Staff Writer | April 8, 2024 | 5:41 am
Vale walks away from exploration JV with Serabi Gold Serabi Gold noted it remains optimistic as there already are “a number of other groups keen to partner” with them. Cecilia Jamasmie | April 8, 2024 | 5:39 am