Ascot begins milling at its Premier gold project in BC Currently, mining has begun from the Silver Coin and Big Missouri deposits to feed a refurbished 2,500 t/d processing plant. Staff Writer | April 8, 2024 | 10:57 am
Fortescue partners with OCP Group for green energy development in Morocco The equal partnership with the Moroccan fertilizer producer includes the development of manufacturing facilities and an R&D hub. Reuters | April 8, 2024 | 10:39 am
Copper price hits fresh 14-month high on supply fears, China optimism The red metal has rallied about 15% in the last two months. Bloomberg News | April 8, 2024 | 9:55 am
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