Global refined copper surplus swells in first half of 2024 — report
New data from the ICSG indicated a preliminary surplus of about 488,000 tonnes, which is significantly higher than the 115,000 tonnes for H1 2023.
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KCGM — from unloved asset to Northern Star’s crown jewel
A former non-core asset of majors Barrick and Newmont, KCGM, also known as the Super Pit, is set to become Australia’s largest gold operation under the ownership of Northern Star Resources.
Eagle cleanup focuses now on site’s water after PwC takes over Victoria Gold
PwC and mining environmental management services firm Parsons are installing five groundwater monitoring wells at the site.
Peru’s gold exports to India set to hit record high, says official
In 2023, India became the second biggest buyer of Peru's gold and it should invest in new gold mining projects in the South American country.
Scramble for critical minerals spurs an African rail revival
From Angola on the continent’s west coast to Tanzanian on the east, governments and investors are readying to revive decades-old rail lines that have fallen into disrepair.
Lundin copper miners accept new offer, ending Chile strike
A breakthrough would enable a resumption of normal operations at a mine that churned out 137,100 tons last year.
QCoal says workers sent home after death at coking coal mine
On Friday, Queensland's mining regulator suspended the use of heavy vehicles at the mine.
Responsible mining is only way to energy transition, says SRK
Miners will need to move into newer mining territories to find metals and other minerals that future markets will demand.
Hedge funds boost bullish wagers on gold to four-year high
Hedge funds and other large speculators boosted net-long positions by 7.8%.
