Bolivia defends central bank gold buying against laundering accusations The bank has met all traceability requirements, allowing it to purchase and refine more than 18 metric tons since May 2023. Bloomberg News | February 7, 2025 | 9:36 am
Rio2 begins construction of Fenix gold mine in Chile Fenix represents one of the largest undeveloped gold oxide, heap leach projects in the Americas. Staff Writer | February 7, 2025 | 8:41 am
China’s central bank buys more gold as prices hit record Gold reserves held by the People’s Bank of China rose for a third straight month in January. Bloomberg News | February 7, 2025 | 7:49 am
Endeavour Silver nears completion of Terronera project in Mexico The miner expects Terronera to be ready for full commissioning in early Q2 2025. Staff Writer | February 7, 2025 | 7:43 am
London sees record gold outflow in January in race to ship to US The amount of gold stored in London vaults fell by 4.9 million troy ounces in January, the largest monthly decline since records began in 2016. Bloomberg News | February 7, 2025 | 7:22 am
China starts pilot project allowing insurance funds to invest in gold The world's biggest bullion consumer will allow some of its insurance funds to buy gold for medium- and long-term asset allocations. Reuters | February 7, 2025 | 7:18 am
CATL resuming production at Jiangxi mine, UBS says Chinese battery giant is resuming operations at its lithium lepidolite mine. Reuters | February 7, 2025 | 7:15 am
Indonesia trade ministry supports extending Freeport’s copper export permit Resource-rich country has banned exports of copper concentrate. Reuters | February 7, 2025 | 7:12 am
Anglo American nears De Beers spinoff Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond miner. Cecilia Jamasmie | February 7, 2025 | 4:03 am