Buenaventura to begin gold production at San Gabriel project in November
Construction of the mine, located in the southern region of Moquegua, is 80% complete, its CEO said.
Latest Stories
Uranium miner’s Russian routes unnerve potential bond investors
Money managers are raising red flags about a planned $300 million bond sale by Uzbekistan’s NavoiYuran.
Central banks eye gold, euro and yuan as dollar dominance wanes
According to a report by the Official Monetary and Financial Institutions Forum, one in three central banks plan to increase exposure to gold over the next one-to-two years.
Magna’s Crean Hill project receives Ontario gov’t funding
The funds, said Magna, will be applied towards metallurgical work related to enhancing precious metal recoveries.
Silver X secures $2M from Trafigura to support Peru copper expansion
The loan builds on the existing copper offtake agreement for Nueva Recuperada, which is ramping up to its nameplate capacity.
Rare earth startups eye $1 billion bounty from Brazil
Mineral explorers hoping to tap into surging demand for rare earths are vying for a slice of nearly $1 billion in Brazilian […]
US finalizing $500 million for African critical minerals railway
The US International Development Finance Corp. said it is “actively negotiating” with stakeholders, including the Angolan government and Trafigura.
Gold miner Shanjin said to pick banks for Hong Kong listing
Shanjin International Gold is a unit of state-backed Shandong Gold.
German battery production, trade decline; lobby urges action
Market volumes fell 16% in 2024 to a total value of $23.8B, mostly due to weaker demand for lithium-ion batteries.