Gold price scales $2,800 amid US election uncertainty
Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs.
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Gold demand tops $100 billion as Western investors charge in
Investment flows from the West, including more high-net-worth individuals, helped offset waning appetite from Asia.
Simandou to mine first cargo by end of 2025
With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.
Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024
Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers.
BHP has moved on from Anglo American, company chairman says
The world's biggest miner walked away from a $49 billion bid to acquire Anglo in May after it was rebuffed three times.
Alcoa ‘very bullish’ on aluminum for energy transition
Megatrends are driving aluminum demand of 3%, 4%, and 5% every year its CEO said.
Lynas Rare Earths first-quarter revenue falls nearly 6%
The largest producer of rare earths outside China reported sales revenue of A$120.5 million for the three months ended Sept. 30.
Pilbara Minerals cuts FY25 output forecast; flags Pilgangoora optimization
The country's biggest pure-play lithium miner expects output between 700,000 to 740,000 tonnes for fiscal 2025.
Compass Gold signs mill deal to tap Tarabala deposit in Mali within months
Mali’s mining code allows Compass to mine up to 200,000 tonnes of ore a year in the country’s south and produce as much as 160,000 oz. of metal over the next four years.
