Gold bull Mobius says every portfolio needs at least 10%
Veteran investor Mark Mobius says that gold’s set to push higher, potentially topping $1,500 an ounce.
Latest Stories
Codelco delays restart of Chuquicamata, again
The facility is unlikely to return to normal capacity until mid-August, says a union leader.
Iron ore ‘disconnected from fundamentals’ after huge rally
The commodity’s rally has been so strong it’s triggering warnings that the gains have taken the market beyond fundamental drivers and prices are likely set for a pullback.
Zambia plans law compelling miners to procure locally
Zambia is Africa's second-largest copper producer, with copper mining accounting for around 70% of foreign currency earnings.
Armed forces called to defend Glencore mine in Congo
Illegal miners will be removed from the site of the Glencore project where at least 43 died last week.
Metso Minerals merges with rival Outotec
The deal is expected to enable cost savings of at least 100 million euros and revenue synergies, stemming from cross-sales opportunities, of at least 150 million euros a year.
Canada M&A set to slow on volatility, high valuations after first-half drop
Mergers and acquisitions by Canadian companies fell to $38.6 billion in the second quarter, the lowest level since the third quarter of 2017.
OceanaGold stops trucking at Philippines gold mine after dispute
The mid-tier gold miner is waiting for the renewal of its operating licence for the Didipio gold and copper mine.
Rio Tinto’s Icelandic aluminium plant attracts Glencore — sources
Rio Tinto restarted the sale process for the assets in late 2018 after Norwegian aluminium company Norsk Hydro pulled out of buying them.
