Mining investor says US must outspend China on critical minerals
Western governments are still moving too slowly in securing supplies of lithium, rare earths and other materials, says Brian Menell, head of TechMet Ltd.
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Spot gold hit as low as $4,151.91 per ounce, representing a 5.3% decline.
Appian, World Bank start $1B critical minerals fund
Washington-based IFC will anchor the fund, contributing $100 million at first.
Rare earth stocks surge in Sydney after Trump’s Australia pact
The pact signals a new way for miners to approach capital raising.
AI-driven ATMs target skeptical Russians to cash in their gold
However, Russians have not rushed to part with their gold in the same way as people have elsewhere.
Concerned carmakers race to beat China’s rare earths deadline
Even if Chinese suppliers can fulfil fresh orders before the November 8 export controls take effect, the journey by sea to Europe can take 45 days.
Congo rebels loot $70M in gold from Twangiza mine
Rebels, helped by mine employees, have reportedly taken at least 500kg of gold since May, when the operation was seized.
US, Canada set to seal trade deal at APEC summit
Deal on steel, aluminum, and energy will likely involve Canada accepting steel export quotas in exchange for reduced US tariffs.
South32 posts 135% jump in quarterly manganese output
The diversified miner said it had successfully executed the operational recovery plan at its Australia operations.
