Top gold ETF sees largest weekly outflow since 2022 on Trump win
SPDR Gold Shares (GLD) saw an outflow of over $1 billion, the largest weekly fund outflow since July 2022.
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Ascot Resources seeks TSX exemption for $37 million financing
The funds will be used by Ascot to resuscitate its Premier gold project in British Columbia’s Golden Triangle.
Mubadala prepares for sale of Brazil’s Porto Sudeste, Mina Gerais iron ore mines
Formed in 2016, the project includes two mines and their processing units.
Mining for Diversity Gala highlights advancements of women in industry
Women in Mining Sudbury will be hosting its first annual Mining for Diversity Gala on Nov. 21.
Hindalco beats Q2 profit view on higher aluminum prices
The benchmark aluminum and copper prices on the LME rose 20% and 24%, respectively, from the second quarter of last year.
Column: Copper views Trump win through Chinese lens
Donald Trump's win has not sparked a repeat of the explosive copper rally which followed his unexpected victory in 2016.
Resolute CEO detention in Mali comes amid West Africa mining squeeze
Mali’s military junta — crippled by sanctions and cut off from Western aid — is at the forefront of the push, aggressively pursuing both Resolute and Barrick Gold.
Zimbabwe to end tax relief for miners to spur mineral processing
President Emmerson Mnangagwa said last month the government would introduce incentives to encourage mining companies to process their output locally.
Codelco offers copper to Chinese clients at a premium of $89/t
The copper premium, a fee on top of the London Metal Exchange prices charged to buyers, is a demand indicator for the metal widely used in power networks.
