Gold to march higher but record-breaking rally will slow – poll
Spot gold will average $1,788 an ounce this year and $1,965 an ounce in 2021, the median forecasts returned by Reuters poll of 42 analysts and traders showed.
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Caledonia said to eye one of Zimbabwe’s largest mines
The Jersey-based gold producer is weighing an acquisition of Bilboes Gold Ltd.’s Isabella-McCays-Bubi mines, in northwest Zimbabwe, according to a person familiar with the details.
Anglo American sued for alleged lead poisoning in Zambia
Class action claims there are more than 100,000 in Kabwe who are likely to have suffered lead poisoning as a result of pollution caused by Anglo.
Antofagasta keeps guidance despite copper output drop
Copper production fell 4.6% in third-quarter to 169,600 tonnes, mainly due to major maintenance work at the flagship Los Pelambres mine.
Tin use sees mixed results amidst covid-19 pandemic
Forecasts for 2020 indicate that there will be a contraction in tin demand of -5.9% y-o-y, which is primarily attributed to the covid-19 pandemic.
Soma Gold acquires second subsidiary in Colombia
Four Points, the owner and operator of the El Limón mine, will now be a subsidiary of Soma Gold.
Battle North tables feasibility study on high-margin mine at Bateman
Study on the project in the Red Lake district has defined a 7-year, 1,315 t/d underground operation.
Nordgold matches Shandong Gold’s offer for Cardinal in takeover battle
Nordgold refuses to give up the fight for Cardinal Resources; it has now offered A$1 per share.
Miners speed up automation as covid-19 impacts linger
About 20% of people currently working in the mining and metals industry are at risk of being replaced by robots, says the the World Economic Forum.
