Gold price: ETF inflows reach $100m a day
US government shutdown means we don’t know how hedge funds are positioning themselves, but everyone else seems to be piling into gold.
Latest Stories
Atlantic confirms gold extensions at Cochrane Hill
Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold.
Vale knew about sensor problems at dam before burst – Globo TV
Vale SA was made aware of problems with sensors designed to monitor the structure of a dam that ended up bursting, 2 days before the disaster.
Friedland confident Congo copper mine will be world’s second-largest
The founder of Ivanhoe Mines said the Kamoa-Kakula project is “on track to become one of the absolute greatest copper mining complexes in the world.”
Samarco said to reboot creditor talks after Vale Dam disaster
Creditors rejected Samarco’s offer to treat the injections as senior or pari-passu debt.
Vale licenses to operate Laranjeiras dam, Jangada mine canceled
The cut in output forced Vale to declare force majeure in iron ore and pellets contracts on Tuesday.
Bolivia picks Chinese partner for $2.3B lithium project
This deal gives Beijing a second chance in Bolivia after Xinjiang TBEA beat six rivals to partner with Bolivia on Coipasa and Pastos Grandes.
Brazil’s Vale to invest $400m to reduce need for tailings dams
Vale has come under intense public pressure since the Jan. 25 dam burst, with some politicians and prosecutors calling for criminal prosecution and a management shakeup.
Vale disaster makes miners’ image problem worse: Russell
The problem for miners is convincing an increasingly sceptical public of how necessary their industry is.
