Robex Resources reports loss as it pivots from Mali to Guinea
The gold miner announced in June it would sell its sole operating mine Nampala, in Mali, to focus on its Kiniero project in Guinea.
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Mexico’s Tizapa mine offline due to strike, Penoles says
The union, which represents the mining, metallurgical, and steel industries, is citing violations of a collective labor agreement signed in April.
CEO of Korea’s No. 2 zinc producer arrested after fatal accident
The District Court of Daegu approved the arrest of CEO Park Young-min, and Bae Sang-yoon, the head of the Seokpo smelter.
YPF eyes sale of lithium unit as focus narrows on shale ramp-up
Under new management, YPF is instead entirely focused on ramping up production in the Vaca Muerta.
Gold’s defiant summer
Gold is finishing one of its most-defiant summers in memory.
Biden administration considering price support to backstop critical minerals projects
The new policy would involve setting a price floor for certain projects, according to POLITICO.
Gold price softens on US inflation data, still up 3% for the month
Despite the pullback, bullion is on track for a 3% gain this month.
India to discuss surging precious metals imports with UAE
Trade officials will likely meet their counterparts from the UAE next month to review the two countries’ partnership.
Brazil BNDES to fund Sigma’s second lithium concentrate plant
Investment will be used to increase lithium production in Grota do Cirilo by 250,000 tonnes per year.