Gold price tops $2,400 again on signs of cooling inflation
Spot gold jumped 2% to $2,418.78 an ounce by 9:10 a.m. ET, its highest in almost two months.
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Zambia says China’s JCHX will invest $300m in Lubambe copper mine
Some of the investment will go toward sinking a new shaft at Lubambe over the next two to five years.
Uganda is latest African nation eying gold as currency shield
Uganda plans domestic gold purchases to build foreign exchange reserves.
One miner dead after tremor in Poland, one still missing
PGG said a tremor occurred below ground at the Rydultowy coal mine.
Iron ore price swings higher as traders await Beijing policy signals
The steelmaking material rallied as much as 3.6% in Singapore on Thursday, following days of fluctuations.
China pauses new coal-based steelmaking for first time in years
Greening the steel industry, China’s second largest source of carbon emissions at 15%, is a vital part of the country’s plan to become carbon neutral by 2060.
BHP halts Western Australia nickel mines on weak prices, glut
Decision affects the Mt Keith and Leinster operations, the Kwinana refinery, the Kalgoorlie smelter, and the the West Musgrave project.
Mining vs AI: What’s wrong with this picture?
As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks.
Mexico mining investment seen stable at $5 billion in 2024, says industry group
The 2023 investment level fell 5.8% from the previous year to $4.96 billion.
