Aneka Tambang sells shares of subsidiaries to world’s biggest EV battery company Indonesian miner Aneka Tambang has sold shares worth $467.18 million to a unit of CATL. Reuters | December 29, 2023 | 9:54 am
Gold price heads for yearly gain as market eyes rate cuts in 2024 Bullion was steady on the final trading day, putting it on track to end the year about 13% higher. Bloomberg News | December 29, 2023 | 8:44 am
Nickel is year’s biggest metals loser, copper manages small gain Nickel is poised to post an annual drop of more than 40% on the London Metal Exchange, the biggest decline since 2008. Bloomberg News | December 29, 2023 | 8:37 am
Gold price wavers as US bond markets rally on rate-cut optimism The precious metal has risen nearly 14% this year, on track for its first annual increase in three years. Bloomberg News | December 28, 2023 | 3:24 pm
Paramount Gold closes $15 million funding with Sprott to advance Grassy Mountain mine The proposed mine has an initial eight-year life producing 47,000 oz. of gold and 55,000 oz. of silver annually. Staff Writer | December 28, 2023 | 11:21 am
Biden extends EU steel, aluminum tariff exemption for 2 years The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production. Reuters | December 28, 2023 | 11:09 am
Mexico finds first remains of coal miners lost in 2022 accident Mexican authorities have located the remains of two of the 10 coal miners trapped and killed at the El Pinabete mine in August 2022. Reuters | December 28, 2023 | 10:37 am
Brazil cracks down as wildcat miners in the Amazon shift their operations Federal Police have joined the government's biodiversity conservation agency ICMBio on a series of recent operations to catch illegal gold miners. Reuters | December 28, 2023 | 10:13 am
China’s net gold imports via Hong Kong rise in November China's net gold imports via Hong Kong rose about 37% in November from the previous month. Reuters | December 28, 2023 | 9:55 am