Gold price rally drives global surge in illegal mining
Artisanal and small-scale gold mining has likely risen to about 30% of global supply, the World Gold Council estimates.
Latest Stories
Indonesia to levy gold export duties from December 23
Minted bars will face the lowest duties, while the highest duties are set for dore, or semi-pure ingots.
Kazakhmys says it will have new controlling shareholder
Company ranks 20th in the world in terms of copper concentrate production.
Australia’s mining competitiveness at risk from excessive regulation, says Rinehart
She pointed to a 2024 report by the Minerals Council of Australia that estimated 80% of potential mining projects are abandoned.
Chinese gold miner to buy 50% of St Barbara unit for $245M
The subsidiary would hold an 80% stake in the Simberi gold project in Papua New Guinea.
Another Chinese rare earth producer gets streamlined licence for magnet exports
Ningbo Jintian Copper said on Wednesday it had secured streamlined licences for magnet product exports.
US lawmaker questions Ivanhoe Atlantic’s China ties
Moolenaar challenges US support for Ivanhoe Atlantic as he warns of Chinese influence over critical mineral routes.
Infographic: BRICs vs the West – the gold divide
As geopolitics shift, BRICS nations are rapidly boosting gold holdings and moving away from US-dollar reserves.
GE Vernova working with US government to boost stocks of yttrium
The company is also investing in alternatives to replace certain rare earths used in production if it became necessary.
