Long-term sustainability uncertain if Panama operations end, says First Quantum CEO
The company has notified buyers it will not be able to meet agreements due to force majeure.
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Gold price hits new all-time high
Gold futures trading in New York shot up 1.6% on Friday closing at $2,089.70 per ounce, surpassing the previous high set on August 6, 2020.
Founders Metals’ high-grade hits hint at Guiana Shield bounty for Antino project in Suriname
The junior miner is closing off the year with drill results as high as 13 metres at 14.03 g/t gold.
Fitch sees industrial metal prices falling in 2024, gold set to rise
London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said.
Peru mining output grows 3.14% in October, slowest in 8 months
Copper production was up 2.1% from the same month a year ago, while gold and zinc jumped 10.0% and 10.4% respectively.
Vale Base Metals in search of new CEO
Deshnee Naidoo will step down from her position as CEO effective March 31.
US gives $50 million boost to critical minerals investor TechMet
The backing from the US International Development Finance Corporation brings its total investment in the Dublin-based firm to $105 million.
Shares of Anglo American and Antofagasta rally after UBS upgrade
Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy.
China lithium price poised for further decline in 2024 – analysts
Lithium carbonate prices in top consumer China could fall by more than 30% next year.