Gold demand tops $100 billion as Western investors charge in
Investment flows from the West, including more high-net-worth individuals, helped offset waning appetite from Asia.
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Simandou to mine first cargo by end of 2025
With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.
Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024
Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers.
Alcoa ‘very bullish’ on aluminum for energy transition
Megatrends are driving aluminum demand of 3%, 4%, and 5% every year its CEO said.
Lynas Rare Earths first-quarter revenue falls nearly 6%
The largest producer of rare earths outside China reported sales revenue of A$120.5 million for the three months ended Sept. 30.
Compass Gold signs mill deal to tap Tarabala deposit in Mali within months
Mali’s mining code allows Compass to mine up to 200,000 tonnes of ore a year in the country’s south and produce as much as 160,000 oz. of metal over the next four years.
Private equity deals in mining sector tumble by half in 2024 – report
Total transaction value as of Sept. 30 was $4.76 billion, down more than 50% compared to the $10.52 billion registered in the full year 2023.
Manuka clears pathway for silver production with reserve estimate for Wonawinta
Total ore reserves at the are estimated at 4.8 million tonnes grading 53.8 grams per tonne of silver, containing 8.4 million oz.
Global Atomic anticipates $295m loan for Dasa project by Q1 2025
The loan would cover 60% of the uranium project's projected costs.
