Gold price closes in on $2,200/oz after US jobs data
“We expect gold prices to trade higher this year as safe-haven demand continues to be supportive amid geopolitical uncertainty," one analyst says.
Latest Stories
Taseko posts record revenue in 2023, sets target for first copper production at Florence
The company is expecting first production from its fully permitted Florence copper project in Arizona in the fourth quarter of 2025.
Copper fees plunge close to zero in test for China’s smelters
China’s copper smelters are at a critical juncture after fees for processing imported ore collapsed to single figures.
African Rainbow pauses Bokoni mine expansion plan after H1 profit fall
The miner's headline earnings declined to $158.5 million in the six months to December 2023.
Peru copper output seen growing to 3mt in 2024, minister says
The Chalcobamba project is expected to help Las Bambas eventually boost its output to approximately 400,000 tons of copper annually.
AI can potentially estimate global environmental destruction due to road development for mining
Australia-based researchers trained three machine-learning models to automatically map road features in rural, generally remote and often forested areas.
BHP becomes first miner in Chile to exceed 40% female representation
In 2016, BHP had only 17.5% female workers globally and today employs 1,509 women at Escondida mine alone.
Perseus extends OreCorp takeover bid to April
Perseus and Silvercorp are vying for OreCorp’s Nyanzaga gold project in Tanzania, slated to produce 242,000 oz./year over its first decade.
China coal group says peak demand imminent as clean power grows
Coal is being displaced in the power sector due to a surge in wind and solar additions last year, says the China National Coal Association.
