October 30, 2024

Glencore posts lower metals output for first nine months, reiterates outlook

The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons.

October 30, 2024

Gold price scales $2,800 amid US election uncertainty

Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs.

October 30, 2024

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.

October 29, 2024

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.

October 29, 2024

Critical Metals flags additional mining upside for Tanbreez rare earth project

Critical Metals acquired a controlling stake in Tanbreez in June, hailing it as a potential "game-changing" mine project for North America's rare earths supply chain.

October 29, 2024

Trillions needed to achieve net-zero by 2050 — Wood Mackenzie

The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario.

October 28, 2024

Galp in no rush to invest in lithium refinery with Northvolt

The refinery, which was scheduled to start commercial operations in early 2026, is facing delays due to the complexity of the project.

October 28, 2024

US recycles the most gold from e-waste, study shows

It is estimated that the US generated 13,767 kg of gold that year worth around £882.8 million from its e-waste in 2022.

October 28, 2024

Metso wins equipment order from Hindalco for precious metals refinery

This state-of-the-art refinery will be associated with the new e-waste recycling plant that Hindalco is building in Pakhajan, Gujarat.

October 28, 2024

Mining vs AI – It’s not even close

Nvidia throws shade on the entire global mining industry.