The figure for 2022 has been revised downward, however.

The troubled gold miner operates the Sugar Zone mine in Ontario and lowered its guidance earlier this year.

Still, bullion is on course for its biggest monthly loss since June.

The world’s no.4 iron ore miner halted operations at its Solomon Hub site after an employee died in a ground collapse.

A key focus of financial markets in the third quarter has been talks of policy tightening in the United States, which also boosted the dollar.

Silver is now headed for its worst month in a year, while gold is on course for its biggest monthly drop since June.

Downstream consumption for stainless steel has been constrained in China, especially in Guangdong province.

Copper prices will average more than $4 a pound this year, says Diego Hernandez, head of Chilean mining society.

The Chinese battery maker will acquire Millennial at a price of C$3.85 per share, a premium of 6.9% over the offer by Ganfeng.