The People's Bank of China was the largest official sector buyer of gold in 2023.

Regulatory factors need to be addressed as province “primes itself to become one of the most reliable and sustainable suppliers of critical metals in Canada and globally,” says PWC.

Gold output has been climbing steadily for several years and is expected to reach 56 metric tons this year.

Trafigura has long been one of the copper market’s most bullish voices.

Higher gold prices and inflows drove total assets under management up 2% to $234 billion, the highest since April 2022.

Investigators said over the period of 2010-2021, former managers at Antam oversaw production of around 109 tons of gold through an alleged illegal practice.

The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply.

Sentiment towards gold is supported by fears over US government debt and elevated geopolitical tensions.