Vedanta posts loss on higher tax outgo and weak zinc pricesThe Indian unit of billionaire Anil Agarwal swung to a loss of $214 million in three months to September.Bloomberg News | November 4, 2023 | 12:45 pm
Elevated local gold prices dent retail demand in IndiaIn India, this week, dealers offered a discount of up…Reuters | November 3, 2023 | 3:48 pm
Argonaut Gold’s Magino is Canada’s newest producer despite soaring costs, delayAfter it poured first gold at Magino on June 15,…Blair McBride | November 3, 2023 | 10:44 am
Copper price rebounds on weaker dollar The dollar index dropped after Japan intervened in the currency market to shore up the battered yen for the first time since 1998. MINING.COM Staff Writer | September 22, 2022 | 9:39 am
Chinese gold fetches huge premium as demand improves Benchmark prices in Shanghai have climbed to a premium of more than $43 an ounce over their London equivalent, the highest since 2019. Bloomberg News | September 22, 2022 | 9:31 am
Gold price wavers after Japan intervention, central banks’ rate hikes The Fed’s rate hikes this year have weighed on bullion, with spot prices down 8.6%. Bloomberg News | September 22, 2022 | 9:14 am
Polymetal shares down as gold miner scraps final dividend Company has not been directly targeted by Western sanctions imposed on Moscow since it sent thousands of troops to Ukraine in February. Reuters | September 22, 2022 | 8:09 am
Gold price rises as Fed rate hike comes in as expected Gold prices rose after the US Federal Reserve raised interest rates by 75 basis points for a third straight time. Bloomberg News | September 21, 2022 | 1:14 pm
Top gold CEOs say soaring costs will hobble mining industry into 2023 “We’re in a very volatile economic environment at the moment,” Newmont CEO Tom Palmer said in an interview. Bloomberg News | September 21, 2022 | 10:28 am
Iron ore price falls to two-week low on caution ahead of Fed rate action The Fed is widely expected to hike rates further by 75 basis points later in the day to tackle high inflation. MINING.COM Staff Writer | September 21, 2022 | 8:43 am
LME says no sign of metal offloading after report about Rusal Bloomberg News reported that Russia's Rusal was working on a plan to deliver its aluminium to LME facilities. Reuters | September 21, 2022 | 7:59 am
Teck says Elkview outage to cost 1.5 million tonnes in coal production The Elkview steelmaking coal mine will remain halted for one to two months due to a structural failure of the plant feed conveyor belt. Cecilia Jamasmie | September 21, 2022 | 3:16 am