The Canadian industry veteran sees gold hitting record highs this year in volatile trading as inflation outpaces interest rates.

Reconstituted Agnico Eagle sets initial gold production guidance at 3.2 to 3.4moz.

The unions said they had rejected Sibanye's final offer, which would increase underground workers' wages by 800 rand ($51.67) a month in each of the three years under negotiation.

The world's top gold miner posted a 27% drop in fourth-quarter adjusted profit.

Demand for copper and coal has risen as global economies recover further from pandemic lows.

Russia produced 2.6 million troy ounces of palladium last year, or 40% of global mine production.

The move comes at a time when India is battling a coal shortage as supplies from Coal India are below burgeoning demand.

Company is bringing its sales activities back to Botswana's capital almost two years after Covid-19 hit.