Brazil seeks $20.7 billion from Vale, BHP over 2015 dam collapse The government has also set a 12-year period for the payments to be made. Reuters | June 6, 2024 | 9:39 am
Opening of new mines boosts Ivory Coast 2023 gold output Gold output has been climbing steadily for several years and is expected to reach 56 metric tons this year. Reuters | June 6, 2024 | 9:29 am
Global gold ETFs saw first inflows in a year in May, says WGC Higher gold prices and inflows drove total assets under management up 2% to $234 billion, the highest since April 2022. Reuters | June 6, 2024 | 9:06 am
London gold body reviews purity concerns about Indonesian state miner 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. Reuters | June 6, 2024 | 8:51 am
Botswana may raise De Beers stake as Anglo weighs spin-off The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply. Reuters | June 6, 2024 | 7:13 am
Gold prices may hit another record high in 2024, Metals Focus says Sentiment towards gold is supported by fears over US government debt and elevated geopolitical tensions. Reuters | June 6, 2024 | 7:08 am
Newmont CEO sees copper demand boom driving mining deals Tom Palmer pointed to artificial intelligence as a surprisingly large new source of copper demand. Reuters | June 6, 2024 | 7:01 am
Peru authorizes Barrick to explore mining at southern border Peru's constitution requires foreign private investment within 50 kilometers of the country's border to be approved by the cabinet of ministers. Reuters | June 6, 2024 | 6:57 am
Rio Tinto’s South African unit may resume mineral sands project halted by violence Richards Bay Minerals plans to take the Zulti South project to the Rio Tinto board for approvals in the first half of next year. Reuters | June 6, 2024 | 6:53 am
Russia to speed up sole lithium project to cut import reliance Russia plans to speed up its only lithium production project by 3-4 years from an originally planned 2030. Reuters | June 6, 2024 | 6:49 am
Chilean regulator aims for quick decision on Tianqi-SQM dispute Tianqi has argued to the regulator that a shareholders' vote is needed to approve the SQM-Codelco agreement. Reuters | June 5, 2024 | 12:05 pm
Mali gold mining revenue fell by 26% in 2023 The decrease in revenue was mainly due to lower taxes, ministry data showed. Reuters | June 5, 2024 | 10:24 am