India’s festive gold buying spree continues, defying record price Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday. Reuters | October 29, 2024 | 7:54 am
Ukraine’s key Pokrovsk coal mine still operating as Russian troops move closer Ukrainian military analysts said this week that Russian troops had moved to within about 7.5 km of Pokrovsk. Reuters | October 29, 2024 | 7:39 am
Trillions needed to achieve net-zero by 2050 — Wood Mackenzie The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario. Cecilia Jamasmie | October 29, 2024 | 6:47 am
CHART: Copper price is being held hostage by Beijing New report foresees a possible step change at meeting of China’s highest lawmaking body next week, with a decline of $1,000/t a distinct possibility. Frik Els | October 29, 2024 | 4:11 am
AngloGold to close $2.5 billion Centamin buy in November With Centamin shareholders backing the deal this week, the only hurdle is the approval of the Jersey Court on November 20. Cecilia Jamasmie | October 29, 2024 | 3:58 am
China’s cobalt king hits output goal months ahead of schedule The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up. Bloomberg News | October 29, 2024 | 2:20 am
Australian rare earths developer ASM eyes US defence funding ASM has been building funds to develop its $1.1 billion Dubbo rare earths project in New South Wales. Reuters | October 29, 2024 | 1:59 am
Australia risks losing its iron ore dominance, Fortescue CEO says Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply. Reuters | October 28, 2024 | 5:54 pm
Heliostar expands high-grade gold at Ana Paula, uncovering a new zone Heliostar has drilled 1,995 metres of its planned first-phase 2,600 metres, with a second program set to follow early next year. Henry Lazenby - The Northern Miner | October 28, 2024 | 3:53 pm