Gold price to see rangebound performance in H2 2024, says WGC Even if current market expectations prevail, gold still has a chance to outperform in H2 2024 if Western flows pick up, the World Gold Council said. Staff Writer | July 2, 2024 | 8:03 am
Freeport McMoran sees lower sales in Q2 on Indonesian permit delays The company expects copper sales to be 5% below April 2024 guidance of 975 million pounds. Reuters | July 2, 2024 | 7:17 am
Rio Tinto in talks to prevent another strike at Oyu Tolgoi Rio Tinto has said changes to Mongolia’s Labour Law in 2022 had prompted it to recalculate employee salaries. Staff Writer | July 2, 2024 | 6:33 am
Endeavour Mining pours first gold at Lafigué mine Lafigué is the fifth project Endeavour has completed in West Africa and it is expected to produce between 90,000 and 110,000 gold ounces a year. Cecilia Jamasmie | July 2, 2024 | 3:51 am
The top 50 biggest mining companies in the world Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion. MINING.com Editor | July 2, 2024 | 2:59 am
Endeavour studying spill from Ivory Coast operation Early reports show that a broken valve leaked 3,000 liters of mud containing cyanide into a canal within the perimeter of the mine. Bloomberg News | July 1, 2024 | 2:05 pm
Ivory Coast to revise mining code to increase state profits The world's top cocoa producer is seeking to develop its long-neglected mining sector to diversify its sources of income. Reuters | July 1, 2024 | 10:21 am
Russian diamond producer Alrosa buys big gold deposit from Polyus For the world's biggest diamond producer, the move marks a deeper push into gold. Reuters | July 1, 2024 | 9:54 am
B2Gold invests in Yukon-focused explorer Prospector Metals The gold major has taken up a 9.99% equity position in Prospector to support its exploration at the ML project in Yukon. Staff Writer | June 30, 2024 | 9:25 am