Gold prices record their strongest October surge in nearly half a century The yellow metal rallied an incredible 7.3% last month to close at $1,983 an ounce, its strongest October since 1978, when it jumped 11.7%. U.S. Global Investors | November 6, 2023 | 12:58 pm
Bill Gates-backed mining startup wants to expand into Congo KoBold is exploring around the world for new deposits of metals that are key to the global green-energy transition. Bloomberg News | November 6, 2023 | 11:19 am
Gold price could see new highs if Middle East conflict worsens, says Newmont CEO Spot gold has risen nearly 10% since the war broke out. Staff Writer | November 6, 2023 | 11:15 am
Taseko raises additional $100 million for Florence copper project Tarus Mining Royalty Fund will contribute $50 million toward a royalty and Société Générale will provide a $50 million secured debt facility. Staff Writer | November 6, 2023 | 10:51 am
Caterpillar 793 trucks going autonomous at Freeport’s Bagdad copper mine in Arizona Caterpillar and Freeport collaborating to convert the mining company's fleet of 33 Cat 793 haul trucks at Bagdad mine to an autonomous haulage system. Staff Writer | November 6, 2023 | 10:48 am
Newmont to sell mines after Newcrest acquisition The largest takeover in the mining industry this year was completed on Monday. Cecilia Jamasmie | November 6, 2023 | 9:59 am
Botswana conducts due diligence on HB Antwerp stake, president says At the height of talks for a new sales contract with De Beers in March, Botswana announced a deal to become a shareholder in HB Antwerp. Reuters | November 6, 2023 | 9:53 am
Billionaire-owned Vedanta seals Zambian copper assets deal Vedanta and the Zambian government have sealed an agreement that restores the Indian company's ownership of Konkola Copper Mines. Reuters | November 6, 2023 | 9:20 am
Asante Gold announces extension to Grasshopper pit resource at Bibiani mine in Ghana Constrained indicated resources amounted to 1.88 million tonnes averaging 1.04 grams per tonne for 56,500 oz. of contained gold. Staff Writer | November 6, 2023 | 9:15 am
