Northisle stock surges to highest in a year on near-surface gold hits The 33,000-hectare North Island property hosts a number of porphyry copper and gold occurrences at varying stages of development. Staff Writer | September 27, 2023 | 10:18 am
Trafigura gets $500 million to buy Saudi’s non-crude commodities The three-year deal gives Trafigura a big new chunk of credit tor trading at a time when energy prices are rising again. Bloomberg News | September 27, 2023 | 9:07 am
Gold price down 1% with higher Fed rate bets supporting dollar On the flip side, gold continued to find some support from robust physical demand. Staff Writer | September 27, 2023 | 9:00 am
China’s gold prices surge, hitting a record against the world On Wednesday, an ounce of gold in Shanghai cost $2,007, about 6% higher than the price in London or New York. Bloomberg News | September 27, 2023 | 8:43 am
Europe lines up African minerals pacts to ease reliance on China The European Union is finalizing partnerships with the DRC and Zambia to boost local industries. Bloomberg News | September 27, 2023 | 7:53 am
Glencore and Seriti weigh job cuts in South Africa due to ‘dire’ train situation Transnet has been hobbled by sabotage, cable theft and aging equipment. Bloomberg News | September 27, 2023 | 7:45 am
Glencore to stop funding troubled New Caledonia nickel plant New Caledonia has some of the world’s largest reserves of the metal, but its three smelters have faced years of losses linked to high costs and social unrest. Reuters | September 27, 2023 | 7:38 am
Codelco expects copper output to start recovering in 2024 Chairman said it would be a mistake for Codelco to delay projects currently under development. Reuters | September 27, 2023 | 7:33 am
Next generation of Indigenous water treatment plant operators graduates The graduates completed the paid training program to obtain entry-level certifications required to begin their careers in water treatment. Staff Writer | September 27, 2023 | 6:52 am