Saudi Arabia in advanced talks over Zambia copper mine stake, Ma’aden CEO says Saudi Arabia is expecting a deal by the end of the year. Reuters | October 30, 2024 | 7:01 am
Rio Tinto adopts space tech for lithium exploration in Argentina Rio will use Fleet Space's technologies to advance exploration at its Rincon lithium project in Argentina. Staff Writer | October 30, 2024 | 5:53 am
Hochschild Mining grows Brazil portfolio with Monte Do Carmo project Hochschild already has an operating gold mine in Brazil, Mara Rosa, which reached commercial production in May. Cecilia Jamasmie | October 30, 2024 | 4:28 am
Glencore posts lower metals output for first nine months, reiterates outlook The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons. Reuters | October 30, 2024 | 1:22 am
Gold price scales $2,800 amid US election uncertainty Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs. Staff Writer | October 30, 2024 | 1:12 am
Gold demand tops $100 billion as Western investors charge in Investment flows from the West, including more high-net-worth individuals, helped offset waning appetite from Asia. Bloomberg News | October 30, 2024 | 1:10 am
Simandou to mine first cargo by end of 2025 With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore. Reuters | October 30, 2024 | 12:37 am
Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024 Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers. Reuters | October 30, 2024 | 12:25 am
BHP has moved on from Anglo American, company chairman says The world's biggest miner walked away from a $49 billion bid to acquire Anglo in May after it was rebuffed three times. Reuters | October 29, 2024 | 5:45 pm