Gold price surpasses $2,500 for first time ever For the week, bullion has gained about 3%, on track for its best weekly performance since April. Staff Writer | August 2, 2024 | 8:19 am
Chilean court rejects Tianqi’s request to pause SQM-Codelco deal The Chinese miner last week asked an appeals court to suspend the regulator's resolution while analyzing the matter. Reuters | August 2, 2024 | 8:08 am
No lithium mining without guarantees, says Serbian President Serbian top court ruled last month that the government's decision in 2022 to revoke Rio Tinto's permit for the Jadar project was unconstitutional. Staff Writer | August 2, 2024 | 7:54 am
Vitol extends deal spree with purchase of fallen rival Noble Vitol Group has agreed to buy the last remaining piece of fallen Asian commodity trader Noble. Bloomberg News | August 2, 2024 | 6:47 am
Glencore overshadowed in cobalt market as Chinese rival booms China’s CMOC Group has strengthened its status as the world’s cobalt king. Bloomberg News | August 2, 2024 | 6:26 am
Mining People: Lion Copper and Gold, Appia Rare Earths and Uranium and Romios Gold Resources Key moves in the mining sector. Staff Writer | August 2, 2024 | 6:07 am
Westgold-Karora merger creates top five Australian gold miner Combined company has an annual output of over 400,000 ounces of gold per year and a market capitalization of about $1.63bn. Cecilia Jamasmie | August 2, 2024 | 5:48 am
BHP turns to mediation to avoid strike at Escondida The last significant strike at Escondida, in 2017, lasted 44 days, hurt BHP's production and drove global copper prices up. Cecilia Jamasmie | August 2, 2024 | 3:49 am
Workers at BHP’s Escondida mine in Chile reject contract offer, union says Workers at the world's largest copper mine rejected an offer for a new collective bargaining agreement, setting the stage for a potential strike. Reuters | August 1, 2024 | 3:31 pm