China’s central bank pauses gold purchases for sixth straight month Bullion prices have surged about 33% this year, on track for the largest annual gain since 1979. Reuters | November 7, 2024 | 7:35 am
Gold Fields, AngloGold JV in Ghana hits roadblock Without the required approvals and a clear timeline from Ghana, the parties will focus on improvements to their respective assets for now. Cecilia Jamasmie | November 7, 2024 | 6:23 am
Regis Resources sues Australian minister over blocked gold mine Miner is challenging Environment Minister Tanya Plibersek's decision, which blocked the McPhillamys gold project in Federal Court. Cecilia Jamasmie | November 7, 2024 | 3:45 am
China’s steel demand shifts to higher grade ore, Rio Tinto exec says "The demand for high grade ore continues to be strong," chief commercial officer Bold Baatar said. Reuters | November 6, 2024 | 5:37 pm
Viridion JV signs MOU to secure rare earth magnet supply chain in Brazil SENAI’s LabFab facility is targeting a ramp up in NdFeB production to 100 tonnes per annum by the end of 2026. Staff Writer | November 6, 2024 | 2:51 pm
Itochu to buy stake in Brazil’s CSN’s iron ore unit for $769m CSN Mineracao is the leading iron ore producer and distributor in Brazil. Reuters | November 6, 2024 | 2:25 pm
American Pacific drills hit high-grade copper-zinc at Palmer as it preps for resource update Highlight hole cut 18 metres at 1.5% copper and 5.4% zinc (4.4% copper equivalent) from 203.6 metres depth. Henry Lazenby - The Northern Miner | November 6, 2024 | 2:10 pm
Albemarle loses more than $1 billion on falling lithium prices The results underscore the supply glut engulfing the entire lithium industry amid oversupply from China. Reuters | November 6, 2024 | 2:01 pm
Metals sell off after Trump win while oil recoups some losses Metals bore the brunt of global commodity price losses after a US election win by Donald Trump on Wednesday. Reuters | November 6, 2024 | 12:27 pm