Guinea plans sovereign wealth fund backed by iron ore income The African nation's Simandou mine is expected to start production by the first quarter of 2026. Bloomberg News | December 10, 2024 | 9:29 am
Collapsed wall kills five Kenyan gold miners, local official says The incident occurred at the Hillo artisanal mine. Reuters | December 10, 2024 | 9:10 am
Chilean mine proposal could face Supreme Court review, environment minister says Chile's Andes Iron has attempted for years to develop the $2.5 billion Dominga mine project in the Coquimbo region. Reuters | December 10, 2024 | 8:27 am
Centerra backs Dryden Gold with $2.4 million for 9.9% stake Dryden said it will now be fully financed through 2025 with a C$5.8 million exploration budget. Staff Writer | December 10, 2024 | 8:20 am
Lithium supply surplus set to stay with battery makers’ help Global lithium surpluses expected to persist through 2027. Reuters | December 10, 2024 | 7:26 am
Nornickel says sees global nickel surplus of 150,000t in 2024-2025 The company said it expects the palladium market to reach balance in 2025. Reuters | December 10, 2024 | 7:16 am
Gold price could extend record run into 2025, Heraeus says Heraeus expects gold prices to range from $2,450 to $2,950 per ounce in 2025. Reuters | December 10, 2024 | 7:11 am
Polyus says sanctions will double cost of Siberian gold deposit The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions. Reuters | December 10, 2024 | 7:07 am
South32 pulls Mozambique smelter forecast amid unrest Transport of raw materials to Mozal Aluminum is currently being blocked by Presidential election-related civil unrest. Cecilia Jamasmie | December 10, 2024 | 3:57 am