Congolese NGOs decry mining in main refuge of ‘Africa’s unicorn’ Illegal gold mining is destroying tracts of pristine rainforest in Congo's Okapi Wildlife Reserve, environmental organizations warned on Tuesday. Reuters | October 18, 2022 | 11:43 am
Copper price falls on recession fears, China covid-19 curbs A sharp increase in ShFE copper inventories also dented sentiment. MINING.COM Staff Writer | October 18, 2022 | 10:14 am
Probe Metals finds ‘remarkable consistency’ at Val-d’Or gold project’s Monique Highlights from the results of 45 new holes showed continued strike and depth expansion with significant gold intercepts along the Monique gold zones. Staff Writer | October 18, 2022 | 10:08 am
Codelco sets record benchmark copper premium for Europe, sources say The world's biggest copper miner has agreed a record benchmark premium for European buyers at $234 a tonne for 2023, up 83% from this year. Reuters | October 18, 2022 | 9:30 am
Sasol, ArcelorMittal to jointly explore green hydrogen, carbon capture projects Sasol is the world's biggest producer of fuel products and chemicals from coal, but is transitioning away from the fossil fuel. Reuters | October 18, 2022 | 9:07 am
Gold price pares gains with focus on rates outlook and recession risks Bullion has had a wild ride this year, tumbling almost 20% since a March peak as the Federal Reserve aggressively tightened monetary policy. Bloomberg News | October 18, 2022 | 8:45 am
India’s festival gold sales to shine less brightly this year Demand for gold jewelry, coins and bars typically peaks in the world’s second-biggest consumer over October to December. Bloomberg News | October 18, 2022 | 8:39 am
Mayfair Gold expands resources at Fenn-Gib deposit in Ontario Fenn-Gib now hosts a pit-constrained indicated resource of 118.1 million tonnes at 0.81 g/t for 3.06 million oz. of contained gold, representing a 47% increase over the previous estimate. Staff Writer | October 18, 2022 | 8:20 am
Bankers told they can ignore binding fossil-finance restrictions Efforts to reassure bankers that they can continue to finance oil, gas and even coal, come less than a month before the COP27 climate summit in Egypt. Bloomberg News | October 18, 2022 | 7:58 am
