Gold price soars to new high with Powell speech around the corner The latest rally takes bullion's gain this year to more than 22%. Staff Writer | August 20, 2024 | 9:12 am
China’s gold imports tumble again as record prices deter buyers Gold imports in July fell 24% to 44.6 tons, the lowest in more than two years. Bloomberg News | August 20, 2024 | 8:56 am
E3, Pure Lithium to test production of lithium metal batteries from Alberta brine The companies will assess the technical and economic criteria of a commercial lithium metal battery facility. Staff Writer | August 20, 2024 | 8:46 am
Coal-rich Indian state to pass mining tax after court ruling A sum of 100 rupees ($1.19) a ton will be levied on coal and iron ore production once it’s passed. Bloomberg News | August 20, 2024 | 7:51 am
Antofagasta’s half-year profit up on strong copper prices In July, the company said full-year copper output from its four mines in Chile would be at the lower end of its guidance range. Reuters | August 20, 2024 | 7:37 am
Heavy rains to threaten 25% of copper projects by 2050 Verisk Maplecroft predicts that by mid-century, a quarter of global copper projects will be affected by extreme precipitation. Cecilia Jamasmie | August 20, 2024 | 5:47 am
Arab Gulf States double down mining efforts The Arab Gulf states, particularly Saudi Arabia and the UAE, are intensifying their focus on the mining sector to secure their economic futures. Jamil Hijazi | August 20, 2024 | 5:36 am
Anglo American to receive coal bids in September The sale process includes the Grosvenor and Moranbah North mines along with three smaller mines in Queensland. Cecilia Jamasmie | August 20, 2024 | 4:02 am
BHP’s quick strike fix sets tone for labor talks amid copper rally Analysts say BHP's quick fix to a recent six-day strike at its huge Escondida copper mine in Chile could set the tone for upcoming negotiations elsewhere. Reuters | August 20, 2024 | 3:36 am