Dundee Precious extends Chelopech mine life in Bulgaria to 2032 The mine is expected to remain in production to 2032. Staff Writer | November 29, 2023 | 11:23 am
Gold price inches closer to record high as bets for Fed pivot beef up Gold has rallied more than 11% since early October, initially fueled by haven buying in the wake of the Israel-Hamas conflict. Bloomberg News | November 29, 2023 | 10:44 am
Brazil authorities expect Mariana dam disaster deal to close in December According to the newspaper O Tempo, the compensation is expected to exceed that of the Brumadinho disaster, for which Vale paid $7.72 billion. Staff Writer | November 29, 2023 | 10:33 am
Implats to restart platinum mine after fatal accident The company said it will resume production at its Rustenburg operations on Thursday. Bloomberg News | November 29, 2023 | 10:22 am
Ivanhoe Electric JV kicks off Saudi exploration campaign The joint venture has exclusive access to approximately 48,500 square kilometres of land on the Arabian Shield. Staff Writer | November 29, 2023 | 9:32 am
Electric car makers can stop worrying so much about lithium Lithium’s price slump over the past year has been as dramatic as its climb — and it’s probably not finished yet. Bloomberg News | November 29, 2023 | 7:54 am
Boliden warns of lower Q4 copper ore throughput at Aitik mine Guidance for copper and gold content was not affected by the production disruptions. Reuters | November 29, 2023 | 7:47 am
LME triumphs in lawsuit over cancelled nickel trades Hedge fund Elliott Associates and market maker Jane Street Global Trading brought the case after LME cancelled $12 billion in trades in 2022. Reuters | November 29, 2023 | 7:43 am
Sibanye-Stillwater cuts about 300 US platinum jobs to lower costs The precious metals producer will have to let go about 100 employees and approximately 187 contract workers. Cecilia Jamasmie | November 29, 2023 | 6:22 am