Chinese copper tycoon goes missing, believed to be detained by police He Jinbi and his company Maike Metals have been the focus of legal action by creditors. Bloomberg News | October 9, 2023 | 10:30 am
Gold price hits weekly high on Middle East tensions Bullion started to rally on Friday after last week approaching its lowest level since March. Staff Writer | October 9, 2023 | 10:21 am
China’s Ganfeng Lithium closes Xinjiang venture Xinkuang Ganfeng Lithium was established last year for mining exploration but never started operations. Reuters | October 9, 2023 | 9:57 am
Rio Tinto expects slightly higher Pilbara iron ore shipment in 2024 Its Pilbara shipments guidance is unchanged for 2023 and remains in the upper half of the 320 million to 335 million ton range. Reuters | October 9, 2023 | 9:33 am
Copper is top bet for base metals in 2024 at LME seminar Copper got 53% of votes in an informal poll at the LME Seminar. Reuters | October 9, 2023 | 9:27 am
Mining-focused buyout firm Appian raises $2 billion for new fund “This is the first fundraising we have done where mining is seen as part of the solution than being the problem itself,” says founder. Bloomberg News | October 9, 2023 | 9:14 am
Gold Fields names Mike Fraser as CEO, says strategy remains unchanged Analysts at BMO Capital Markets said some investors might have preferred Gold Fields' interim CEO Martin Preece being made permanent. Reuters | October 9, 2023 | 9:03 am
Loulo-Gounkoto to remain among world’s top 10 gold producers – Bristow Mark Bristow said the Malian mine is on track to meet this year’s guidance. Staff Writer | October 8, 2023 | 12:08 pm
Metal trader misery undercuts supercycle hype as losses pile up The world’s metal traders are enduring one of their toughest periods in years. Bloomberg News | October 8, 2023 | 11:35 am