Metals drop on higher dollar; traders weigh China lending help The reductions in two key rates were larger than economists had expected. Bloomberg News | October 21, 2024 | 7:04 am
Zambia pursues deals with investors to develop mining permits The nation has an ambitious plan to more than quadruple production by early next decade. Bloomberg News | October 21, 2024 | 6:35 am
Heavy Rare Earths to acquire uranium assets from Havilah It has agreed to purchase an 80% interest in these three projects by investing A$3 million ($2m) over three years. Staff Writer | October 21, 2024 | 5:07 am
Sandvik lags Q3 profit forecast as non-mining units face weak demand Sandvik is considered a reliable indicator of demand given its broad customer base. Reuters | October 21, 2024 | 4:24 am
Gold price hits fresh record, silver at 12-year high Gold futures may rise to average $3,000 an ounce in the fourth quarter of 2025, analyst said. Bloomberg News | October 21, 2024 | 4:19 am
Liability trial for BHP in Samarco dam collapse begins in London BHP faces a potential $47 billion payout in damages over the 2015 Mariana dam disaster, as a 12-week trial kicks off. Cecilia Jamasmie | October 21, 2024 | 3:26 am
Peru’s Chinese-built mega port to soft launch in late November with Shanghai route Cosco Shipping Ports owns and will operate the port with a 60% stake, with 40% held by Peruvian miner Volcan, which is controlled by Glencore. Reuters | October 21, 2024 | 2:10 am
World’s top ruby mine in Mozambique stormed after ‘fake’ notice About 300 people invaded a pit at the Montepuez ruby mine in northeastern Mozambique on Sunday. Bloomberg News | October 20, 2024 | 4:49 pm
Australia’s MinRes probes payments to tycoon founder Chris Ellison, who has a large stake in the miner, said that the company set up offshore entities more than 20 years ago that supplied Mineral Resources with mining equipment. Bloomberg News | October 20, 2024 | 4:46 pm
