Gold rush to endure through 2024, though $3,000 mark may prove elusive

Spot gold is trading around $2,300 per ounce after hitting a record $2,449.89 on May 20.

Reuters | June 12, 2024 | 7:20 am

Gold rush grips Asia despite near-record prices

Retail investors have been pouring money into the safe-haven asset, with the metal finding increased acceptance among younger buyers.

Reuters | June 11, 2024 | 4:52 pm

Anglo Asian nets $5 million prepayment from Trafigura for copper sale

Anglo's Azerbaijan-based subsidiary will receive $3 million immediately and a further $2 million upon resumption of flotation processing.

Staff Writer | June 11, 2024 | 8:12 am

Indonesia considers terminating permits for some nickel pig iron production

The world's biggest nickel producer is experiencing a rapid depletion of ore after a surge in downstream investment.

Reuters | June 11, 2024 | 7:48 am

Vale Indonesia says Febriany Eddy reappointed as CEO as MIND ID deal approaches

Eddy will be on the new board of directors from the closure of MIND ID transactions, expected this month, until 2027.

Reuters | June 10, 2024 | 6:55 am

China, Pakistan agree to strengthen mining cooperation

Pakistani Prime Minister visited Beijing in a bid to upgrade cooperation under the multi-billion dollar China-Pakistan Economic Corridor, a key part of Beijing's Belt and Road Initiative.

Reuters | June 9, 2024 | 9:14 am

Existing fossil fuel projects enough to meet energy demands while world transitions to net zero – study

Researchers recommend that governments legislate to ban new fossil fuel projects.

Staff Writer | June 9, 2024 | 8:34 am

India’s climate dilemma will hang over Modi’s next five years

Narendra Modi has cast himself as climate champion but coal still accounts for roughly three-quarters of output in India and its use continues to rise.

Bloomberg News | June 8, 2024 | 11:43 pm

Nippon Steel executive saw positive reaction from US Steel workers and others

Nippon Steel Vice Chairman Takahiro Mori returned to the US in an effort to close the deal amid growing regulatory scrutiny and political opposition.

Reuters | June 8, 2024 | 7:41 pm

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Metals-rich Kazakhstan seeks niche in battery supply chain

Indonesia’s Adaro plans $2.5 billion coal sale in green turn

Lithium world asks if surprise mine shutdown can arrest slump

Vedanta plans to expand nickel sulphate production to tap overseas demand

Iron ore price soars to over one-week high on upbeat seasonal demand outlook

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