First Quantum shares extend slide, company says committed to rule of law

The new reduction is significant for a market where — despite the recent price fluctuations — supply was looking tight for the latter part of the year.

Barrick Gold’s executive chairman John Thornton said the company more than replaced the gold reserves it mined in 2022.

Chile, which accounts for a quarter of the world’s mined copper, posted its lowest monthly production in six years on Friday.

The world's largest copper producer said its yearly production is down 10.6%.

Earlier this month, agents dismantled illicit mines in Canaa dos Carajas, near Vale’s Sossego mine.

By integrating traceability in gold sourcing and processing, Fênix DTVM and Minespider have delivered the first fully traced gold bar.

First Quantum will acquire a 55% stake in the project for $105 million, making it the majority owner.

Currently, gold is sold with paper receipts based on the "good faith" of the seller, making it impossible to trace its origin.

Power data from Peru's private power sector body COES shows activity at Peru's top mines has stabilized since early March.