Trafigura targeted by US and Swiss over corruption

The company faces charges for allegedly bribing officials in Angola and has also revealed a US probe into "improper payments" in Brazil.

Bloomberg News | December 6, 2023 | 7:33 am

Newmont pours 8,000th gold bar at Musselwhite mine

The Canadian operation, which started commercial production in 1997, churned out 173,000 ounces of gold last year.

Cecilia Jamasmie | December 6, 2023 | 6:14 am

New approach aims to detoxify artisanal gold mining

A new approach to detoxifying artisanal gold mining aims to help miners keep their livelihoods while reducing associated health risks.

Staff Writer | December 6, 2023 | 5:10 am

Rescuers pull out first survivor of Zambia landslide that trapped 38 miners

On Dec. 1 a landslide inundated an open-pit copper mine and trapped at least 38 people who were working there without a permit.

Reuters | December 6, 2023 | 5:06 am

Gold Royalty invests $31 million in Aura Minerals project in Brazil

Financing is composed of a $21 million net smelter return royalty over the Borborema project, and a $10 million gold-linked loan.

Staff Writer | December 6, 2023 | 3:53 am

Hudbay’s plan to boost Copper Mountain output comes at a cost

The new 21-year mine plan includes operational enhancements such as remobilizing idle haul trucks, opening additional mining faces, and accelerating stripping to access higher-grade ore.

Staff Writer | December 5, 2023 | 5:52 pm

Young Chinese spurn traditional investments in favour of gold

The trend underscores heightening uncertainty about growth prospects in the world's second-largest economy.

Reuters | December 5, 2023 | 3:15 pm

Copper futures dragged down by China’s credit downgrade

Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns over debt levels in the world’s largest consumer.

Bloomberg News | December 5, 2023 | 3:05 pm