Canada gold output jumps 22% as global supply slips
Canadian gold production jumped 22% in the third quarter as new mines increased output, outpacing global growth even as rising costs made ounces more expensive…
Asia
Rio begins Oyu Tolgoi copper restart after rockfall
Rio Tinto (ASX, LSE, NYSE: RIO) said it’s progressively restarting underground operations at Mongolia’s Oyu Tolgoi mine a day after a seismic event triggered a…
Complexity tops mining risks for 2027 in EY survey
Ageing mines and harder-to-process deposits are making production less predictable as financing and supply chain pressures mount, according to EY’s latest mining risk survey. EY’s…
China border checks cut Oyu Tolgoi exports by 70%
Copper concentrate exports from Rio Tinto’s (NYSE, LSE, ASX: RIO) Oyu Tolgoi mine in Mongolia have dropped about 70% over the past two weeks because…
Gold dip draws Asian buyers as North American funds lose cash
Lower gold prices are lifting Indian bullion premiums and Chinese trading activity as North American investors withdraw money from gold funds, BMO Capital Markets said…
Freeport trims copper sales outlook as Grasberg recovery advances
Freeport-McMoRan (NYSE: FCX) cut its copper sales forecasts for this year and next while reaffirming the recovery timetable for its Grasberg operation in Indonesia. Consolidated…
Millennial Potash eyes bigger US-backed Gabon mine
Millennial Potash (TSXV: MLP) plans to begin building its United States-backed Banio potash project in Gabon by late 2027 or early 2028, potentially at a…
China Gold restarts mine after instability halt
China Gold International Resources (TSX: CGG; HKEX: 2099) has resumed open-pit mining at its Chang Shan Hao (CSH) gold mine in Inner Mongolia after a…
Digital gold could triple by 2031, WGC estimates
Digital gold could bring $95 billion (C$135 billion) in new money into bullion by 2031 if providers can win investors’ trust, the World Gold Council…
China steps up gold buying as jewelry demand fades
China’s central bank bought more gold in September than in any month for almost three years, accelerating its bullion accumulation as the country’s jewelry market…
Erdene eyes 2031 start for $687M Mongolia moly project
Erdene Resource Development (TSX: ERD; US-OTC: ERDCF) could bring its $687-million (C$976-million) Zuun Mod molybdenum-copper project in Mongolia into production within five years under an…
World’s biggest manganese producer faces China cost hurdle in battery push
South Africa, the world’s largest manganese producer, is expanding into battery materials but needs buyers willing to pay more than Chinese suppliers charge. Privately held…