by Gordon Barratt | Oct 16, 2024 | News
The price of gold is expected to rise to $2 941 a troy ounce over the next 12 months from the current $2 661, delegates to the London Bullion Market Association’s annual gathering predicted on Tuesday. A poll of delegates at the LBMA conference in Miami also...
by Gordon Barratt | Oct 16, 2024 | News
Global mining giant Rio Tinto has reported consistent iron-ore production from its operations in Australia’s Pilbara, with third-quarter output increasing by 1% to 84.1-million tonnes. The company also achieved a significant milestone at its bauxite operations, with...
by Gordon Barratt | Oct 16, 2024 | News
Porter Group has been appointed as the official distributor for Sandvik crushing equipment in New Zealand. As a new distributor, Porter Group will lead the sales and service of Sandvik’s range of crushers and provide aftermarket care to customers consisting of spare...
by Gordon Barratt | Oct 16, 2024 | News
Evolution Mining has started the 2024–25 financial year strongly, delivering high-margin cashflow growth. Evolution produced 193,554 ounces of gold and 19,059 tonnes of copper in the September quarter, with an all-in sustaining cost (AISC) of $1569 per ounce,...
by Gordon Barratt | Oct 16, 2024 | News
Coal consumption is predicted to continue a months-long downward trend this fall, though it should still account for around a sixth of total U.S. power generation through the end of 2025, according to the U.S. Energy Information Administration. Per the latest...
