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Top Miningmx News

Gold, Silver Extend Declines After Dramatic Reversal of Rally — REUTERS / LEONHARD FOEGER

Gold · United States

Gold, Silver Extend Declines After Dramatic Reversal of Rally

41% Center coverage: 52 sources

Gold and silver prices have continued to fall after a dramatic reversal of a rally that had pushed precious metals to record highs. In Asia trade on Monday, spot gold prices fell more than 9% to $4,403 (£3,222) an ounce, while silver slumped by 15% to less than $72 an ounce.See the Story

Glencore Close to Appointing Citi as Adviser for Rio Tinto ...

Glencore Close to Appointing Citi as Adviser for Rio Tinto ...

Coverage: 2 sources

Institutional investors are favouring Rio Tinto’s London-listed shares at the expense of its Australian stock ahead of a possible merger with Glencore.See the Story

Zimbabwe Court Rules Impala Platinum Not Liable for Royalty

Zimbabwe · Zimbabwe

Zimbabwe Court Rules Impala Platinum Not Liable for Royalty

100% Left coverage: 1 sources

Zimbabwe’s High court said Impala Platinum Holdings Ltd.’s local unit is not liable to pay mining royalties of $7.1 million on exports matte and concentrates.See the Story

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