Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
Risk-on greater reason for record-high Q2 gold price than interest rate decline
Glencore returns $9.3bn to shareholders, highlights transition metals and recycling
And, AngloGold’s top-tier Africa assets brought to fore, emissions cut using renewables
The all-time-high second-quarter gold price is less about the forecast decline in interest rates and more about risk-on amid global economy wrestling and world deglobalization.
Barrick president and CEO Dr Mark Bristow...
In addition to the interim dividend of $2.8-billion, diversified mining company Glencore announced a top-up of $2.2-billion, which lifted this year’s total announced shareholder returns to $9.3-billion.
Glencore CEO Gary Nagle...
Four out of the five top-tier gold-mining assets of AngloGold Ashanti are in Africa. As the cornerstones of the company, these tier 1 mines are in Tanzania, in Ghana, and in the Democratic Republic of Congo.
AngloGold CEO Alberto Calderon...
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