Shares Drop, Gold Surges as Trump Trades Weigh on Markets
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 12, 2025. Wedoany.com Report-Feb 21, Global equity markets fell while gold prices surged on Thursday, ...
Agnico to Match Barrick’s Output, May Become World’s Second-Largest Gold Producer
Agnico Eagle is now considered to be Canada’s largest mining company by market capitalisation. Wedoany.com Report-Feb 18, Agnico Eagle Mines is reportedly on track to become the world’s s...
Mongolia to Increase Coal Exports to China to 100MT in 2025
The countries agreed to establish a new cross-border rail link to augment coal export capacity by 30mt. Wedoany.com Report-Feb 18, Mongolia intends to bolster its coal exports to China by nearly one-...
Gold Price Rebounds to $2,900 on Softer Dollar, Tariff Threats
Wedoany.com Report-Feb 18, Gold recovered from the biggest intraday decline in two months, returning to the key $2,900 level, as fears of an impending trade war continue to support safe-haven demand. ...
Toyo Engineering Awarded Contract for Angola’s First Urea Fertilizer Plant
Wedoany.com Report-Feb 14, Toyo Engineering Corp. (Tokyo) has been awarded a project to license its proprietary urea technology to Amufert S.A. (Amufert), a joint venture fertilizer company in the Rep...
Barrick’s Gold Reserves Rise in 2024 on Reko Diq Project
Barrick Gold’s Reko Diq project in Pakistan. Wedoany.com Report-Feb 7, Canadian miner Barrick Gold’s (TSX: ABX) overall proven and probable gold reserves jumped 23% to 17.4 million ounces ...
Mongolia Trades 36.7 Million Tons of Coal in 859 Transactions Through Mongolian Stock Exchange
Wedoany.com Report-Jan 20, Minister of Industry and Mineral Resources Tuvaan Tsevegdorj presented a report about the issuance of mineral exploration licenses, the benefits of the mining sector, as we...
TMK Doubles Gas Outflow by Adding Three New Mongolian Wells
Wedoany.com Report-Jan 13, TMK Energy’s Gurvantes XXXV coal seam gas project in Mongolia has all six of its pilot production wells flaring after the recent addition of three new wells, doubling ...
Parliament Discusses Additional Loan Agreement for Mongolian Oil Refinery
Wedoany.com Report-Jan 15, The Standing Committee on Economics of the Mongolian Parliament discussed the draft loan agreement between the government of Mongolia and the Export-Import (Exim) Bank of In...
Angola’s Faster February Oil Sales Signal Better Demand in Asia
Wedoany.com Report-Jan 10, The pace of sales for February-loading Angolan oil is faster than the last couple of months, with only 20-30% of next month’s supplies still seeking buyers. Only five-...