Latin America has emerged as one of the most dynamic regions for construction and mining activities. Growing infrastructure investments, rapid urbanization, and government initiatives for road development have fueled the demand for aggregates across the region. With this demand comes ...
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Gold nears record $3,600/oz level as weak US jobs data fuels rate-cut bets
A goldsmith weighs gold jewellery inside a showroom in Ahmedabad, India, July 31, 2025. REUTERS/Amit Dave/File Photo Gold’s powerful rally took on fresh legs on Friday, with prices just cents away from $3,600 per ounce, as weak U.S. jobs data ...
Goldman Sachs sees gold prices surpassing $4,000 if investors ramp up buying
Goldman Sachs said gold prices could surge well above its $4,000 per troy ounce baseline by mid-2026, should private investors diversify more heavily into the metal. Spot gold prices hit a record high of $3,578.50 per ounce on Wednesday on expectations ...
ArcelorMittal's talks to sell South African unit stall over valuation, Bloomberg News reports
Steelmaker ArcelorMittal’s talks to sell its South African unit to state-owned Industrial Development Corporation have stalled over valuation differences, Bloomberg News reported on Thursday, citing people familiar with the matter. While the parties may still reach an agreement on the ...
The main components of capital expenditure (CAPEX) in mining projects.
Capital expenditures (Capex) are the money that businesses set aside to buy, improve, and maintain physical assets such as real estate, machinery, or technology. These investments are vital for increasing operational capacity and guaranteeing long-term financial gains [1]. In mining ...