(Kitco News) - Anglo American (LSE: AAL), one of the world's largest mining companies, said today that on a copper equivalent basis, its 2023 production is expected to increase by c.3% due to Quellaveco copper ramp-up and “solid” iron ore production, with unit costs up c.5%.

(Kitco News) - Swiss commodity group Trafigura said today that for the financial year ending 30 September 2023, its net profit increased by 5% y-o-y to USD7,398 million, up from USD7,026 million a year earlier, with strong underlying contributions recorded across all the group.

(Kitco News) - Politicians are pushing back on their climate change targets due to higher-than-expected costs, said Matt Fernley, managing director at Battery Materials Review.

(Kitco News) - Gold and silver prices are posting strong losses near midday Friday, in the aftermath of a U.S. jobs report from the Labor Department that suggests the U.S. economy is presently in a pretty good spot.