News in Numbers

$30bn–$132bn

The cost in value destruction that extracting metals from the seabed could cost the mining industry, according to a report by non-profit Planet Tracker.

$2,141

The price of gold per ounce hit $2,141 on 5 March beating the previous record of $2,135 set in December 2023.

150%

Shares in Resource Mining traded 150% higher on 12 March after the company announced significant copper-gold discoveries at its Tanzania project.

3%

Australian gold production dipped 3% last year, according to gold mining consultant Surbiton Associates. 

$2.2bn

The value of Alcoa’s deal to acquire Australia-based joint venture (JV) partner Alumina.