02 Nov 2026 - Tech Rout Drives Gold to One-Year Low

Top Gainers

Top Losers

Do you want exclusive access to future capital raises and investment opportunities?

Registration is not an application for securities and does not guarantee participation in any offer. Any offer is made separately by the issuer or an appropriately authorised party.

Rio Tinto

Rio Tinto is progressively restarting underground operations at its Oyu Tolgoi copper mine in Mongolia after completing safety reviews. A seismic event on 29 October caused a localised rockfall in a temporary storage zone next to the production area, with no structural impact on the cave or its operating infrastructure. Two employees continue to receive treatment for non-life-threatening injuries.

Newswire

Canada and the EU launched the Canada-EU Alliance for the Future at their 21st Summit in Montréal on 30 October. Canada and the European Investment Bank concluded negotiations on an agreement to facilitate European investment in Canadian critical raw materials. Leaders also committed to explore stockpiling of critical resources and joint raw materials projects in third countries.

Cameco

Cameco posted third-quarter net earnings of C$43 million and adjusted EBITDA of C$267 million, with results lower year on year on reduced Westinghouse equity earnings and an extended Key Lake mill maintenance outage. It narrowed 2026 production guidance to 19.5 million to 20.5 million pounds of U3O8, from up to 21.5 million pounds previously. The board declared an annual dividend of C$0.24 per share, payable 15 December.

MarketScreener

Fluor Corp is part of the Meridian Mineral Holdings consortium bidding to develop Kenya's Mrima Hill critical minerals deposit, after two Chinese companies withdrew from the process. Five contenders lodged tenders on 21 October, including an Australian consortium of RareX and Iluka Resources. Kenya's mining minister said the winning bidder would be named within three weeks.

Business Wire

Buenaventura's third-quarter net income rose 50% year on year to US$268.4 million, with EBITDA from direct operations up 34% to US$261.2 million. Processing at San Gabriel was constrained for most of the quarter during tailings filtration reinforcement work, resuming in the final week of September. The company ended the quarter with US$1,000.6 million in cash and a net cash position of US$307.3 million.

Abenójar Tungsten

Spanish developer Abenójar Tungsten listed on the London Stock Exchange's Main Market on 30 October after raising €170 million in its IPO. Proceeds will fund its El Moto tungsten and gold project in Ciudad Real, where construction began in June 2026 and first production is targeted for the first quarter of 2029. El Moto is expected to produce about 4,227 tonnes of contained WO3 a year at steady state, up to 20% of Europe's tungsten demand.

HKEXnews

Yancoal Australia has renewed its framework coal sales and purchase agreements with Glencore for three years from 1 January 2027, with confirmation from controlling shareholder Yankuang Energy received on 30 October. Annual caps on coal sales to Glencore are set at US$750 million for 2027, then US$500 million in 2028 and US$550 million in 2029. The 2027 cap reflects a higher likelihood of Glencore spot purchases amid market instability from the Middle East conflict.

Emol

Codelco's board dismissed eight executives and professionals over irregularities in production reporting, following internal audits and reviews by KPMG and EY of 2024 and 2025 records. Those dismissed span the Chuquicamata, Ministro Hales and Salvador divisions and head office, including Salvador general manager Patricio Viveros. Mining committee chair Cristián Tapia said the case involved an overstatement of about 27,000 tonnes across Ministro Hales and Chuquicamata and called for criminal action.

Capital Brief

Environment Minister Murray Watt confirmed the federal government will not appeal the Federal Court ruling that overturned the Section 10 heritage protection order over Regis Resources' McPhillamys Gold Project near Blayney, NSW. The government will instead redetermine the matter, with two new Aboriginal protection applications lodged since the 14 October ruling. Watt said he has no personal problem with the project going ahead.

Economic Times

India's coal-fired generation rose 25.7% year on year in October, its fastest pace in three years, lifting coal's share of total output to 71.7% from 66.03% in September. Hydropower generation fell 26% on weaker rainfall linked to El Niño, the steepest drop since February 2024. At one point in the month, 100 of India's 191 coal-fired plants were running on critically low fuel stocks.