Mining-focused buyout firm Appian raises $2 billion for new fund

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PLUS: Gold Fields names new CEO | Gold price at weekly high | Chinese copper tycoon goes missing

October 9th, 2023 MINING NEWS DIGEST   Mining-focused buyout firm Appian raises $2 billion for new fund "This is the first fundraising we have done where mining is seen as part of the solution than being the problem itself," says founder.   Gold Fields names Mike Fraser as CEO, says strategy unchanged Analysts at BMO Capital Markets said some investors might have preferred Gold Fields' interim CEO Martin Preece being made permanent.   Gold price hits weekly high on Middle East tensions Bullion started to rally on Friday after last week approaching its lowest level since March.   Chinese copper tycoon goes missing, believed to be detained by police He Jinbi and his company Maike Metals have been the focus of legal action by creditors.   JV Article: Novo Resources digs into the Pilbara Western Australia's Pilbara region is traditionally known for its massive iron ore deposits. But over the last 10 years, exploration for gold […]   Copper Study Group expects big supply surplus in 2024 Production is forecast to exceed usage by 467,000 metric tons in 2024, a significant upward revision from the expected 297,000 metric ton surplus from April.   US chemicals company develops portfolio of catalysts to solve materials challenge in hydrogen Mattiq leveraged AI technology in the "world's most comprehensive study of iridium alternatives".   Iron ore billionaire's lithium raid leaves investors guessing "Investors seem keen to know Rinehart's plan," Seth Goldstein, an equity strategist at Morningstar, said.   Rio Tinto expects slightly higher Pilbara iron ore shipment in 2024 Its Pilbara shipments guidance is unchanged for 2023 and remains in the upper half of the 320 million to 335 million ton range.   China's Ganfeng Lithium closes Xinjiang venture Xinkuang Ganfeng Lithium was established last year for mining exploration but never started operations.   Fortescue secures initial renewable energy for Gibson Island project The agreement will also underpin the development of a new renewable energy project in North Queensland.   Codelco 2024 copper premium offer matches 2023's record $234/t for European customers Russia was previously a major supplier of copper to the European Union.   LME looking at fee structure to address cheaper OTC trading The LME has said that the market would benefit from more trading migrating to its electronic platform.   Mexican president exhorts American company to settle after mine closure Andrés Manuel López Obrador repeated his accusations against Vulcan Materials for allegedly causing an environmental disaster in Quintana Roo.   Loulo-Gounkoto to remain among world's top 10 gold producers – Bristow Mark Bristow said the Malian mine is on track to meet this year's guidance.     You are receiving this email because this email was subscribed to the MINING.com News Digest List. You may manage your subscription, or unsubscribe at any time. This email was sent to you by MINING.COM Copyright © 2023 . All rights reserved.