Page 108 - Min News Today

Gold eased on Monday, hovering near a two-week low, weighed down by a firmer dollar and expectations that rising inflation might push the Federal Reserve to accelerate its monetary policy tightening.

China's magnesium exports in October rose almost 44% from September to their highest level in 19 months, customs data showed, soothing fears of tight supply of the metal as production recovers.

Mexican President Andres Manuel Lopez Obrador said on Monday he proposed a plan last week to boost investment in North America to reduce reliance on foreign imports in his talks with U.S. President Joe Biden and Canada's Prime Minister Justin Trudeau.

A miner was killed early on Sunday at an open-cut coal mine operated by Coronado Global Resources (CRN.AX) in central Queensland in Australia, a spokesperson for the company said.

Sudan's military plans to reinstate ousted Prime Minister Abdalla Hamdok following weeks of unrest triggered by a coup, Fadlallah Burma Nasir, the head of the Umma Party, told Reuters.

Gunmen killed a policeman and kidnapped five Chinese nationals near a mine in southeast Democratic Republic of Congo overnight, a local official and an army spokesman said on Sunday.

China's daily coal output has stabilised at 12 million tonnes, amid a raft of measures to ramp up power production, the country's state planner said on Sunday.

Chile's Antofagasta, one of the world's largest copper producers, said on Saturday it was "concerned" by rising political uncertainty in the Andean country, which is set for a polarized presidential election this weekend.

Peruvian Prime Minister Mirtha Vasquez sparked a controversy with the key mining sector on Friday night, saying a group of four mines in the Andean Ayacucho region would not be allowed any extensions on their operational timelines.

Democratic Republic of Congo President Felix Tshisekedi has demanded a ban on issuing and trading mining permits until the country's mining registry has been audited, a measure aimed at combating fraud within the sector.