Roy Hill has awarded a $70m order to Epiroc to automate their mixed fleet, making it the world’s largest autonomous mine.
The contact involves driverless conversion of 96 haul trucks, including 54 Caterpillar and 42 Hitachi trucks, and future trucks.
Roy Hill
MACA has been awarded a mining contract with Atlas Iron at their McPhee Creek project in the Pilbara.
The tree-year project covers mine load and haul of up to 10million tonnes of iron ore per annum, and transportation to Roy Hill for processing.
Thiess Group executive and MACA CEO David Greig said “We’ve been working with Atlas for almost 15 years across our crushing, civil and mining businesses, and I look forward to working with them once again on the McPhee Creek Project.”
Atlas Iron
The West Australian Government and the Korea Institute of Geoscience and Mineral Resources signed a Memorandum of Understanding to research and develop the critical minerals chain.
The MoU was signed by Mines and Petroleum Minister Bill Johnston in the Republic of Korea as part of the State Government’s mission to promote the resource capabilities of WA.
In a statement announcing the partnership, the State Government said the MoU will further strength the relationship between WA and the Republic of Korea following the signing of a historic letter of intent by Mark McGowan on February 1.
“The letter of intent signed with MOTIE (Republic of Korea’s Ministry of Trade, Industry and Energy) recognises our strong strategic partnership with South Korea and charts a course for new opportunities into the future,” McGowan said.
“By signing an agreement with MOTIE, we are establishing a formal relationship to promote economic collaboration in the new energy and downstream processing sectors between Western Australia and South Korea.
The S&P/ASX200 dropped twice this week, dropping 102 points on Tuesday and 131 points on Thursday. The markets finished at 6,995 on Friday. Liontown Resources was the top performing stock on Friday, up 8.20%.
The All Ordinaries lost 161 points over the week, dropping on Tuesday and Thursday.
Gold had a good week, starting at $1,871.04USD, the price steadily increased throughout the week to $11933.43USD, following an upward incline since last week.
Silver had a slightly less stable incline over the week, slightly increasing from $20.80USD to $22.09USD.
Lynas has secured $200m in investments from Japan Australia Rare Earths through a subscription of ordinary shares.
Lynas CEO and managing director, Amanda Lacaze, said “JARE has been a valued and strategic partner to Lynas since 2011 and we welcome these new agreements which better reflect demand forecasts from the Japanese rare earths market.”
Lynas Rare Earths
MinRes has pledged $600,000 over 3 years to the Lion’s Healthy Hearing Outback Program for Aboriginal Children in the Pilbara.
The Lions Healthy Hearing Outback program is run by a conglomerate of health organisations, including Ear Science Institute Australia (ESIA), Rural Health West and the Puntukurnu Aboriginal Medical Service.
“MinRes is proud to partner with Ear Science to help expand this life-changing ear health service into some of Western Australia’s most remote communities,” MinRes managing director, Chriss Ellison said.
“Far too many Aboriginal children experience ear disease and hearing loss, and Ear Science Institute are at the forefront of reducing that devasting burden.”
Mineral Resources
GBM Resources and Novo Resources have signed a sale and Purchase Agreement for GBM to sell its remaining 50% interest in the Malmsbury Gold Project to Novo.
The sale includes cash of $1M plus 4,037,872 Novo Shares, representing $1.45m.
The S&P/ASX200 dropped sharply on Friday, dropping 166.4 points to 7,144.7, setting a 20-day low.
The All Ordinaries followed suit, dropping 166.2 points to 7,348.2 points on Friday.
Gold fell sharply on Wednesday, falling from $1,881.58 to $1,816.17 but recovered slightly on Friday to $1,834.35.
Silver dropped sharply on Tuesday, falling from $21.35 to end the week at $20.24.
The Federal Government has prevented Chinese company Yuxiao Fund from raising its stake in Northern Minerals on grounds of national interest.
Yuxiao Fund wanted to increase its holding from 9.92% to 19.9% but needed approval from the Foreign Investment Review Board.
Northern Minerals has been focused on fine-tuning its heavy rare earths processing system through a pilot plant, which could make the Western Australia-based miner one world’s first significant heavy rare earth producer outside of China.
Northern Minerals
The Department of Water and Environmental Regulation has ordered Alcoa to clean out the toxic pipeline it built over Samson Dam in Waroona without approval.
The US based company had already built the pipeline to move firefighting PFAS contaminated water over the dam before even applying for approval.
DWER found the pipeline did not meet the requirements to prevent leaks and its location made it at risk of damage by vehicles.
This news is the latest in a series of potentially disastrous environmental blunders by Alcoa: earlier in the week the WA Forest Alliance called in the WA Environment Protection Authority to review Alcoa’s plans to mine jarrah forests after fear their mines will endanger Perth’s water supply and last week the state government expressed concerns Alcoa mines posed a risk to 1/3 of Perth’s drinking water in Serpentine Dam.
Forest Alliance convenor Jess Beckerling said the risks from Alcoa’s mining warranted a full and transparent assessment of its cumulative impact.
“This is obviously a matter of major public concern,” she said.
“The expectation must be that current best-practice WA government policy and aspirations are applied and maintained, and that the safety of drinking water and the integrity of ecological function is protected.”
Anon via WA Today
Austral Gold has completed the sale of its Pinguino project to E2 Minerals, receiving $3.7M on Tuesday, with another $3.7M over the next 3 years.
Austral Gold’s CEO Stabro Kasaneva said “The transaction resulted in the immediate cash injection of US$2.5M to partially fund the development of the Heap Reprocessing project at our flagship Guanaco-Amancaya mine complex in Chile.”
Austral Gold
Enegex has entered into a sale agreement with Caravel Minerals to sell them a tenement of Walebing Project.
Tenement E70/5442’s 82.4km2 are located 122km northeast of Perth.
Enegex will retain 100% ownership of the remaining 3 tenements at the site.
Enegex Director, Rae Clark, said they are excited the transaction will “provide Enegex with exposure to Caravel’s exploration expertise through a royalty agreement.”
The S&P/ASX200 markets had a positive week, finishing at 7,284 points, 0.39% higher than Thursday. The top performing stocks were Liontown Resources, up 13.19%, and Ramelius Resources, up 5.58%.
Liontown was also the top performing stock in the All Ordinaries, the markets finished at 7,484 points.
Gold has made a swift recovery after a disappointing end to February. The week started at February’s lowest of $1,812.73USD before steadily climbing to $1,850.38USD.
Silver peaked on Wednesday at $21.35, stumbling on Thursday before recovering on Friday to $21.31.
Newcrest has rejected Newmont’s $24.45B takeover bid after week-long deliberation.
Newcrest’s board said it is still open to negotiations but thought the offer didn’t represent sufficient values for shareholders.
Newcrest Minerals
The missing men whose vehicle fell into a hole approximately 100 meters underground in the collapse in the Dugald River underground mine have died.
Trevor Davis and Dylan Langridge were found on Thursday evening by drones.
Perenti chief executive Mark Norwell said “This is a devastating outcome and I want to extend my deepest sympathies and condolences to the families, friends, colleagues and loved ones of Trevor and Dylan, both of whom should have come home safely from work yesterday.”
Mineral Resources has secured control of Norwest Energy after their voting power increased to 53.86% on Thursday.
Norwest recommended its shareholders accept Mineral Resources’ $497M offer which would give them 1 fully paid Mineral Resources’ share for every 1300 Norwest share.
Mineral Resources’ managing director, Chris Ellison said “I’m delighted that so many Norwest shareholders have already accepted our revised offer and that we now have majority control of Norwest.”
Norwest Minerals
Catalyst Minerals now has 88.1% voting power in Vango Mining from its takeover offer which was declared unconditional on Wednesday.
Vango shareholders will receive 5 fully paid Catalyst shares for every 115 Vango shares.
Catalyst Metals
The S&P/ASX200 markets have continued to fall this week, with some ups and downs throughout the week.
Starting at 7,425 points on Monday, it peaked on Tuesday at 7,477 points before falling to 7,338 points on Wednesday. The markets recovered again on Thursday at 7,421 points then fell again on Friday to 7,347 points.
The All Ordinaries spiked on Tuesday to 7,672 points but fell to 7,552 points on Friday.
Gold stayed stable though much of the week, before falling to $1,827.50 USD on Friday.
Silver was slightly less stable, slowly decreasing throughout the week to $21.66 USD.
Boss Energy has appointed James Davidson as general manager of its Honeymoon Uranium project and Jacobus van Rooyen as its construction manager.
Boss Energy managing director, Duncan Craib said James Davidson “has immense experience across project management and construction, with particular emphasis on uranium metallurgy and operations.”
Craib also said “Kobus is a team player, having held and achieved key senior roles as a multi-disciplined
construction manager, effectively managing resources to deliver small scale all the way through to mega project objectives and deliverables safely, on time and within budget, he will further bolster our team as construction at Honeymoon ramps up.”
Boss Energy
Oz Minerals saw an increase of total copper production in the December Quarter compared to the previous quarter, increasing 6,295 tonnes to 36,307 tonnes. Total gold production decreased from 56,334 ounces to 54,856 ounces.
Both copper and gold production of the FY2022 sat within the target figure – which was revised mid-year.
Managing Director and CEO, Andrew Cole said “A strong final quarter saw a 21 per cent lift in copper production, quarter on quarter, resulting in group production and cost guidance (revised mid-year) being met and creating positive momentum for 2023.
“We are pleased with how the team rest and recalibrated performance to end the year on a strong note after a challenging first half impacted by adverse weather, COVID-19 absenteeism, and supply chain disruption and inflationary pressure. The December quarter of 36,307 tonnes of copper is the highest group copper production on record.”
Iluka Resources has awarded SciDev a three-year contract for the supply of MaxiFlox chemistry, used for the treatment of mine site tailings to maximise water recovery and reduce the tailings footprint.
SciDev CEO, Seán Halpin said “Our ongoing relationship with Iluka reflects both the quality of our products and the skill set of our team.”
Iluka Resources
Liontown Resources has commenced open pit mining at its Kathleen Valley Lithium Project.
Iron Mine Contracting is providing open pit mining services at the site, including drilling; blasting; loading and hauling of ore and waste; hauling road construction; and pit dewatering services.
Liontown Managing Director and CEO, Tony Ottaviano said “Completion of the first blast and commencement of open pit mining at Kathleen Valley is a significant milestone for Liontown, signifying our transition from explorer to mining operator.”
Liontown Resources
The S&P/ASX200 markets have continued the strong increase from the start of the year, beginning the week at 7,492 points and finishing off at 7,558 points.
The All Ordinaries followed the same trend, setting a new 100-day high, and ending at 7,772 points.
Gold continues to stay around the highest its been since May, sitting at $1,919.07oz.
Silver started slow at $24.07oz and peaked at $24.47oz on Thursday but fell again at the end of the week to $23.75oz.
St Barbara Minerals released their December quarterly report this week, with disappointing results.
Consolidated gold production was down from 63,700oz in the September quarter to 60,976oz.
The Leonora operations saw a reduction of gold production from 34,078oz last quarter to 32,175oz. The December quarter from the year before produced 16,462oz more gold than this quarter.
The amount of gold sold was 32,634oz, down 2,712oz from last quarter and 22,966oz less than the same quarter last year.
St Barbara’s share price dropped 21.348% to $0.70 after the report was released on Wednesday.
St Barbara
Pilbara Minerals has appointed John Stanning as Chief Development Officer.
In the newly created position, stanning will over see Pilbara Mineral’s corporate development, growth and exploration functions.
Managing Director and CEO, Dale Henderson said “John brings an impressive track record of lithium sector experience and relationships across the value chain. We are looking forward to having John join our executive team and working closely with him to further our growth objectives as an emerging leader in the provision of sustainable battery materials products.”
Pilbara Minerals has awarded Primero Group a $62m contract for construction work at its Pilgangoora project.
The contract is for the construction of a primary rejection facility and preliminary works for a new crushing and ore sorting facility.
Located 120km from Port Hedland, the project is located at one of the world’s largest hard rock lithium deposits.
Pilbara Minerals managing director and CEO, Dale Henderson said “We look forward to working closely with Primero for the safe and successful delivery of this package, which will step-up our production run-rate to the next level with a total of
680 kilo-tonnes per annum of spodumene concentrate across the combined Pilgangoora operation.
“The successful completion of this project will further cement Pilbara Minerals’ position as
an emerging leader in the provision of sustainable battery materials products.”
Primero Group
Fortescue Metals has released its December quarter report for 2022, announcing record shipments.
Andrew Forrest said “The Fortescue team delivered our highest ever December quarterly shipments of 49.4 million tonnes, our best ever half year, grew the mineral and green energy business globally, strengthened our balance sheet, kept costs low, all while maintaining our excellent safety performance.”
Fortescue’s cash balance increased to $4B USD on 31st December 2022, compared to $3.3B USD for the September quarter.
Fortescue Metals
The S&P/ASX200 markets finished up on Friday at 7,493.8 points, setting a new 100-day high.
The week started at 7,435 points before gaining 0.56% through the week.
Megaport Limited and Liontown Resources were the top performing stocks, gaining 7.22% and 5.19% respectively.
The All Ordinaries closed up at 7,707.5 points.
The top performing stocks were 88 Energy Limited and Develop Global Limited, gaining 18.18% and 12.68%.
Gold peaked at $1,951.15USD on Wednesday, continuing a 9-month high, and rounding off the week at $1,928.82USD.
Silver stumbled at the start of the week, falling from $24.18USD to $23.79USD on Tuesday, before it rose again to finish off the week at $24.07USD.
Hancock Energy has increased its offer to buy Warrego Energy from $0.28 cash per share to $0.36 cash per share, totalling $447m if the offer is approved.
Three of the Four Warrego directors have recommended shareholders accept the deal over an offer made by Strike Energy, offering one Strike share for every Warrego share.
Hancock Prospecting
Great Western Exploration will extend its Firebird Gold Project after gold anomalism was found at their Greenstone Belt site, located near Wiluna.
The announcement saw a 4% share price increase for Great Western Exploration to $0.052.
Fortescue CFO Ian Wells has announced his resignation in order to spend time with family and friends.
Wells is the ninth executive in two years to resign, not long after Guy Debelle resigned in November last year.
Wells said that despite his resignation, “Fortescue is in a strong position to be able to deliver on short-, medium- and long-term growth options through the Iron Bridge magnetite project, Fortescue’s decarbonisation, and FFI’s (Fortescue Future Industries) portfolio of opportunities.”
Fortescue Metals
Everest Metals Corporation’s share price jumped 20.87% to $0.110 per share after an initial drilling program at their Mt Edon mining lease saw positive pegmatite levels, causing EMC to push to exercise its exclusive farm-in option to acquire the right to 100% interest in the Mt Edon Project.
Chief Operating Officer, Simon Phillips said “EMC is pleased to announce its decision to exercise its right to farm into the Mt Edon LCT Pegmatite Project, subject to Shareholder approval. The company is pleased to have the opportunity to take the next step towards 51% ownership in a project with such an extensive array of pegmatite outcrops over six kilometres. The recent reconnaissance drill program gave EMC the data it needed to commit to the next stage of exploration at this highly fertile pegmatite field as part of the Company’s commitment to its Battery Minerals project development strategy”
Lithium Power International has commenced its drilling program at its East Kirup Lithium Prospect this week.
East Kirup is located in the Greenbushes region, Southwest of Collie.
LPI Executive Director, Andrew Phillips said ““The results of this drilling program will be used − along with previously completed environmental surveys − to prepare a CMP to allow drilling on new tracks, the commencement of phase three.
The intention is to hit the ground running in 2023, and we are pleased that the commencement of the program is so early in the year.”
The S&P/ASX 200 started off the week slow at 1,178 points before falling to 7,126 points on Wednesday. The market picked up again, increasing 202 points to finish off at 7,328 points.
The All Ordinaries finished at 7,540 points. The top performing stocks where Poseidon Nickle and Andromeda Metals.
Gold had a slow rise this week, starting at $1,882.00 USD and rounded the week off at $1,898.90 USD at the close of the ASX.
Silver was more turbulent, falling from $24.30 USD to $23.89 USD on Tuesday, raising again to $24.17 USD on Wednesday, then falling again on Thursday to $23.88 USD before finishing off the week at $23.94 USD.
A lot has happened in 2022 so we’ve compiled some of this year’s biggest mining news:
January
Rio Tinto expects the introduction of battery-electric powered trains in the Pilbara will help them halve their emissions by 2030.
They hope the trial will pave the way for its entire fleet of 220 diesel locomotives to go electric.
Fortescue Metals Group also plans to replace diesel-powered vehicles by 2030 in their plan to decarbonise.
Then FMG chief executive Elizabeth Gaines said to achieve carbon neutrality: “we will have to replace our mining fleet, our rail fleet, shipping, all of those areas that are mobile that rely on the use of diesel.”
Rio Tinto
February
Lynas has received approval from WA Environment Minister Reece Whitby to build $500m rare earths refinery at Kalgoorlie.
The plant is scheduled to begin production next year and is expected to create over 120 jobs.
Kalgoorlie-Boulder Mayor John Bowler said he hopes the plant will operate for decades: “This is the next big metal, something totally different from gold and nickel … it’s a big occasion and great day for Kalgoorlie-Boulder.”
May
Ron Sayers, West Australian mining tycoon who founded the Perenti Group, has died after his battle with stomach cancer and Alzheimer’s disease.
Sayers began as a fitter on Kalgoorlie’s Golden Mile before founding his company Ausdrill in 1987.
Today the ASX200 listed company employs more than 8,000 employees across 12 countries.
Construction has begun on a 580km pipeline in WA that will take gas from the Perth basin to the Goldfields.
The $460m pipeline will form part of the Northern Goldfields Interconnect pipeline, aimed to significantly increase the volume of gas available inland.
June
The United States Department of Defence has awarded Lynas Rare Earths a $120USD contract to build a processing facility on the Gulf Coast in Texas.
The production of the facility aims to reduce the US’ reliance on China for rare earth minerals.
Lynas managing director Amanda Lacaze says the deal demonstrates the priority that the US is placing on “ensuring that supply chains for these critical materials are resilient and environmentally responsible”.
July
Australian mining company Lucapa has unearthed a rare 170-carat pink diamond, one of the biggest pink diamonds ever found.
“The Lulo Rose” is believed to be the largest found in 300 years.
Lucapa Diamond
October
Two people have died in 72 hours in separate mining incidents in WA.
The first died after a rock fall at the Hamlet underground mine at Saint Ives near Kambalda.
The second died at the Capricorn Metals’ Karlawinda gold mine near Newman when his vehicle was run over by a large dump truck.
November
A $750m community investment trust funded by WA’s big fish in mining has been set up by the state government to help fund infrastructure in remote communities and legacy projects.
The government hopes to eventually have $1b in the fund, so far Rio Tinto and BHP have contributed $250m each, Hancock Prospecting has contributed $100m, Woodside $50m, Chevron $50m and Mineral Resources has contributed $50m.
Projects to be funded include an Aboriginal Cultural Centre for Perth’s CBD, the refurbishment of the Perth Concert Hall and upgrades to the Perth Zoo as well as several projects in remote WA.
Swedish company, Epiroc, has agreed to acquire Kalgoorlie Boulder company, Remote Control Technologies Pty Ltd.
RCT was founded 50 years ago and provides automation solutions to mining companies.
RCT is the second Kalgoorlie Boulder company acquired by Epiroc this year, after their acquisition of JTMEC earlier in the year.
The acquisition is expected to be completed by the end of the year.
RCT
December
St Barbara and Genesis Minerals have announced their merger to create Hoover House,
St Barbara will acquire 100% of the shares in Genesis. Genesis shareholders will own 41% of Hoover House, with St Barbara shareholders owning 38%.
Hoover House will have a production target of over 300,000oz of gold per annum.
St Barbara chair, Tim Netscher, said: “The merger with our Leonora neighbour, Genesis, to create Hoover House, will accelerate our Leonora Province Plan. Shareholders will reap the benefits of more production at lower cost and lower risk from this prolific mining district.”
Genesis Managing Director, Raleigh Finlayson, said: “By combining with St Barbara, we are creating Hoover House, the premium Australian gold company we envisaged, with sustainable, high-quality production.”
St Barbara
Elizabeth Gains is stepping down as CEO of Fortescue to become their ambassador for their global green hydrogen brand. Gains will remain a non-executive director.
Gains will be responsible for promoting green hydrogen, green ammonia and green energy.
Since Gains began leading the company in 2018, Fortescue’s share price has quadrupled, and shareholders have grown from less than 35,000 to 170,000.
“ I don’t see this as a departure of any shape or form. I think it’s just the opportune time for Fortescue who are genuinely transitioning,” Ms Gaines said.
St Barbara and Genesis Minerals have announced their merger to create Hoover House,
St Barbara will acquire 100% of the shares in Genesis. Genesis shareholders will own 41% of Hoover House, with St Barbara shareholders owning 38%.
Hoover House will have a production target of over 300,000oz of gold per annum.
St Barbara chair, Tim Netscher, said: “The merger with our Leonora neighbour, Genesis, to create Hoover House, will accelerate our Leonora Province Plan. Shareholders will reap the benefits of more production at lower cost and lower risk from this prolific mining district.”
Genesis Managing Director, Raleigh Finlayson, said: “By combining with St Barbara, we are creating Hoover House, the premium Australian gold company we envisaged, with sustainable, high-quality production.”
St Barbara
The federal government has announced a cap on gas and coal prices as part of its Energy Price Relief Plan.
The plan includes the 12-month emergency gas price cap, a targeted energy bill relief for households and businesses, and investment in cleaner, cheaper and reliable energy.
Anthony Albanese said the action is designed to “provide all Australians with a buffer in unprecedented times.”
A South African researcher has developed a new way to remove contaminates from water used in mining.
The process involves small polystyrene beads that chemically bond with pollutants as the water passes through, cleaning the water and collecting the pollutants for reuse.
Ed Hardwick, owner of Cwenga Technologies said the beads extract valuable materials from the water: “What has been identified in some streams, especially coal mining streams, is that the acid that’s produced from the mine waters actually dissolves out some rare earth materials.”
Aruma Resources has announced its recently completed diamond core drilling program at their Salmon gums Gold Project has expanded the project’s Greenstone footprint to over 75km2.
The drilling, located at their Norseman Gold Camp was designed to provide a deeper geological understanding of the project and opened up the potential for the project to host multiple horizons.
Kin Mining has completed their first deep diamond drill-hole at Helens-Rangoon Fault – which saw wide zones of shallow gold – to test an Induced Polarisation anomaly.
The drilling was completed at their Cardinia Gold Project near Leonora and has intersected significant zones of gold mineralisation.
Kin Mining Managing Director, Andrew Munckton, said: “This represents a strong start to the 5‐hole diamond drill program, which is designed to test the first generation of deeper targets at Cardinia with the aim of uncovering new, high‐grade discoveries within the exciting Eastern Corridor.”
Shire of Leonora
S&P/ASX 200 markets started out the week a little lower, at 7,163 points before climbing to 7,253 points at the end of Wednesday. The markets saw a sudden drop Friday morning, falling from 7,209 points to 7,122 points before making a slight comeback to finish the week.
The All Ordinaries followed a similar trajectory, falling 91 points to 7,304 points Friday morning, before climbing again throughout the day.
Gold peaked at a 3-month high of $1,813.70USD on Wednesday, before dropping again to $1,787.85USD to round out the week.
Silver saw a 6-month high of $24USD on Wednesday before a slight decline to $23.35USD to end the week.
Surbiton Associates has announced Australian gold production for the September 22 quarter is down 9% from the June 22 quarter.
The September quarter saw 76 tonnes compared to the 83 tonnes from the June quarter.
Surbiton Associates director, Dr Sandra Close said gold production for the quarter is somewhat disappointing and stated “some wet weather and Covid-19 problems affected output adversely” but is confident these effects are slowly receding.
Gold Fields has awarded their Barren Lands open pit project to establish a new mine at their Agnew Gold Mine, 150km Northwest of Leonora to MLG Oz.
The project will run alongside their current St Ives cooperation.
MLG founder and managing director Murray Leahy said “we are very proud to continue to support Gold Fields at their St Ives and Agnew operations extending what has, and continues to be, a long and rewarding relationship.”
Metal Hawk Limited has announced diamond drilling at their Berehaven Nickel Project has commenced.
The project, located 20km Southeast of Kalgoorlie Boulder, continued after high grade nickel sulphide was discovered in the area last year.
Minerals Resources is offering starting salaries of over $140,000 to New Zealanders in an entice them to Perth. The campaign is set to see several hundred New Zealanders over the next 6 months.
The S&P/ASX200 stumbled slightly on Monday before recovering to start the month on a high of 7,372 points yesterday. The markets finished off the week on 7,302 points, dropping 0.72% from yesterday.
The All Ordinaries peaked at 7,572 points yesterday, finishing at 7,504 points today.
Gold was relatively stable at the start of the week, before picking up on Wednesday to finish the week at the biggest high since August at $1,802.25USD/oz.
Silver followed suit, starting stable before reaching the biggest high since June at $233.04USD/oz.
