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Gold price hits $2,450 on rate cut optimism, geopolitical risks

US gold futures saw a similar rise of 0.5% at $2,429.60 per ounce, having hit $2,454.20 earlier in the day. The metal eased off its high on profit-taking but the outlook remains positive and “new records could be on the way,” explained Fawad Razaqzada, market...
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Glencore’s Ambitious Emission Reduction Goals Glencore’s Ambitious Emission Reduction Goals

Glencore, in a move mirroring its earlier climate strategy but now imbued with a definitive target, has announced a bold plan to slash emissions by 25% by 2030. This decision, as per CEO Gary Nagle, arises from a diverse array of influences, including...
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Sibanye-Stillwater Implements Job Cuts Amid Market Turbulence

Strategic Decisions Shape Layoffs Sibanye-Stillwater recently announced plans to reduce its workforce by 2,600 jobs in South Africa. The company attributed this downsizing to strategic decisions made in collaboration with various stakeholders. These decisions involved the closure of the Simunye shaft and the continued...
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