A gold mine collapsed in West Kordofan, Sudan, on Sunday, sources suggest
Sudanese mine collapses of this kind are a recurring feature of the country's artisanal and small-scale gold sector, where informal workings, minimal shoring and monsoon-season ground conditions produce fatal incidents with some regularity.
European Labour Cost Index Final (Q2 YY) 3.10% vs. Exp. 3.0% (Prev. 3.20%)
Germany's Economy Ministry says it is continuously assessing the situation and maintaining ongoing dialogue with all market participants in the natural gas sector; welcomes state-owned energy firm SEFE's intention to step up efforts to fill gas storage
A gold mine collapsed in West Kordofan, Sudan, on Sunday, sources suggest
Iranian MP says "Iran has the upper hand and is in charge of managing the Strait of Hormuz is now an indisputable principle and an objective reality"
UK July ONS House Price Index 1.4% (prev. 2%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
The distinction that matters for the metal is between industrial, export-relevant operations and artisanal sites: Sudanese output is dominated by the latter, much of it moving through informal and smuggling channels rather than recorded trade, so a single collapse has historically carried no measurable weight for licensed supply or the spot market. Where events of this kind have mattered is in the follow-on: authorities have at times responded to deadly collapses with crackdowns, suspensions of informal mining or tighter controls on gold flows, and Sudan's gold revenue sits at the centre of the competing funding streams in the country's internal conflict, which makes any regulatory or territorial response worth tracking. There is also a precedent channel through which conflict-linked supply disruption narratives briefly surface in gold commentary without durable price effect. Bodies of this kind, sourced to local reports and light on confirmation, have on past occasions been revised on casualty figures and location. The signal as it stands is humanitarian and political rather than a supply event.
Related headlines
- Ukrainian President Zelensky says if Russia is prepared to agree to an energy ceasefire, it must bar any attacks on energy infrastructure in any form1 hour ago
- [MARKET ANALYSIS] Crude pulls back to the benefit of metals ahead of the FOMC2 hours ago
- CBRT Governor says global central banks are rediscovering gold2 hours ago
- CBRT Governor Karahan says global central banks are rediscovering gold2 hours ago
- EUROPEAN OPEN: BAB LN trading in line, backs guidance; GLEN LN faces USD 2bln Singapore lawsuit; VOD LN could miss EUR 1.1bln OXG proceeds; Italy probes ISP IM bid for BMPS IM; RNO FP & Geely invest BRL 2bln in Brazil3 hours ago
- Newsquawk Daily European Equity Opening News - 16th September 20264 hours ago
- [MARKET ANALYSIS] FX markets are rangebound with the Fed set to kick off this week's major central bank announcements7 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: China and the US are reportedly discussing cuts to tariffs on agriculture and energy8 hours ago
- Newsquawk Daily Asia-Pac Opening News - 16th September 202612 hours ago
- Israeli airstrikes hit several areas in southern Lebanon, according to Al Jazeera13 hours ago
- Newsquawk US Market Wrap - Stocks slide and Dollar gains as eyes turn to FOMC14 hours ago
- US FX WRAP: Dollar gains to detriment of G10 peers as FOMC awaits15 hours ago
- Russian Defence Ministry says Russian forces hit tanker in Ukrainian port of Izmail, reports Interfax18 hours ago
- Israeli PM Netanyahu will likely not meet with US President Trump during this trip, as the US president will leave New York before the Israeli prime minister arrives, Ynet reports19 hours ago
- European Market Wrap - 15th September 202620 hours ago
- Italy’s Defence Minister says the drone shot down by Italian NATO fighter jets was very likely Russian21 hours ago
- Denmark’s Defence Minister says a Russian frigate fired illumination flares that landed within metres of a Danish military helicopter without warning, adding that Russia’s willingness to take risks has increased23 hours ago
- Russian TU-95MS strategic bombers fly over neutral waters of Barents Sea and Norwegian Sea22 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Brookfield agreed to acquire Reliance Worldwide for USD 2.8bln10 hours ago
- Japanese Machinery Orders (Jul MM) -3.7% vs. Exp. -2.8% (Prev. 9.7%)10 hours ago
The whole workspace, free to try.
Try it free