Gold heads for weekly loss, spotlight on Trump-Putin talks
Gold prices were steady on Friday but remained on track for a weekly decline, as stronger-than-expected U.S. inflation data dampened expectations for ...
Rescuers in Indonesia have had to stop searching for 14 gold miners missing after a landslide killed six people at a remote mine in Papua province.
The landslide and flooding happened late Friday near a small mine in the Arfak Mountains, triggered by hours of heavy rain. Temporary shelters used by the miners were swept away in the storm.
Abdul Muhari, spokesperson for the National Disaster Management Agency, said the floodwaters hit the miners’ housing around 9 pm local time. Four others were injured.
Rescue teams, including police and military, face tough conditions—bad weather, damaged roads, and rough mountain terrain. It takes about 12 hours to reach the site from the nearest town, said Yefri Sabaruddin, leader of the rescue team.
Officials plan to resume the search on Tuesday when the weather improves.
Unlicensed mining is common in Indonesia, where many work in unsafe conditions at abandoned or informal mines, increasing the risk of accidents. Authorities have not confirmed the legal status of this particular mine.
Indonesia often faces landslides during the rainy season, which lasts from November to April. Past landslides at illegal mines in West Sumatra and Sulawesi have also caused many deaths.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
Gold prices were steady on Friday but remained on track for a weekly decline, as stronger-than-expected U.S. inflation data dampened expectations for interest rate cuts and shifted market attention to the meeting between U.S. President Donald Trump and Russian President Vladimir Putin.
Donald Trump travelled to Alaska on Friday for what he described as a “high-stakes” summit with Russian president Vladimir Putin, aimed at securing a ceasefire in Ukraine and ending the deadliest conflict in Europe since the Second World War.
U.S. President Donald Trump announced plans for new tariffs on steel and semiconductor imports, aiming to boost domestic manufacturing while offering initial exemptions for companies investing in the U.S.
Two people were injured in a shooting near a mosque in the Swedish city of Örebro on Friday, police said.
U.S. President Donald Trump said he would not negotiate on Ukraine’s behalf during his meeting with Russian President Vladimir Putin on Friday, stressing that Kyiv must decide whether to pursue any territorial swaps with Moscow.
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