NGEx closes $127 million placement to advance South American projects“The company is now fully funded and well positioned to execute our current phase 3 exploration program," CEO says.Staff Writer | November 4, 2024 | 10:49 am
Gold price trades flat ahead of pivotal US electionAlso on the radar this week is the Fed's interest…Staff Writer | November 4, 2024 | 9:29 am
Anglo American sells Australian coal JV stake for $1.1 billionAnglo has agreed to sell its 33.3% stake in Jellinbah…Cecilia Jamasmie | November 4, 2024 | 5:47 am
Sanctions delay to Russian zinc mine causes supply miscalculation Western sanctions on Russia's zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output. Reuters | October 25, 2024 | 10:10 am
BofA’s Hartnett says bets on gold are rising before US election The precious metal hit a record high on Wednesday and gold funds recorded their biggest weekly inflow since July 2020. Bloomberg News | October 25, 2024 | 9:39 am
Coal billionaire Tykac eyes growth in bet against ESG uptake Pavel Tykac’s Sev.en Group has taken advantage of cheap valuations to buy up coal power stations and mines in the US, Australia and Vietnam. Bloomberg News | October 25, 2024 | 9:20 am
Gold stocks’ secular breakout This huge technical milestone fueled by record gold levels reflects sector sentiment growing more bullish. Adam Hamilton - Zeal Intelligence | October 25, 2024 | 9:07 am
Agnico Eagle takes up 13% stake in Chilean explorer ATEX Resources The Agnico investment will support ATEX's exploration activities at the Valeriano project. Staff Writer | October 25, 2024 | 8:37 am
China will hit peak copper around 2030, industry group says China’s demand growth in the five years up to 2030 will average 1.1%, down from 3.9% in the five years to 2025, Antaike analyst says. Bloomberg News | October 25, 2024 | 7:43 am
Thungela CEO sees world shunning new coal as boon for existing mines New coal investment may be drying up, but for miners like Thungela that could be a boon if Asia's ravenous appetite keeps prices bouyant. Reuters | October 25, 2024 | 7:25 am
Gold miners crippled by costs risk losing out on bullion’s boom Analysts had high hopes for the industry, with gold among the best-performing commodities this year, surging more than 30% on the outlook for lower interest rates and geopolitical turmoil. Bloomberg News | October 24, 2024 | 3:03 pm
Kinross Gold invests in New Brunswick-focused Puma Exploration Kinross can earn a 65% interest in Puma's three projects by spending at least C$16.75 million on exploration during a five-year period. Staff Writer | October 24, 2024 | 10:46 am