Gold rush grips Asia despite near-record pricesRetail investors have been pouring money into the safe-haven asset, with the metal finding increased acceptance among younger buyers.Reuters | June 11, 2024 | 4:52 pm
US court receives offers for Citgo’s parent, credit bid submittedThe share auction was organized in Delaware to pay creditors…Reuters | June 11, 2024 | 4:05 pm
US imposes sanctions on Guyanese mining magnate over alleged fraudThe sanctions, which target three of Nazar Mohamed's companies as…Reuters | June 11, 2024 | 12:09 pm
First Quantum to fast-track Zambia project after Panama blow The Fishtie copper project, being developed with Zambia's Mimosa Resources, is expected to start production in 2026. Cecilia Jamasmie | December 4, 2023 | 6:56 am
Jack Lundin assumes top job at Lundin Mining With Jack taking the reins, the company’s key officer positions are now held by siblings, as his brother Adam is the firm's chairman. Staff Writer | December 4, 2023 | 3:45 am
Peru simplifies procedures for approval of environmental studies, water use permits A supreme decree orders the simplification of environmental certification procedures and water use permits required for mining exploration. Valentina Ruiz Leotaud | December 3, 2023 | 1:04 pm
Nine dead in Peru’s Poderosa mine after armed men raid Peru’s national police took control of the mine, seized weapons, and detained seven suspects of the deadly attack. Bloomberg News | December 3, 2023 | 10:20 am
Gold price hits new all-time high Gold futures trading in New York shot up 1.6% on Friday closing at $2,089.70 per ounce, surpassing the previous high set on August 6, 2020. Staff Writer | December 1, 2023 | 3:26 pm
Founders Metals’ high-grade hits hint at Guiana Shield bounty for Antino project in Suriname The junior miner is closing off the year with drill results as high as 13 metres at 14.03 g/t gold. Blair McBride | December 1, 2023 | 11:19 am
Fitch sees industrial metal prices falling in 2024, gold set to rise London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said. Reuters | December 1, 2023 | 10:46 am
Peru mining output grows 3.14% in October, slowest in 8 months Copper production was up 2.1% from the same month a year ago, while gold and zinc jumped 10.0% and 10.4% respectively. Reuters | December 1, 2023 | 10:20 am
Gold mid-tiers’ Q3 2023 fundamentals The potent combination of lower mining costs and higher gold prices fueled huge profits growth for these companies. Adam Hamilton - Zeal Intelligence | December 1, 2023 | 8:54 am