Gold rush to endure through 2024, though $3,000 mark may prove elusive Spot gold is trading around $2,300 per ounce after hitting a record $2,449.89 on May 20. Reuters | June 12, 2024 | 7:20 am
Forget copper and gold as steel-making raw material outperforms Prices of 44% grade manganese ore have almost doubled since the start of the year, beating gains of 15% in copper, 12% in gold and almost 30% in tin. Bloomberg News | June 12, 2024 | 5:17 am
Gold rush grips Asia despite near-record prices Retail 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 submitted The share auction was organized in Delaware to pay creditors including oil producer ConocoPhillips and miners Rusoro, Crystallex and Gold Reserve. Reuters | June 11, 2024 | 4:05 pm
Solaris closes $39m financing for Warintza copper project in Ecuador The net proceeds will be used primarily for exploration and infill drilling at the project and for regional exploration. Staff Writer | June 11, 2024 | 12:16 pm
US imposes sanctions on Guyanese mining magnate over alleged fraud The sanctions, which target three of Nazar Mohamed's companies as well as a Guyanese government official. Reuters | June 11, 2024 | 12:09 pm
New-look Polymetal aims to double gold output with Central Asia M&A The company may also look to enter new markets in Saudi Arabia and Oman. Reuters | June 11, 2024 | 7:40 am
Lawsuit targets Adventus and Salazar’s Ecuador project permit A group of locals has requested a provincial judge to scrap the environmental permit for the miners’ Curipamba-El Domo copper-gold project. Cecilia Jamasmie | June 11, 2024 | 5:24 am
China’s central bank to return to gold buying as prices ease, analysts say China's central bank added 60,000 troy ounces of gold to its reserves in April. Reuters | June 10, 2024 | 5:21 pm
