Gold price wavers as US bond markets rally on rate-cut optimism The precious metal has risen nearly 14% this year, on track for its first annual increase in three years. Bloomberg News | December 28, 2023 | 3:24 pm
Paramount Gold closes $15 million funding with Sprott to advance Grassy Mountain mine The proposed mine has an initial eight-year life producing 47,000 oz. of gold and 55,000 oz. of silver annually. Staff Writer | December 28, 2023 | 11:21 am
Biden extends EU steel, aluminum tariff exemption for 2 years The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production. Reuters | December 28, 2023 | 11:09 am
Mexico finds first remains of coal miners lost in 2022 accident Mexican authorities have located the remains of two of the 10 coal miners trapped and killed at the El Pinabete mine in August 2022. Reuters | December 28, 2023 | 10:37 am
Brazil cracks down as wildcat miners in the Amazon shift their operations Federal Police have joined the government's biodiversity conservation agency ICMBio on a series of recent operations to catch illegal gold miners. Reuters | December 28, 2023 | 10:13 am
China’s net gold imports via Hong Kong rise in November China's net gold imports via Hong Kong rose about 37% in November from the previous month. Reuters | December 28, 2023 | 9:55 am
Saudi mining company Maaden finds new gold deposits The Saudi Arabian Mining Company said it had discovered multiple gold deposits south of its existing Mansourah Massarah gold mine. Reuters | December 28, 2023 | 9:38 am
Japan’s JFE takes new tack to tame volatile coking coal prices Japan's No.2 steelmaker plans to buy more coking coal from the spot market to boost activity and make prices more transparent. Reuters | December 28, 2023 | 9:21 am
Gold Fields’ Chile mine targets April 2024 start after further delay As a result of the delay, Gold Fields has revised its 2024 production forecast from Salares Notre to 220,000-250,000 ounces, from 400,000-430,000 ounces previously. Reuters | December 28, 2023 | 9:01 am