Gold price falls 1% as chances of larger Fed rate cut dwindle Despite this pullback, the precious metal is trading near a record high it reached last month. Staff Writer | August 14, 2024 | 10:14 am
Northam Platinum warns of profit fall as low PGM prices persist Northam's bigger rival Impala Platinum has already said it will report a basic loss of up to 17.8 billion rand. Reuters | August 14, 2024 | 9:37 am
First Nations chiefs challenge Ontario mining regulations in court The mining sector's interest in northern Ontario is driven by the area's rich mineral resources essential for electric vehicle batteries. Staff Writer | August 14, 2024 | 9:22 am
Calibre says Valentine gold mine on track for 2025 production Key recent developments included receiving federal environmental approval and provincial mine and surface leases for the Berry deposit in Newfoundland. Staff Writer | August 14, 2024 | 9:16 am
Teck-Glencore JV begins environmental studies to jumpstart stalled Minnesota project NewRange plans to bring a new team with global expertise on tailings storage, water science, efficient production and carbon reduction. Staff Writer | August 14, 2024 | 8:33 am
Endeavour agrees to pay staff for overtime work to end strike The company in April said it was on track to achieve full-year guidance of between 1.13 million ounces of gold. Bloomberg News | August 14, 2024 | 7:28 am
Perseus Mining takes stake in Guinea-focused miner Perseus has acquired a stake of almost 14% in Predictive Discovery Ltd. Bloomberg News | August 14, 2024 | 7:20 am
Iron ore price hits over 1-year low on bleak China credit data China's bank lending tumbled more than expected in July, hitting the lowest in nearly 15 years. Reuters | August 14, 2024 | 7:14 am
China’s XCMG signs deal with Simfer for Simandou iron ore project China's leading construction machinery manufacturer will provide $112m in core mining equipment. Reuters | August 14, 2024 | 7:09 am